https://www.taxtmi.com/circulars?id=68750 The circular revises the conversion framework so sponsor(s) and sponsor group(s) must maintain the minimum unitholding specified in Regulation 12(3) and 12(3A) at all times and the lock-in shall follow Regulation 12(5). It also aligns procedure and disclosure for the public issue converting a private listed InvIT with follow-on offer requirements under the InvIT Regulations, substituting terminology and requiring compliance with follow-on offer disclosures and procedures. en-us Fri, 08 Aug 2025 00:00:00 +0530 Fri, 08 Aug 2025 17:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=68750 The circular revises the conversion framework so sponsor(s) and sponsor group(s) must maintain the minimum unitholding specified in Regulation 12(3) and 12(3A) at all times and the lock-in shall follow Regulation 12(5). It also aligns procedure and disclosure for the public issue converting a private listed InvIT with follow-on offer requirements under the InvIT Regulations, substituting terminology and requiring compliance with follow-on offer disclosures and procedures. Circulars SEBI Fri, 08 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/circulars?id=68750