Sebi revises InvIT rules for private to public conversion: Disclosure norms aligned with follow-on offers; sponsor requirements eased
Sebi has updated the rules for private InvITs converting to public ones, effective immediately. The changes include revised sponsor holding requirements and standardized disclosure norms to match follow-on offer standards. These adjustments, influenced by industry feedback, aim to protect investors, improve market efficiency, and ensure consistent regulatory practices.
Sebi has updated the rules for private InvITs converting to public ones, effective immediately. The changes include revised sponsor holding requirements and standardized disclosure norms to match follow-on offer standards. These adjustments, influenced by industry feedback, aim to protect investors, improve market efficiency, and ensure consistent regulatory practices.
