Encumbrance on units of Infrastructure Investment Trusts (InvITs)

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....SEBI (Infrastructure Investment Trusts) Regulations, 2014 ("InvIT Regulations") inter alia provides for mandatory holding of units of InvIT by sponsor(s) of InvIT. 2. Regulation 23 of the InvIT Regulations, 2014 inter alia provides that the InvIT shall disclose to the designated stock exchanges, unit holders and the Board such information and in the manner as may be specified by the Board. A. En....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ance on the units held by it, shall provide details of the encumbrance to the investment manager of the InvIT within two working days from the date of creation of such encumbrance in the format specified at Annexure -I. Any change in the above information pursuant to release or invocation of encumbrance, or in any other manner, shall also be informed to the investment manager of the InvIT within ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Section 11(1) of Securities and Exchange Board of India Act, 1992 read with Regulation 33 of the InvIT Regulations. 8. This circular is available on SEBI website at www.sebi.gov.in under the categories "Legal Framework" and under the drop down "Circulars". Yours faithfully, Richa G. Agarwal Deputy General Manager Department of Debt and Hybrid Securities Tel No. 022-2644-9596 Email Id - ric....