SEBI permits InVITs & REITs to conduct unitholders’ AGM and other meetings virtually till June 30, 2022

  • News|Blog|Company Law|
  • < 1 minute
  • By Taxmann
  • |
  • Last Updated on 24 December, 2021

SEBI; InVITs & REITs; AGM and other meetings virtually till June 30

Circular No. SEBI/HO/DDHS/DDHS_Div2/P/CIR/2021/697, Dated: 22-12-2021

Based on representations from REITs/InvITs, SEBI has decided to extend the facility to conduct annual meetings and other meetings of unitholders through VC/OAVM till June 30, 2022. Earlier, SEBI vide circular no. SEBI/HO/DDHS/DDHS/CIR/P/2021/21 dated February 26, 2021, permitted REITs/InvITs to conduct annual meetings of unitholders through VC/OAVM till December 31, 2021, and other meetings of unitholders through VC/OAVM till June 30, 2021. For conducting such meetings, REITs/InvITs need to comply with the procedure prescribed by the regulator. They shall ensure that recorded transcript of the meeting held through VC or OAVM shall be maintained in the safe custody of the Investment Manager of the InvIT / Manager of the REIT and listed InvITs/ REITs shall also upload the transcript on the website of the InvIT/ REIT as soon as possible after the conclusion of the meeting.

SEBI said that all care must be taken to ensure that such meetings through VC or OAVM allow two-way teleconferencing for the ease of participation of the unitholders, and the participants are allowed to pose questions concurrently or given time to submit questions in advance on the email address of the InvIT/ REIT.

Click Here To Read The Full Notification

Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.

Leave a Reply

Your email address will not be published. Required fields are marked *

Everything on Tax and Corporate Laws of India

To subscribe to our weekly newsletter please log in/register on

Author: Taxmann

Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.

The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:

  • The statutory material is obtained only from the authorized and reliable sources
  • All the latest developments in the judicial and legislative fields are covered
  • Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
  • Every content published by Taxmann is complete, accurate and lucid
  • All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
  • The golden rules of grammar, style and consistency are thoroughly followed
  • Font and size that's easy to read and remain consistent across all imprint and digital publications are applied