https://www.taxtmi.com/notifications?id=143395 The regulations impose timelines to fill vacancies in investment manager and independent director positions, formalise expanded trustee duties emphasising transparency, due diligence and unitholder protection with an illustrative Schedule X, and restrict transferability of locked-in units within sponsor groups while allowing transfers to incoming sponsors or self-sponsored managers subject to minimum unitholding conditions. They also broaden permitted investments to include certain unlisted service company shares, specified liquid mutual fund schemes, and interest rate derivatives solely for hedging, and refine credit-rating and distribution-consistency rules. en-us Tue, 01 Apr 2025 00:00:00 +0530 Thu, 03 Apr 2025 14:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=143395 The regulations impose timelines to fill vacancies in investment manager and independent director positions, formalise expanded trustee duties emphasising transparency, due diligence and unitholder protection with an illustrative Schedule X, and restrict transferability of locked-in units within sponsor groups while allowing transfers to incoming sponsors or self-sponsored managers subject to minimum unitholding conditions. They also broaden permitted investments to include certain unlisted service company shares, specified liquid mutual fund schemes, and interest rate derivatives solely for hedging, and refine credit-rating and distribution-consistency rules. Notifications SEBI Tue, 01 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/notifications?id=143395