BSE vide notice date 08 February 2024 has issued Revised Pricing Methodology for Institutional Placements of Privately Placed Infrastructure Investment Trust (InvIT). Based on the request of the industry in respect of pricing for institutional placement by privately placed InvIT, recommendation of Hybrid Securities Advisory Committee (HySAC), and to promote Ease of Doing Business, the guidelines for pricing of institutional placements InvITs has been reviewed.
Accordingly, the pricing for listed InvITs stand modified as under so that privately placed InvITs can undertake institutional placement based on NAV of the assets of the InvIT.