For private placement of units of InvITs and REITs above ₹1,000 crore, issuer has to access the EBP platform for such issuances, it said in a consultation paper on Thursday. Further, the green shoe portion in issues should not exceed three times the base issue size, the regulator said.
Irdai opens NDB’s Maharajah INR bonds to insurers
In a circular dated August 27, the regulator said that it had received representation from New Development Bank to permit Insurers to invest in Maharajah