Facility of conducting meetings of unitholders of InvITs through Video Conferencing or Other Audio Visual means
- SEBI is in receipt of representations from Investment Manager of InvITs to allow them to conduct meetings of unitholders through Video Conferencing or Other Audio Visual means.
- Regulation 22(3)(a) of SEBI (Infrastructure Investment Trusts) Regulations, 2014 provides that an annual meeting of all unitholders shall be held not less than once a year within one hundred twenty days from the end of financial year and the time between two meetings shall not exceed fifteen months. Further, Investment Manager of InvITs are also required to hold meetings of unitholders for certain matters specified under SEBI (Infrastructure Investment Trusts) Regulations, 2014.
- Enabling participation of unitholders through Video Conferencing or other Audio Visual means ensures maximum participation of the unitholders in the decision-making process, irrespective of their geographical location, and delivers collaborative in-person experience at their convenience.
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