https://www.taxtmi.com/acts?id=34101 Listing of REIT units is mandatory on a recognized nationwide stock exchange and governed by the listing agreement; failure to obtain listing permission or withdrawal of the Board's observation letter makes units ineligible for listing and requires refund of subscription monies with prescribed interest. Trading, clearing and settlement must follow exchange bye laws and Board directions; trading lot is one unit. Redemption is limited to buy back or delisting. Minimum public holding requirements apply, breaches may lead to actions including delisting with a trustee granted six month rectification period for the manager, and pre offer holders (other than sponsors) must hold for one year from listing. en-us Thu, 27 Dec 2018 18:12:49 +0530 Tue, 27 Aug 2024 16:53:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=34101 Listing of REIT units is mandatory on a recognized nationwide stock exchange and governed by the listing agreement; failure to obtain listing permission or withdrawal of the Board's observation letter makes units ineligible for listing and requires refund of subscription monies with prescribed interest. Trading, clearing and settlement must follow exchange bye laws and Board directions; trading lot is one unit. Redemption is limited to buy back or delisting. Minimum public holding requirements apply, breaches may lead to actions including delisting with a trustee granted six month rectification period for the manager, and pre offer holders (other than sponsors) must hold for one year from listing. Act-Rules SEBI Thu, 27 Dec 2018 18:12:49 +0530 https://www.taxtmi.com/acts?id=34101