This notification amends the Securities and Exchange Board of ...
SEBI amends InvIT rules: raises trading lot size, mandates distribution frequency, revises voting norms, e-records compliance.
Notifications SEBI
September 30, 2024
This notification amends the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014. Key changes include: trading lot size for units increased to INR 25 lakhs; distribution frequency mandated at least semi-annually for publicly offered InvITs and annually for privately placed InvITs, with distribution within 5 working days of record date; voting thresholds revised, with provisions for video conferencing and remote e-voting; and requirements for electronic record maintenance, backup systems, business continuity plans and disaster recovery sites.
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