The new system would help REITs (Real Estate Investment Trusts) and InvITs (Infrastructure Investment Trusts) to complete registration and other regulatory filings with Sebi much faster and in a cost-effective manner.
"All applicants desirous of seeking registration as REITs or InvITs are now required to submit their applications online only, through Sebi intermediary portal," the Securities and Exchange Board of India (Sebi) said in a circular.
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Also, the existing Sebi registered InvITs have been advised to activate their online accounts.
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