Guidelines for public issue of units of InvITs - Amendments

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....of units of InvITs - Amendments 1. This is in continuation to SEBI circular No. CIR/IMD/DF/55/2016 dated May 11, 2016, which provided the "Guidelines for public issue of units of InvITs" ("InvIT Guidelines"). 2. With a view to further rationalise and ease the process of public issue of units of InvITs, it has been decided to provide for following in the InvIT Guidelines: a. In clause 3 of Sch....

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....ch are associate of the merchant bankers, shall apply under the Anchor Investors category." b. In clause 6 of Schedule A, i. Following proviso shall be inserted after the proviso to sub-clause (3) "Provided further, that in case of force majeure, banking strike or similar circumstances, the InvIT, for reasons to be recorded in writing, may extend the bidding (issue) period disclosed in the ....

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....ompleted bid-cum-application form to Self-Certified Syndicate Banks (SCSBs), with whom the bank account to be blocked is maintained or any of the following intermediaries: a. A syndicate member (or sub-syndicate member) b. A stock broker registered with a recognised stock exchange c. A depository participant ('DP') d. A registrar to an issue and share transfer agent ('RTA&#....

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....ice of SCSBs or intermediaries concerned, for rectification and re-submission within the time specified by stock exchange(s). c. Stock exchange(s) shall allow modification of selected fields viz. DP ID/Client ID or Pan ID (Either DP ID/Client ID or Pan ID can be modified but not BOTH), Bank code and Location code in the bid details already uploaded on a daily basis upto timeline as has been spe....