Platform-based subscription requirement: SM REIT units must be accepted via stock exchange platform with funds blocked. Subscriptions for SM REIT units must be accepted by the investment manager via the designated stock exchange platform with application monies blocked ... Summary
Platform-based subscription requirement: SM REIT units must be accepted via stock exchange platform with funds blocked.
Subscriptions for SM REIT units must be accepted by the investment manager via the designated stock exchange platform with application monies blocked through the Application Supported by Blocked Amount mechanism; the investment manager must publish the platform web-link on the SM REIT website and the regulation prescribes a minimum subscription amount of ten lakhs rupees or as specified by the Board.
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