SEBI issues a consultation paper on disclosure of financial information in offer documents and valuation of InvITs
SEBI issues a consultation paper
The Securities and Exchange Board of India (SEBI) issued a consultation paper on 15 June 2016, proposing continuous financial disclosures and other continuous disclosures to be made by Infrastructure Investment Trusts (InvITs) registered under the SEBI (Infrastructure Investment Trusts) Regulations, 2014 (InvIT Regulations).
Continuing with its recommendations, SEBI on 8 July 2016, issued a consultation paper proposing the following:
- Guidelines for financial disclosures in the offer document/placement memorandum
- Valuation of the units of InvITs.
This issue of IFRS Notes aims to provide an overview of the SEBI consultation paper.
To access the text of the SEBI consultation paper, please click here.
© 2023 KPMG Assurance and Consulting Services LLP, an Indian Limited Liability Partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.
KPMG (Registered) (a partnership firm with Registration No. BA- 62445) converted into KPMG Assurance and Consulting Services LLP (a Limited Liability partnership firm) with LLP Registration No. AAT-0367 with effect from July 23, 2020.
For more detail about the structure of the KPMG global organization please visit https://kpmg.com/governance.