Page 5 - Invits

Fast-track rights issue: Sebi comes out with guidelines for REITs, InvITs

In a circular, the regulator said listed REITs and InvITs desirous of issuing units under fast-track rights issue will have to comply with certain guidelines.

Tyagi and beyond: Tricky areas Sebi chief, successor will have to deal with

One of Sebi's key objectives is to protect investor interest and market integrity.

Sebi revises investment manager eligibility regulations for InvITs

Sebi has also allowed a combined relevant experience of at least 30 years of directors, partners and employees of the investment manager, even if it is a newly created entity

NHAI gears up to place first set of road projects with InvIT in May

A date-wise action plan would be put in place in order to make the first such offering operational by May this year, a senior NHAI official told Business Standard

Brookfield-RIL InvIT likely to raise more debt to attract investors

Tower Infrastructure Trust, set up by Brookfield and RIL, had filed its prospectus just a few days before the Budget was announced

Rs 2-trillion InvITs likely to hit market in the next 5 years, says ICRA

Companies from roads, telecom fibre, power transmission, and generation are expected to come with InvITs

Sebi plans to amend investment manager eligibility norms for InvITs

Sebi has been receiving representations from the industry and the market participants for considering alternative measures

Sebi puts in place guidelines for listed REIT, InvIT on rights issue

The Securities and Exchange Board of India had first notified REITs and InvIT Regulations in 2014

As REITs, InvITs catch investors' fancy, MFs pour in Rs 12,000 cr in 2019

Fund managers infused Rs 670 crore in real estate investment trusts (REITs) and Rs 11,347 crore in infrastructure investment trusts (InvITs) last year

MFs yet to warm up to InvITs; NHAI instrument may change the trend

According to the Securities and Exchange Board of India (Sebi) November 2019 data, the amount deployed by mutual funds in InvITs stands at Rs 933 crore

Sebi lays guidelines for listed REIT, InvIT on preferential issue

In a circular, the regulator has specified manner of issuance of units under preferential issue as well as institutional placement by listed REIT and InvIT and lock-in period

PowerGrid's potential InvIT could be less than 20% of targeted size

Proceeds from this would be used to pay higher dividend, depending on the profit recognised on such sale of assets or capital expenditure layout, the company said

InvITs: A lucrative investment opportunity once the roadblocks are cleared

Despite their limitations, if InvITs are able to issue Rs 40,000 cr as they have done in just six months since April, it is clear there is big potential here

Retail investors should avoid InVITS unless they know underlying business

Comparatively, REITs are simpler, and revenues are predictable

Piramal, CPPIB to set up renewable InvIT with $600 million corpus

For CPPIB, this would be the second investment in an InvIT in India

Companies choose the private route for infrastructure investment trusts

While the private route allows for lower disclosures, industry experts add there are more significant advantages

Sebi notifies norms allowing REITs, InvITs to issue bonds

Sebi has also amended the definition of valuer for both REITs and InvITs

Firms wait and watch as investors turn cautious on InvITs

Reliance Infrastructure is confident of launching its InvIT for seven road projects in this quarter

Street signs: Savvy investors use InvITs to exit mutual funds without cost

Several mutual fund houses had to obtain one-time shareholder consent to invest in InvITs

Investors' guide to investing in the country's first InvIT

The income generated by the assets is distributed to unit holders in the form of dividends