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| NOTICES |
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| Notice No. |
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20240208-30 |
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Notice Date |
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08 Feb 2024 |
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| Category |
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Circulars Listed Companies |
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Segment |
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General |
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| Subject |
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Revised Pricing Methodology for Institutional Placements of Privately Placed Infrastructure Investment Trust (InvIT). |
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| Attachments |
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Revised Pricing Methodology - (InvIT).pdf ; |
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| Content |
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Dear Sir\Madam
The Securities and Exchange Board of India (SEBI) has issued circular No. SEBI/HO/DDHS/DDHS-PoD/P/CIR/2024/10 dated February 8, 2024, regarding revised Pricing Methodology for Institutional Placements of Privately Placed Infrastructure Investment Trust (InvIT).
Based on the request of the industry in respect of pricing for institutional placement by privately placed InvIT, recommendation of Hybrid Securities Advisory Committee (HySAC), and to promote Ease of Doing Business, the guidelines for pricing of institutional placements InvITs has been reviewed. Accordingly, the pricing for listed InvITs stand modified as under so that privately placed InvITs can undertake institutional placement based on NAV of the assets of the InvIT.
This circular shall be applicable 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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