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of <h1>Stewardship Code in Schedule IX mandates 10% REIT unitholders to follow principles for responsible management and transparency.</h1> The Stewardship Code outlined in Schedule IX of the Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014, mandates that unitholders possessing at least ten percent of REIT units adhere to specific principles. These include acting in the best interests of the REIT and all unitholders, formulating and periodically updating a stewardship policy, managing conflicts of interest, monitoring the REIT and its investee entities, and establishing policies on intervention and voting. These regulations aim to ensure responsible and transparent management by significant unitholders.
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