Amendment to SEBI Infrastructure Investment Trusts (InvITs) Regulations: The key changes include revised rules for filling independent director vacancies within investment managers, requiring prompt filling of vacancies to maintain compliance. It also introduce detailed roles and responsibilities for trustees, emphasizing transparency, accountability, and unitholder protection. The regulations adjust rules related to the transfer of locked-in units held by sponsors, allowing transfers within sponsor groups under certain conditions. (SEBI Notification Dated 01/04/2024)