Timing and effect to be decided in due course
Embassy Office Parks REIT announced that the trading lot size for Embassy REIT units on the Indian Stock Exchanges will be reduced to 1 unit from the current trading lot size of 200 units.The announcement follows the Securities and Exchanges Board of India's (SEBI) approval of the amendments to the appropriate regulations to reduce trading lots for both REITs and Infrastructure Trusts (InVITs) which was outlined at its Board Meeting on 29 June 2021.
The reduction in lot size brings Embassy REIT's trading lot in line with the trading lot sizes of listed equity companies on the Indian Stock Exchanges. The timing and the effect of the reduction in lot size will be decided in due course, post appropriate coordination with the Indian stock exchanges.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app