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of <h1>New Units in Employee Benefit Schemes Must Be Listed Immediately Under SEBI Regulation 17H for REITs.</h1> Regulation 17H of the Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014 mandates that any new units issued under a unit-based employee benefit scheme must be immediately listed on all recognized stock exchanges where existing units are listed. This is contingent upon the scheme's compliance with the regulations, filing a specified statement, and obtaining in-principle approval from the exchanges. Additionally, the manager must notify the exchanges upon exercise as per the specified statement. This regulation was inserted through a notification dated July 9, 2024.
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