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Corporate Laws Central Ministry of Finance Securities and Exchange Board of India Act, 1992

Revision in manner of achieving minimum public unitholding requirement - Infrastructure Investment Trusts (InvITs)

31-Oct-2023 | SEBI/HO/DDHS-PoD-2/P/CIR/2023/174

The Securities Exchange Board of India has issued a notification on Revision in manner of achieving minimum public unitholding requirement for Infrastructure Investment Trusts (InvITs).

By virtue of this notification an additional method for Infrastructure Investment Trusts privately placed in order to achieve minimum public unitholding
requirements has been added which states that:-

Units can be issued through preferential allotment. However, Only units issued to the public shall be considered for compliance with minimum unitholding requirement.

The detailed revised manner of achieving the minimum public shareholding- Infrastructure Investment Trusts (InvITs) has been prescribed in the attached document.

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