Raising of funds and investments

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..... om such number of investors as specified in the trust deed. ] 2 [ (3) The minimum number of unit holders in an InvIT, other than the sponsor(s), its related parties and its associates, shall be five, together and collectively holding at least twenty-five per cent of the total units of the InvIT, at all times. Explanation . - For the purposes of this sub-regulation, a unit holder along with its ass .....

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..... shall not accept from an investor, an investment of value less than rupees one crore; (d) shall not raise funds from more than twenty investors; (e) shall file a placement memorandum with the Board alongwith the fee as specified in Schedule II, atleast 5 days prior to opening of the issue; (f) shall file the final placement memorandum with the Board within a period of ten working days from the dat .....

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