Guidelines for filing of placement memorandum - InvITs proposed to be listed

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..... ankers Sir / Madam, Sub: Guidelines for filing of placement memorandum - InvITs proposed to be listed 1. Regulation 2(1) (zoa) of SEBI (Infrastructure Investment Trusts) Regulations, 2014 ( InvIT Regulations ) defines private placement as an issue of units by an InvIT to any select person or group of persons and does not include an offer of units made through a p .....

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..... ate as per Form A (to the extent applicable) of Annexure I of SEBI Circular no. CIR/IMD/DF/55/2016 along with the draft placement memorandum. c. The Board may issue observations, if any, on the draft placement memorandum within fifteen working days from the later of the following dates: i) the date of receipt of the draft placement memorandum by the Board; or ii) the d .....

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..... ular no. CIR/IMD/DF/55/2016. 3. The Circular shall come into effect from January 15, 2020 for all InvITs issuing units on private placement basis and are proposed to be listed. 4. 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 14(6) and Regulation 33 of InvIT Regulation .....

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