https://www.taxtmi.com/acts?id=43293 Units of SM REIT schemes must be mandatorily listed on recognised nationwide stock exchanges and allotted within Board specified timelines; failure by the investment manager to allot or list within those timelines attracts interest payable to investors that cannot be recovered as fees. Listing must comply with the listing agreement and exchange bye laws for trading, clearing and settlement. A person other than the investment manager, its related parties and associates may not hold units exceeding twenty five per cent of outstanding units, and pre offer holders other than the investment manager must hold units for at least one year from listing, subject to Board circulars. en-us Mon, 11 Mar 2024 18:04:47 +0530 Thu, 24 Apr 2025 16:12:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=43293 Units of SM REIT schemes must be mandatorily listed on recognised nationwide stock exchanges and allotted within Board specified timelines; failure by the investment manager to allot or list within those timelines attracts interest payable to investors that cannot be recovered as fees. Listing must comply with the listing agreement and exchange bye laws for trading, clearing and settlement. A person other than the investment manager, its related parties and associates may not hold units exceeding twenty five per cent of outstanding units, and pre offer holders other than the investment manager must hold units for at least one year from listing, subject to Board circulars. Act-Rules SEBI Mon, 11 Mar 2024 18:04:47 +0530 https://www.taxtmi.com/acts?id=43293