Related party transactions
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....nterest of the unit holders, consistent with the strategy and investment objectives of the InvIT. (2) All related party transactions of an InvIT shall be disclosed,- (a) in the offer document or placement memorandum with respect to any such transactions entered into prior to the offer of units and any such proposed transactions subsequent to the offer; (b) to the designated stock exchanges an....
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....arty in accordance with regulation 22. (4) Transaction between two or more of the InvITs with a common investment manager or sponsor, shall be deemed to be related party transactions for each of the InvITs and provisions of regulation 19 shall apply: Provided that this sub-regulation shall also apply if the investment managers or sponsors of the InvITs are different entities but are associates. ....
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....nded and if so, details of the same thereof. (7) The Board may specify additional guidelines with respect to related party transactions, as it deems fit. *************** NOTES:- 1 Omitted "publicly offered" by Securities and Exchange Board of India (Infrastructure Investment Trusts) (Amendment) Regulations, 2016, w.e.f 30.11.2016 2 Inserted by Securities and Exchange Board of India (Infrast....