New Delhi, Aug. 11 -- The Securities and Exchange Board of India (SEBI) eased the framework for converting private listed Infrastructure Investment Trusts (InvITs) into public InvITs.
Investment Infrastructure Trusts (InvITs) are a type of investment vehicle that enables investors to pool their funds and invest in infrastructure projects. The purpose of InvITs is to allow Infrastructure Companies to easily repay their debt obligations.
In an official circular issued by SEBI, it stated that the regulatory authority has taken the review following the suggestions of the Hybrid Securities Advisory Group (HySAC). The HySAC is a committee established by the Securities and Exchange Board of India (SEBI) to oversee the regulation and development ...