SEBI proposes easing cash-flow rules for road InvITs, allowing debt-funded maintenance costs to enhance distributable cash flows for investors.

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…

SEBI proposes easing cash-flow rules for road InvITs, allowing debt-funded maintenance costs to enhance distributable cash flows for investors.

Market regulator Sebi on Monday proposed allowing Infrastructure Investment Trusts (InvITs) in the roads sector to add back certain major maintenance expenses funded through…

Sebi has proposed a relaxation in the net distributable cash flow calculation for road sector InvITs. The regulator will allow debt-funded major maintenance expenses to be added…