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of <h1>SEBI Allows REITs with INR 100 Crore Net Worth to Issue Commercial Papers, Following RBI and SEBI Guidelines.</h1> The circular issued by the Securities and Exchange Board of India (SEBI) outlines the eligibility and requirements for Real Estate Investment Trusts (REITs) to issue and list commercial papers. REITs with a net worth of INR 100 Crore or more can issue commercial papers, provided they comply with the Reserve Bank of India's guidelines, SEBI's listing norms under the Non-Convertible Securities Regulations, 2021, and stay within the debt limits set by the REIT Regulations, 2014. This directive is issued under the authority granted by the SEBI Act, 1992, and the REIT Regulations, 2014.
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