Page 2 - Reits/invits Rules
First InvIT by govt entity set for launch; NHAI files application with Sebi
Senior officials told Business Standard the projects being offered under InvIT would mainly be ones constructed on government-funded or in engineering-procurement-construction mode
 "First InvIT by govt entity set for launch; NHAI files application with Sebi")
Covid-19: InvITs may find it hard to meet 90% dividends distribution rule
Surplus generation will remain limited in Q1FY21 and NHAI compensation may take time, so till then, the liquidity buffer will be used for operating expenses and debt servicing, says Icra
 "Covid-19: InvITs may find it hard to meet 90% dividends distribution rule")
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.
 "Fast-track rights issue: Sebi comes out with guidelines for REITs, InvITs")
FPIs still waiting for RBI regulations on investments in InvITs, REITs
The norms for FPI investments in InvITs were relaxed in the July 2019 Budget session
 "FPIs still waiting for RBI regulations on investments in InvITs, REITs")
Relaxed FPI norms in InvITs to help Reliance, Tata Power cut debt
The move will also help Embassy Office Park REIT
 "Relaxed FPI norms in InvITs to help Reliance, Tata Power cut debt")
Sebi allows investment up to 25% in REITs/InvITs to attract investors
The units subscribed by strategic investors, pursuant to the unit subscription agreement, will be locked-in for 180 days from the date of listing in the public issue
 "Sebi allows investment up to 25% in REITs/InvITs to attract investors")
