Thursday, November 05, 2020

Unlisted Infrastructure Investment Trust (InvIT) to raise funds through Right Issue

SEBI has allowed and issued Guidelines regarding Right Issue. Earlier InvITs were allowed to raise capital through for private placement. In Circular SEBI/HO/DDHS/DDHS/CIR/P/2020/223 dated 04/11/200 SEBI has detailed conditions of right issue e.g. Pricing, minimum allotment, related party transactions, valuation, financial details etc.

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