Listing and trading of units

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....d of twelve working days from the date of closure of the offer. (2) The listing of the units of the REIT shall be in accordance with the listing agreement entered into between the REIT and the designated stock exchange. ^1[(2A) In the event of non-receipt of listing permission from the stock exchange(s) or withdrawal of Observation Letter issued by the Board, wherever applicable, the units s....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....olding for the units of the listed REIT shall be ^2[ in accordance with the sub-regulation (2A) of Regulation 14], failing which action may be taken as may be specified by the Board and by the designated stock exchange including delisting of units under regulation 17: Provided that in case of breach of the conditions specified in this sub-regulation, the trustee may provide a period of six mont....