Mandatory disclosures in offer document or placement memorandum or follow on offer document

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....arties a. Sponsor (s) (In case of multiple sponsors, provide details for every sponsor) i. Name, registered office address, correspondence addresses, Contact person (s), contact details, email id ii. Background of the sponsor including activities being undertaken by the sponsor with respect to infrastructure. iii. Holding or proposed holding by sponsor in the InvIT b. Investment Manager and Project Manager i. Background of the investment or Project Manager including past experience in management or advisory services or development in infrastructure sector ii. Brief functions, duties and responsibilities of the investment or Project Manager iii. Brief profiles of directors of the....

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....erms of the issue a. Terms of the offer including number of units, price, issue opening date, issue closing date, terms and conditions and any other information as may be required for the investor to make an informed decision b. Policy of distributions to the unit holders including method of calculation and the frequency for distribution c. Listing of units i. Names of designated stock exchanges ii. Timelines for listing iii. Declaration that prior in-principle approval has been obtained from the designated stock exchanges d. Commitment received from strategic investors, if any 5. Market overview a. General market overview of the infrastructure sector b. Ove....

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....he project. ii. Structure of ownership of the project by the InvIT iii. Special features of the infrastructure projects, if any iv. Description of key agreements and restrictions relevant to the project such as terms of concession agreement, power purchase agreements, etc. v. Life of the asset (both contractually and physical life requiring maintenance, replacement) and right available to extend this life vi. Summary of Land diligence vii. Technical reports specific to the sub-sector such as traffic data report, wind or solar report, etc. viii. Month-wise revenue ^6[from the date of the latest financial statements included in the offer document or placement memorandum until the ....

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....any such transactions proposed in the future 10. Valuation a. Summary of valuation as per the latest full valuation report b. Valuation methodology c. Frequency of valuation and declaration of NAV 11. Financials a. Operating cash flow from the projects (project-wise) under the InvIT for the previous 3 years b. Summary of the financial statements of the InvIT, Investment Manager and sponsor for the previous 3 years, as applicable c. Management's Discussion and Analysis of factors by directors of the Investment Manager affecting financial condition and results of operations d. Projections of revenue and operating cash flows by InvIT, project-wise over next three years includ....

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....tion pertaining to the sector or sub-sector that may be relevant for an investor to invest in units of the InvIT 18. Supporting Documents a. Full Valuation Report b. Auditors Report c. Any other such report 19. Such other information as is material and appropriate to enable the investors to make an informed decision 20. Declarations ^11[(to be signed by the board of directors of the investment manager and sponsor)] ^12[The documents to be provided to the Board,- a) Full valuation report, alongwith offer document/placement memorandum b) Project implementation/management agreement, alongwith draft offer document or the placement memorandum c) Due diligence certificate alo....