SEBI allows indebted InvITs to borrow more for asset upgrades
NewsBytes | May 15, 2026 11:39 PM CST
SEBI restricts refinancing, tightens project disclosures
If an InvIT owes more than 49% of its asset value, it can now refinance only the main part of existing loans (not interest or fees), and only if those loans were used for SEBI-approved reasons.
Plus, InvITs have to share more details about their project companies in annual reports and follow new rules if they want to sell, merge, or start fresh with these ventures.
This update builds on earlier tweaks from April aimed at making things smoother for India's infrastructure scene.
READ NEXT
-
POCSO case: Union Minister Bandi Sanjay Kumar's son fails to get interim relief in HC

-
Tech Industry Faces Layoffs Amid AI Advancements: What Engineers Need to Know

-
Rivals Season 2 and where to stream 'saucy' series in UK

-
UK hotel plunges into administration - in business since 2009

-
Kajol, Bobby Deol & others support Aalim Hakim's decision to not work for celebs with disrespectful managers
