Mumbai, Dec. 12 -- The Securities and Exchange Board of India (SEBI) has come up with the Infrastructure Investment Trusts (Fourth Amendment) Regulations, 2025, introducing targeted changes to enhance investor classification and capital participation norms for InvITs. This amendment provides a revision of the definition of certain investor categories, including family trusts and intermediaries, requiring them to have a net worth exceeding Rs 500 crore to be recognised under the relevant clause. SEBI also aligns the definition of "qualified institutional buyer" with that under the ICDR Regulations, 2018, ensuring uniformity across regulatory frameworks. SEBI has altered the definition of "strategic investor," expanding its eligibility to i...