<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Guidelines for determination of allotment and trading lot size for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs)</title>
    <link>https://www.taxtmi.com/circulars?id=60566</link>
    <description>Guidelines set minimum allotment and trading lot rules for publicly offered REITs and InvITs: initial allotment lots must meet prescribed minimum values and consist of a defined number of units, allotments shall be in multiples of such lots, and follow on offers must follow lot based minimums tied to the trading lot. Exchanges must determine trading lot unit counts for listed trusts within six months. InvITs with aggregate consolidated borrowings and deferred payments above the designated threshold must disclose asset cover, debt equity ratio, debt service coverage ratio, interest service coverage ratio and net worth.</description>
    <language>en-us</language>
    <pubDate>Tue, 23 Apr 2019 00:00:00 +0530</pubDate>
    <lastBuildDate>Tue, 23 Apr 2019 18:52:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=568081" rel="self" type="application/rss+xml"/>
    <item>
      <title>Guidelines for determination of allotment and trading lot size for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs)</title>
      <link>https://www.taxtmi.com/circulars?id=60566</link>
      <description>Guidelines set minimum allotment and trading lot rules for publicly offered REITs and InvITs: initial allotment lots must meet prescribed minimum values and consist of a defined number of units, allotments shall be in multiples of such lots, and follow on offers must follow lot based minimums tied to the trading lot. Exchanges must determine trading lot unit counts for listed trusts within six months. InvITs with aggregate consolidated borrowings and deferred payments above the designated threshold must disclose asset cover, debt equity ratio, debt service coverage ratio, interest service coverage ratio and net worth.</description>
      <category>Circulars</category>
      <law>SEBI</law>
      <pubDate>Tue, 23 Apr 2019 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/circulars?id=60566</guid>
    </item>
  </channel>
</rss>