https://www.taxtmi.com/acts?id=43298 The regulation requires the investment manager to apply for delisting of SM REIT scheme units upon specified triggers (decline in public holding, absence of projects/assets, regulatory or exchange direction, manager/trustee or unitholder requests). The Board and stock exchanges may approve, reject, or grant additional time. Delisting procedure must provide an exit option per the listing agreement; the investment manager must sell assets to redeem units and wind up the scheme. If all schemes are delisted, the SM REIT must surrender its registration while remaining liable for prior acts. en-us Mon, 11 Mar 2024 18:09:02 +0530 Wed, 28 Aug 2024 12:33:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=43298 The regulation requires the investment manager to apply for delisting of SM REIT scheme units upon specified triggers (decline in public holding, absence of projects/assets, regulatory or exchange direction, manager/trustee or unitholder requests). The Board and stock exchanges may approve, reject, or grant additional time. Delisting procedure must provide an exit option per the listing agreement; the investment manager must sell assets to redeem units and wind up the scheme. If all schemes are delisted, the SM REIT must surrender its registration while remaining liable for prior acts. Act-Rules SEBI Mon, 11 Mar 2024 18:09:02 +0530 https://www.taxtmi.com/acts?id=43298