 "Sebi")
The markets regulator Securities and Exchange Board of India (Sebi) on Wednesday allowed emerging investment vehicles —REITs and InvITs — to list on stock exchanges operating in the International Financial Services Centre (IFSC).
Besides, the watchdog has asked bourses in the IFSC to evolve a detailed framework prescribing the initial and continuous listing requirements for Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) whose units are proposed to be listed.
In a circular, Sebi said units of InvITs and REITs meeting certain conditions may be permitted to list on stock exchanges operating in the IFSC.
Such units should be regulated by
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