Sebi has tweaked regulations for REITs and InvITs regulations with respect to exit option for dissenting unit holders in various scenarios, including acquisition and change in sponsors
Shares of Brookfield India REIT fell close to 9 per cent in two sessions, while Embassy Office Parks REIT declined more than 5 per cent
A staggered approach should be followed for streamlining of investment guidelines and limits to keep pace with the growth in the InvIT market, it suggested
Niti Aayog has suggested to the government to provide tax incentives for investment in InvITs, and bring them under the IBC to attract retail as well as institutional investors
The changes shall become effective from September 30
Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts will be included in the Nifty indices from September 30, according to new eligibility criteria announced by the NSE
The plan covers 20 asset classes spread over 12 line ministries and departments
GST on expenses charged by REITs, InvITs and MFs may result in tax levy of hundreds of crores
Generally, InvITs comprise a portfolio of infrastructure assets such as highways, power transmission assets
Shrem Group is targeting to raise Rs 600 crore by diluting a 15 per cent stake in its infrastructure investment trust (InvIT) next week, a top official said on Tuesday.
Markets regulator Sebi has reduced the minimum application value of REITs and InvITs, and revised trading lot to one unit for these investment instruments to make them attractive for retail investors
Markets regulator Sebi on Thursday said all complaints received by emerging investment instruments REITs, InvITs will have to be disclosed on their websites, to stock exchanges in a prescribed format.
Infrastructure investment trust IndiGrid said it has completed the acquisition of entire stake in two solar energy assets from FRV at an enterprise value of Rs 660 crore
It is expected that the InvIT would overtake the toll-operate-transfer (TOT) projects as the preferred monetisation route for the authority during the current year
The trust is being set up as a private listed InvIT to attract large institutional investors
Till date, assets worth Rs 2.1 trn have been floated through these platforms - 64 per cent through InvITs and 36 per cent through REITs
In the future, the authority plans to offer 19 projects worth Rs 35,000 crore under the InvIT model
The IPO, which concluded on May 3, was subscribed 4.8 times. The IPO was priced between Rs 99 and Rs 100 per unit. The InvIT had raised Rs 7,735 crore
The first power transmission InvIT of the country, IndiGrid, came out with a public issue of NCDs to raise up to Rs 1,000 crore last week
Decline in premium to help importers hedge near-term exposures