SEBI Amends Master Circular for REITs and InvITs; Aligns Quantum of Locked-In Units for IPO and Preferential Issue
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- Last Updated on 31 March, 2025
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Circular SEBI/HO/DDHS/DDHS-PoD-2/P/CIR/2025/43 & 44; Dated: 28.03.2025
SEBI has received various representations from industry associations to align the quantum of units required to be locked in under the preferential issue of units for REITs and InvITs with the quantum applicable at the time of the initial public offering. Accordingly, SEBI has aligned the same. Additionally, to promote ease of doing business and based on representations received from industry associations, the guidelines for the public issue of REIT units and InvIT units have been modified.
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