https://www.taxtmi.com/circulars?id=63532 A new fast track rights issue route requires listed REITs to satisfy specified eligibility conditions immediately prior to the record date (including listing tenure, dematerialisation, minimum public market capitalisation, listing and disclosure compliance, investor complaint redressal, absence of regulatory or disciplinary actions and audit qualifications, sponsor subscription, and no lead banker conflicts). REITs using fast track must file the letter of offer and pay fees under REIT Regulations. Preferential and institutional placement rules amend sponsor lock-in, require pro forma audited financials for post-disclosure material asset changes and ensure placement financials are recent. en-us Fri, 13 Mar 2020 00:00:00 +0530 Sat, 14 Mar 2020 10:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=63532 A new fast track rights issue route requires listed REITs to satisfy specified eligibility conditions immediately prior to the record date (including listing tenure, dematerialisation, minimum public market capitalisation, listing and disclosure compliance, investor complaint redressal, absence of regulatory or disciplinary actions and audit qualifications, sponsor subscription, and no lead banker conflicts). REITs using fast track must file the letter of offer and pay fees under REIT Regulations. Preferential and institutional placement rules amend sponsor lock-in, require pro forma audited financials for post-disclosure material asset changes and ensure placement financials are recent. Circulars SEBI Fri, 13 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=63532