https://www.taxtmi.com/circulars?id=67174 SEBI distinguishes pricing for institutional placements: public InvITs must price at not less than the average of weekly high and low of closing market prices for the two weeks preceding the relevant date, with a permissible discounted price subject to unitholder approval; privately placed InvITs must price at not less than the NAV per unit based on a full valuation of all existing assets under the InvIT Regulations. The circular takes immediate effect. en-us Thu, 08 Feb 2024 00:00:00 +0530 Thu, 08 Feb 2024 17:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67174 SEBI distinguishes pricing for institutional placements: public InvITs must price at not less than the average of weekly high and low of closing market prices for the two weeks preceding the relevant date, with a permissible discounted price subject to unitholder approval; privately placed InvITs must price at not less than the NAV per unit based on a full valuation of all existing assets under the InvIT Regulations. The circular takes immediate effect. Circulars SEBI Thu, 08 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67174