Sebi reforms REITs and InvITs norms to align disclosures, cut entry size; allow broader role for merchant bankers
Sebi's board has approved amendments to ease business operations for REITs, InvITs, and merchant bankers. These changes include greater cash-flow flexibility, clearer public unitholding definitions, harmonized reporting timelines, and reduced minimum investment for privately placed InvITs. Merchant bankers can now conduct certain non-Sebi-regulated financial services under the same entity, subject to regulatory safeguards, enhancing operational efficiency.
Sebi's board has approved amendments to ease business operations for REITs, InvITs, and merchant bankers. These changes include greater cash-flow flexibility, clearer public unitholding definitions, harmonized reporting timelines, and reduced minimum investment for privately placed InvITs. Merchant bankers can now conduct certain non-Sebi-regulated financial services under the same entity, subject to regulatory safeguards, enhancing operational efficiency.
