Our Sponsors and Partners

ITCL

IL&FS Trust Company Limited ("ITCL") is part of the IL&FS Group. ITCL was set up in the year 1995 and holds Debenture Trustee license from the Indian Capital Markets Regulator, Securities and Exchange Board of India. ITCL is one of the largest Independent Corporate Trustees in India offering Trusteeship and Fiduciary services to Infrastructure and Financial Services sector, Industry, Governments, Funds, Families and High Net worth Individuals. As of September 30, 2014, ITCL administered around USD 80 billion in assets under a gamut of Corporate and Family Office Trusteeship services from its headquarters in Mumbai and Offices in Delhi, Bangalore and Kolkata. ITCL is ISO 9001:2008 certified, and adheres to the best Corporate Governance Practices with 50% of the Board comprising of Independent Directors

ITCL clients include Governments and their agencies, Corporations, Financial Institutions and other entities that access debt capital and credit markets. For its Corporate Trust Business, ITCL nurtures in-house financial and legal expertise to deliver a full range of trusteeship and advisory services for Issuers and Investors. ITCL is ahead of the curve for product innovation, risk management and development of customized solutions for the Industry and market participants.

The line of business of ITCL includes

     • Debt / Bond Trusteeship
     • Security trusteeship
     • Board Observer
     • Business Trusts (Real Estate Investment Trusts / Infrastructure Investment Trusts)
     • Alternative Investment Funds (/Private Equity and Venture Capital Funds)
     • CSR Advisory
     • Monitoring practices
     • Creation of Special Purpose Vehicle and structured solution
     • Escrow Services, Securities Monitoring, Trust and Retention Account Management

Real Estate & Infrastructure Investment Trust (Business Trust)
Recently, Indian Capital Markets Regulator (“SEBI”) approved Real Estate Investment Trusts (“REITs”) and Infrastructure Investment Trusts (“InvITs”) framework (India’s very own framework for "Business Trusts"). This move offers a new asset class for investors as also a new source of financing to India's Real estate and Infrastructure Industry. IL&FS Trust Company Limited (ITCL) being an independent, SEBI Registered Debenture Trustee, is in readiness for setting up REITs and InvITs in India.

Broad scope of Trustee services envisaged for Business Trusts:

     • Structuring from Legal and Taxation perspective
     • Setting up of Operational framework and common platform for participants including Sponsor(/s), Investor(/s),Investment manager, Principal Valuer, Project manager and Exchange
     • Overseeing compliance of activities of all the parties to the Business Trust in the interest of the unit holders and towards regulatory framework
     • Legal due diligence on assets and Monitoring the flow of funds
     • Convening meetings of unit holders and maintenance of records
     • Investor Relationship activity including review status of unit holders complaints and their redressal undertaken by the Manager
     • Regulatory Compliance and Reporting