INVESTMENT CONDITIONS, RELATED PARTY TRANSACTIONS, BORROWING AND VALUATION OF ASSETSSecurities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014
INVESTMENT CONDITIONS, RELATED PARTY TRANSACTIONS, BORROWING AND VALUATION OF ASSETSSecurities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014
De-classification of sponsor status permitted subject to unit-holding cap, manager independence, no fugitive offender, and unit-holder approval. De-classification of sponsor status permitted a sponsor of a listed REIT to relinquish sponsor designation after sustained listing, subject to conditions: ... Summary
De-classification of sponsor status permitted subject to unit-holding cap, manager independence, no fugitive offender, and unit-holder approval.
De-classification of sponsor status permitted a sponsor of a listed REIT to relinquish sponsor designation after sustained listing, subject to conditions: the sponsor and associates' combined unit holding below a prescribed cap; the manager not controlled by the sponsor or associates; the sponsor and associates not being fugitive economic offenders; and obtaining unit holder approval as prescribed.
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