SEBI Releases a Consultation Paper on Ease of Doing Business for ‘Small and Medium Real Estate Investment Trusts’

Blog|News|Company Law|
< 1 minute

By Taxmann
|
Last Updated on 5 November, 2024

Consultation Paper; Dated: 30.10.2024

SEBI has released a consultation paper on the ease of doing business for ‘Small and medium Real Estate Investment Trusts’ (SM REITs). SEBI has proposed bifurcating the scheme offer document, which must be filed in two parts, key information of the trust (KIT) and key information of scheme (KIS). Further, investment manager must file an updated KIT with SEBI and stock exchanges for records within 30 days from the end of half year. Also, SEBI proposes to align provisions for SM REITs and REITs.

Click Here To Read The Full Update

Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.