SEBI Discussion Paper: Relaxed Norms for InvITs and REITs
Why in the news
The regulator opened consultation on easing the framework for infrastructure and real estate trusts.
Key facts
- Regulator: SEBI; document: a discussion paper.
- Entities: InvITs and REITs.
- Main proposal: new meaning of ‘public’ unitholders, giving flexibility in fundraising or restructuring.
- Other ideas: lighter listing and disclosure, simpler fundraising, flexible leverage and investment conditions.
Impact
- Streamlined compliance and less friction in capital markets.
- Could spur more REIT and InvIT listings and attract global capital.
- May lift retail and institutional investor confidence.
Exam angle
Full forms of InvIT and REIT.