Oriental InfraTrust, which is operated by OIT Infrastructure Management, has been issued administrative warnings by the Securities and Exchange Board of India (SEBI) recently. These are a part of SEBI's constant endeavors to enforce compliance with regulations. The trust, which has been formed as an Infrastructure Investment Trust under SEBI regulations, deals with infrastructure projects and asset management.
The cautionary notices might be related to certain compliance failures or procedural deviations noticed by SEBI. Oriental InfraTrust has been consistently involved in regulating its assets and maintaining regulatory compliance, as indicated by its latest annual general meeting and financial reports.
The management of the trust is likely to respond to such cautionary notices and take the required steps in accordance with the guidelines of SEBI. The move reflects the regulatory agency's keenness to ensure market integrity and transparency.
Source: Financial Express