TMI BlogEncumbrance on units of Infrastructure Investment Trusts (InvITs)X X X X Extracts X X X X X X X X Extracts X X X X ..... cumbrance on units of Infrastructure 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 exc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... period prescribed in terms of Regulation 12 of the InvIT Regulations B. Obligation 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. A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t Held As a % of Total Outstanding Units No. of units mandatorily held Number of units pledged or otherwise encumbered No. of units As a % of total units held ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Annexure - I Format for disclosure of details of encumbrance Name of InvIT Name of the recognised stock exchanges where the units of InvIT are listed Name of the sponsor as applicable Total unitholding ..... X X X X Extracts X X X X X X X X Extracts X X X X
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