News From Press Sebi cuts listing time for REITs, InvITs to 6 days from 12 days

Sebi cuts listing time for REITs, InvITs to 6 days from 12 days

Source: ET Apr 29, 2022

To streamline the process of public issue of units of REIT and InvIT, markets regulator Sebi on Thursday reduced the time taken for the listing of such emerging investment vehicles to six working days from the present 12 days.

The new rule will apply to a public issue of units of Real Estate Investment Trust (REIT) and Infrastructure Investment Trust (InvIT), which opens on or after June 1, the Securities and Exchange Board of India (Sebi) said in two separate circulars.

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