Schedule - VIII - Stewardship Code - Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014

1 [ Schedule VIII : STEWARDSHIP CODE [See Regulation 4(2)(h)] The following principles of stewardship code shall be complied with by any unitholder holding not less than ten percent of the total outstanding units of the InvIT: 1. They must act in the best interests of the InvIT and its unitholders as a whole; 2. They should formulate a comprehensive policy on the discharge of their stewardship responsibilities and review and update the same periodically; 3. They should have a policy to manage issues of conflict of interest while fulfilling their stewardship responsibilities; 4. They should periodically monitor the InvIT and its investee entities viz. HoldCo(s) and SPV(s); 5. They should have a policy on intervention in the InvIT and its HoldCo(s) and SPV(s); 6. They should have a policy on voting. ] ****************** NOTES:- 1. Inserted vide Notification No. SEBI/LAD-NRO/GN/2023/145 dated 16-08-2023