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<h1>SEBI Amends REIT Regulations: New Sponsor Rules, Unit Acquisition Limits, and Enhanced Governance Measures Effective Now.</h1> The Securities and Exchange Board of India (SEBI) issued the Second Amendment to the Real Estate Investment Trusts (REITs) Regulations, 2020, effective upon publication in the Official Gazette. Key changes include the introduction of the term 'inducted sponsor,' adjustments to sponsor de-classification criteria, and restrictions on unit acquisition exceeding 25% of REIT units without majority approval. Amendments also address subscription limits, redefine sponsor roles, and mandate exit options for dissenting unit holders during sponsor control changes. These regulations aim to enhance transparency and governance within REITs.