https://www.taxtmi.com/circulars?id=65827 Post-allotment units must be listed within two working days; if not listed, monies must be refunded through verifiable means within four working days and unpaid amounts become jointly and severally repayable by the REIT, its manager and defaulting officer with specified interest. Pricing for frequently traded units requires application of prescribed volume weighted average price benchmarks, and institutional placements to a capped number of institutional investors must meet the shorter-term VWAP floor. Preferential allotment is barred to persons who sold units during the pre-relevant-date period, with a specific exception for consideration in asset acquisitions. en-us Fri, 26 Aug 2022 00:00:00 +0530 Mon, 29 Aug 2022 11:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=65827 Post-allotment units must be listed within two working days; if not listed, monies must be refunded through verifiable means within four working days and unpaid amounts become jointly and severally repayable by the REIT, its manager and defaulting officer with specified interest. Pricing for frequently traded units requires application of prescribed volume weighted average price benchmarks, and institutional placements to a capped number of institutional investors must meet the shorter-term VWAP floor. Preferential allotment is barred to persons who sold units during the pre-relevant-date period, with a specific exception for consideration in asset acquisitions. Circulars SEBI Fri, 26 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/circulars?id=65827