What are the different rights of the units holders in an Infrastructure Investment Trust?

CS Professional · Corporate Funding & Listings in Stock Exchanges · PYQS · June 2023
What are the different rights of the units holders in an Infrastructure Investment Trust?

Answer & Explanation:

Right of Unit holders in InvITs Right to receive returns through cash distributions made by the trust Rights to vote on matters pertaining to acquisition of new assets or borrowing Right to vote on related party matters Right to vote on matters such as appointment or change of the Investment Manager Right to vote on induction of a Sponsor, with the opportunity to exit for dissenting voters Right to vote on exit of Sponsor Right to receive periodic disclosures like annual report, valuation report, quarterly/semi-annual financials etc.

Topics: Investment Vehicles

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