5 October 2021
SEBI vide notifications dated 30 July 2021 has made amendments to the Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014 Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014, wherein the provisions related to minimum application value and trading lots for REITs and InvITs have been amended. The minimum application value shall now be in the range of INR 10,000 (Rupees Ten Thousand) and INR 15,000 (Rupees Fifteen Thousand) and the minimum trading lots for REITs and InvITs will be of 1 (one) unit.
Further, SEBI vide circular dated 4 August 2021 has clarified that registered unlisted InvITs which have already issued units as of the date of the circular, shall be required to comply with the amended provisions of SEBI (Infrastructure Investment Trusts) Regulations, 2014 within a period of 6 (six) months from the date of the circular.
Please click here to read the circular.
