BSEINTERISE TRUSTMediumNeutral
Announced Mon, 29 Jun · 18:56 IST

KPMG recommended as Independent Valuer, unitholder approval sought

Regulatory & Legal View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Interise Trust has informed exchanges that its Investment Manager's Board has recommended KPMG Valuation Services LLP as the Independent Valuer of the Trust. The appointment needs unitholder approval at the upcoming annual meeting, as required under SEBI InvIT Regulations. The recommendation was made after consultation with the Trustee. This is a routine governance disclosure under SEBI InvIT norms.

Likely market impact

Routine regulatory disclosure; no material impact on unit price expected.