Encumbrance on units of Infrastructure Investment Trusts (InvITs)

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....ucture Investment Trusts (InvITs) 1. Regulation 12 of 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....

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....ation of entity creating encumbrance 4. Sponsor(s) creating encumbrance 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 manne....

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....total units held No. of units As a % of total units held                 7. This circular is issued in exercise of powers conferred under 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....