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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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<h1>SEBI Updates Guidelines for REITs: Fast Track Rights Issues, Lock-In Periods, and Disclosure Rules Enhanced.</h1> The Securities and Exchange Board of India (SEBI) has amended guidelines for rights issues, preferential issues, and institutional placements of units by listed Real Estate Investment Trusts (REITs). The modifications include criteria for fast track rights issues, such as a minimum three-year listing period, compliance with listing regulations, and no regulatory actions against the REIT. The amendments also address lock-in periods for units allotted to sponsors and financial information disclosure requirements. These changes aim to streamline processes and ensure compliance with REIT regulations. The circular is issued under SEBI's regulatory authority.