2026-04-17
Added
The Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014 establish the regulatory framework for the registration and regulation of Infrastructure Investment Trusts (InvITs) under the Securities and Exchange Board of India Act, 1992. The document defines key terms including eligible infrastructure projects, change in control, independent directors, and institutional investors, while specifying conditions for completed and revenue-generating projects. It outlines the structural requirements for InvITs, including the roles of investment managers, trustees, and custodians, and sets forth definitions for debt securities, liquid assets, and net asset value calculations.