Finance
SEBI: Allows depository receipts for REITs, InvITs
SEBI's new frameworks allow depository receipts backed by REIT and InvIT units on two IFSC exchanges, with rules on non-resident ownership, unitholder approval, pricing and disclosures.
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SEBI's new frameworks allow depository receipts backed by REIT and InvIT units on two IFSC exchanges, with rules on non-resident ownership, unitholder approval, pricing and disclosures.