Regulatory Alerts2026-04-17
Added · Updated
Securities and Exchange Board of India (Infrastructure Investment Trusts) (Amendment) Regulations, 2026
These regulations amend the SEBI (Infrastructure Investment Trusts) Regulations, 2014, primarily by redefining eligible liquid investments in Regulation 2 to include units of liquid mutual fund schemes with a credit risk value of at least 10 falling under Class A-I or B-I, and by clarifying the definition of Special Purpose Vehicles (SPVs) to address Public-Private Partnership projects and the impact of concession agreement termination. The amendments also adjust the credit risk value threshold in Regulation 18 from 12 to 10 for specific mutual fund schemes and insert a new sub-clause to explicitly include SPVs referenced in the proviso to Regulation 2(1)(zy)(ii). Additionally, Regulation 20 is amended to allow infrastructure investment trusts to utilize funds for other purposes as specified by the Board, beyond just infrastructure project development.