Dear Sir\Madam
The Securities and Exchange Board of India (SEBI) has issued circular no. SEBI/HO/DDHS-PoD-2/P/CIR/2023/174 dated October 31, 2023, regarding revision in manner of achieving minimum public unitholding requirement-Infrastructure Investment Trusts (InvITs).
SEBI issued circular no. SEBI/HO/DDHS/PoD2/P/CIR/2023/107 dated June 27, 2023, prescribing methods to achieve minimum public unitholding requirements for InvITs. Subsequently, the said circular was consolidated as Chapter 21 of the Master Circular for InvITs dated July 06, 2023
In addition to the methods listed in the Master circular for InvITs dated July 06, 2023, SEBI vide this circular has provided an additional method for privately placed InvITs in order to achieve minimum public unitholding requirements.
This circular shall come into force with immediate effect.
The aforesaid circular is attached for reference.
All Listed companies are requested to take note and comply accordingly.
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Ashok kumar Singh
DGM-Listing Compliance
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Shyam Bhagirath
Manager-Listing Compliance
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