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Dematerialization of securities of Hold Cos and SPVs held by Real Estate Investment Trusts (REITs)

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Full Text of the Document

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....t Trusts (REITs) 1. Regulation 14(18) of SEBI (Real Estate Investment Trust) Regulations, 2014 ("REIT Regulations") provides that the units of REIT shall be issued only in dematerialized form to all the applicants. 2. In order to promote dematerialization of securities, encourage ease of doing business, improve transparency in the dealings of securities of SPVs/ Hold Cos, it has been decided tha....

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