Guidelines for filing of placement memorandum - InvITs proposed to be listed

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.... Bankers Sir / Madam, Sub: Guidelines for filing of placement memorandum - InvITs proposed to be listed 1. Regulation 2(1) (zoa) of SEBI (Infrastructure Investment Trusts) Regulations, 2014 ("InvIT Regulations") defines "private placement" as an issue of units by an InvIT to any select person or group of persons and does not include an offer of units made through a public issue and Regula....

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....licable) of Annexure I of SEBI Circular no. CIR/IMD/DF/55/2016 along with the draft placement memorandum. c. The Board may issue observations, if any, on the draft placement memorandum within fifteen working days from the later of the following dates: i) the date of receipt of the draft placement memorandum by the Board; or ii) the date of receipt of satisfactory reply f....