Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>SEBI Circular: REIT Offer Documents Must Include 3-Year Financials, Interim Data, and Auditor-Certified Projections.</h1> The circular issued by the Securities and Exchange Board of India (SEBI) outlines the requirements for disclosing financial information in offer documents for Real Estate Investment Trusts (REITs). It mandates the inclusion of financial data for the past three years, with additional interim data if necessary. The financial statements must adhere to Indian Accounting Standards, and specific disclosures are required, including balance sheets, income statements, and cash flow statements. Additional information on related party transactions, contingent liabilities, and capital commitments is also required. The financial data must be audited, and projections of income and cash flows for the next three years must be certified by an auditor.