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Home INTERNATIONAL Sebi lets REITs and InvITs to record on bourses working in IFSC

Sebi lets REITs and InvITs to record on bourses working in IFSC

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The markets regulator Securities and Trade Board of India (Sebi) on Wednesday allowed emerging investment vehicles —REITs and InvITs — to record on stock exchanges functioning in the Worldwide Economical Expert services Centre (IFSC).&#13
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Aside from, the watchdog has questioned bourses in the IFSC to evolve a in depth framework prescribing the original and constant listing specifications for Infrastructure Investment Trusts (InvITs) and Authentic Estate Investment Trusts (REITs) whose models are proposed to be detailed.&#13
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In a round, Sebi mentioned models of InvITs and REITs conference specified conditions may be permitted to record on stock exchanges operating in the IFSC.&#13
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These types of units really should be controlled by the securities market regulators in the permissible jurisdictions.&#13

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