SEBI Proposes Fast-Track Follow-On Offers for REITs & InvITs
On 20th February 2025, the Securities and Exchange Board of India (SEBI) proposed a framework for undertaking fast-track follow-on offerings by Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs).
- The move aims to make fundraising more efficient for these investment vehicles.
What did SEBI propose?
Lock-in Period for Preferential Issue of Units
- 3 Years: 15% of units allotted to sponsors and sponsor groups will be locked-in for 3 years from the date of trading approval.
- 1 Year: Remaining units will be locked-in for 1 year from the date of trading approval.
Follow-On Public Offer (FPO) Requirements
- Application: To ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Economy Watch
- 1 India Lists First Mortgage-Backed Pass Through Certificates on NSE
- 2 Bond Forward in G-Secs
- 3 4th Phase of Consolidation of Regional Rural Banks
- 4 SIDBI’s Report on MSME Sector
- 5 Pradhan Mantri Formalisation of Micro Food Processing Enterprises Scheme
- 6 RBI’s Surplus Transfer: A Catalyst for India’s Economic Growth
- 7 RBI’s Digital Lending Directions 2025
- 8 RBI Recognises FIMMDA as SRO
- 9 MSP for Jute
- 10 Expansion of the Credit Guarantee Scheme for Startups