2023-07-06
The Securities and Exchange Board of India (SEBI) issued this Master Circular to consolidate all applicable regulations for Infrastructure Investment Trusts (InvITs) as of July 6, 2023, superseding previous circulars while preserving pending actions and rights. The document mandates the use of the SEBI Intermediary Portal for all online filings, registrations, and compliance reporting by InvITs and their associated intermediaries. It establishes comprehensive guidelines for public issues, including anchor investor allocations, pricing mechanisms, disclosure requirements, and continuous compliance obligations to protect investor interests.