Securities and Exchange Board of India (Infrastructure Investment Trusts) (Amendment) Regulations, 2021.

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..... MENDMENT) REGULATIONS, 2021 No. SEBI/LAD-NRO/GN/2021/27. -In exercise of the powers conferred under section 30 read with sections 11 and 12 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following regulations to further amend the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014, namely:- .....

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..... er sub-regulation (2), the following new sub-regulation shall be inserted, namely, - (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 uni .....

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..... ulations, 2017, vide No. SEBI/LAD-NRO/GN/2017-18/024, with effect from December 15, 2017. c. Securities and Exchange Board of India (Infrastructure Investment Trusts) (Amendment) Regulations, 2018, vide No. SEBI/LAD-NRO/GN/2018/07, with effect from April 10, 2018. d. Securities and Exchange Board of India (Infrastructure Investment Trusts) (Amendment) Regulations, 2019, vide No. SEBI/LAD-NRO .....

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