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            <h1>SEBI Defines Follow-On Offer for Public Sale of REIT Units Under Real Estate Investment Trusts Regulations, 2014</h1> A follow-on offer, as defined by the Securities and Exchange Board of India (SEBI) under the Real Estate Investment Trusts Regulations, 2014, refers to the public offering of units of a listed Real Estate Investment Trust (REIT) for subscription. This includes the sale of REIT units by an existing unit holder to the public.

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