https://www.taxtmi.com/circulars?id=66510 InvITs having public unitholding below the required threshold must raise public unitholding to the mandated level within three years using prescribed methods such as fresh issuance, offer for sale (via offer document or secondary market), rights or bonus issues with related-party renunciation, institutional placement, capped ETF transfers, or open-market sales subject to volume and yearly limits. Sponsors and related parties must observe disclosure, timing, and non-purchase undertakings; the Investment Manager must announce details to exchanges and secure undertakings, while exchanges monitor methods and report non-compliance to SEBI. en-us Tue, 27 Jun 2023 00:00:00 +0530 Tue, 27 Jun 2023 18:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=66510 InvITs having public unitholding below the required threshold must raise public unitholding to the mandated level within three years using prescribed methods such as fresh issuance, offer for sale (via offer document or secondary market), rights or bonus issues with related-party renunciation, institutional placement, capped ETF transfers, or open-market sales subject to volume and yearly limits. Sponsors and related parties must observe disclosure, timing, and non-purchase undertakings; the Investment Manager must announce details to exchanges and secure undertakings, while exchanges monitor methods and report non-compliance to SEBI. Circulars SEBI Tue, 27 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66510