SEBI Update – Revised framework for computation of Net Distributable Cash Flow (NDCF) by Infrastructure Investment Trusts (InvITs)

It has been decided to standardize the framework for calculation of available Net Distributable Cash Flows.

The revised framework shall be applicable with effect from April 1, 2024.

Link – https://www.sebi.gov.in/legal/circulars/dec-2023/revised-framework-for-computation-of-net-distributable-cash-flow-ndcf-by-infrastructure-investment-trusts-invits-_79657.html