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Sebi mulls allowing InvITs to add major road expenses back into NDCF calculation
The proposal came after the Securities and Exchange Board of India (Sebi) received representation from the Bharat InvITs Association (BIA) regarding the treatment of debt availed by InvITs for incurring major maintenance expenses of road projects while calculating the NDCF.
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economictimes.indiatimes.com
Sebi mulls allowing InvITs to add major road expenses back into NDCF calculation
The proposal came after the Securities and Exchange Board of India (Sebi) received representation from the Bharat InvITs Association (BIA) regarding the treatment of debt availed…
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thehindubusinessline.com
SEBI proposes easing cash-flow rules for road InvITs
SEBI proposes easing cash-flow rules for road InvITs, allowing debt-funded maintenance costs to enhance distributable cash flows for investors.
