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Sebi Proposal: Follow-on REITs, InvITs Offers May Be Fast-Tracked
The New Indian Express Tadepalligudem
|February 21, 2025
MARKETS watchdog Sebi has proposed a framework to fast-track follow-on offers by REITs (real estate investment trusts) and InvITs (infrastructure investment trusts) to help make fundraising more efficient.
The key measure mooted is a three-year lock-in provision for 25% of the preferential issues allotted to sponsors of InvITs and 15% for the sponsors of REITs, and a one-year lock-in for the rest and mandates minimum public unit-holding at 25% on par with the issuer of regular equities and have to be issued
Diese Geschichte stammt aus der February 21, 2025-Ausgabe von The New Indian Express Tadepalligudem.
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