In order to facilitate the growth of REITs, markets regulator Sebi on Thursday decided to allow such trusts to invest at least 50 per cent stake in holding companies.
Further, the capital market watchdog has proposed to provide additional avenues for listed entities to achieve minimum 25 per cent public shareholding (MPS) requirements, Sebi Chief Ajay Tyagi told reporters here after the board meeting.
These additional methods are -- Qualified Institutions Placement (QIP) and sale of shares up to two per cent held by promoters or promoter group in the open market.
