https://www.taxtmi.com/circulars?id=68585 Revision of Master Circular Chapters 3 and 4 requires REIT offer documents to include audited historical financials, project wise operating cash flows, related party disclosures, capitalisation and debt histories, statements of net assets and total returns at fair value, and certified projections; combined financial statements for initial offers and consolidated statements for follow on offers must follow Ind AS with specified modifications. Pro forma and combined/carve out financial statements are required for material acquisitions/divestments and must be certified/audited per ICAI guidance. A detailed framework for computing Net Distributable Cash Flows at SPV/HoldCo and Trust levels and periodic continuous disclosure, audit, approval and website, investor redressal and borrowing related disclosures are prescribed. en-us Wed, 07 May 2025 00:00:00 +0530 Fri, 16 May 2025 13:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=68585 Revision of Master Circular Chapters 3 and 4 requires REIT offer documents to include audited historical financials, project wise operating cash flows, related party disclosures, capitalisation and debt histories, statements of net assets and total returns at fair value, and certified projections; combined financial statements for initial offers and consolidated statements for follow on offers must follow Ind AS with specified modifications. Pro forma and combined/carve out financial statements are required for material acquisitions/divestments and must be certified/audited per ICAI guidance. A detailed framework for computing Net Distributable Cash Flows at SPV/HoldCo and Trust levels and periodic continuous disclosure, audit, approval and website, investor redressal and borrowing related disclosures are prescribed. Circulars SEBI Wed, 07 May 2025 00:00:00 +0530 https://www.taxtmi.com/circulars?id=68585