The capital markets regulator in January 2019 laid down the process for payment for applications in the public issue of units of these new investment instruments through the facility of ASBA.
InvITs comprises a portfolio of infrastructure assets such as highways and power transmission assets.
The last PPPAC meeting was in December, according to its website and there is no clarity on when the next one will be held
Capital markets regulator Sebi came out with a new norm to implement draft filing fees to be paid by infrastructure investment trusts (InvITs) for initial offer and rights issue.
Plans more launches in FY23; gas pipelines, other sectors also on radar
The decision of interim distribution was taken because the group is expected to have a considerable amount of distributable assets, both in cash and InvITs, by March
InvITs and REITs are required to upload the transcript on their respective websites as soon as possible after the conclusion of the meetings
The decision was taken at the 229th meeting of the Employees' Provident Fund Organisation's apex decision making body
The Reserve Bank on Tuesday said FPIs have been permitted to invest in debt securities issued by Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) by FPIs
India's first renewable InvIT raised Rs 400 crore recently; CEO Sanjay Grewal says there is enough capital to support their investment strategy
Sebi has tweaked regulations for REITs and InvITs regulations with respect to exit option for dissenting unit holders in various scenarios, including acquisition and change in sponsors
Shares of Brookfield India REIT fell close to 9 per cent in two sessions, while Embassy Office Parks REIT declined more than 5 per cent
A staggered approach should be followed for streamlining of investment guidelines and limits to keep pace with the growth in the InvIT market, it suggested
Niti Aayog has suggested to the government to provide tax incentives for investment in InvITs, and bring them under the IBC to attract retail as well as institutional investors
The changes shall become effective from September 30
Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts will be included in the Nifty indices from September 30, according to new eligibility criteria announced by the NSE
The plan covers 20 asset classes spread over 12 line ministries and departments
GST on expenses charged by REITs, InvITs and MFs may result in tax levy of hundreds of crores
Generally, InvITs comprise a portfolio of infrastructure assets such as highways, power transmission assets
Shrem Group is targeting to raise Rs 600 crore by diluting a 15 per cent stake in its infrastructure investment trust (InvIT) next week, a top official said on Tuesday.