SEBI Expansion of Permitted End-Use of InvIT Borrowings
Sector: Road • Location: India
Source: LiveLawBiz
The Securities and Exchange Board of India (SEBI) expanded the permissible use of borrowings by Infrastructure Investment Trusts (InvITs) where net borrowings exceed 49% of the value of InvIT assets. The amendment allows borrowings above the 49% limit to be used for capital expenditure to enhance asset performance or augment capacity, major maintenance expenses for road projects, and refinancing o
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | amended regulation in effect |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The Securities and Exchange Board of India (SEBI) expanded the permissible use of borrowings by Infrastructure Investment Trusts (InvITs) where net borrowings exceed 49% of the value of InvIT assets. The amendment allows borrowings above the 49% limit to be used for capital expenditure to enhance asset performance or augment capacity, major maintenance expenses for road projects, and refinancing of debt under specified conditions. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |