 "Sebi")
Aiming to make REITs and InvITs more attractive to investors, capital markets regulator Sebi today relaxed norms to allow these trusts to raise funds by issuing debt securities.
This will be allowed for REITs (Real Estate Investment Trusts) and InvITs (Infrastructure Investment Trusts) which are listed on national stock exchanges.
The Sebi board has decided to have further consultations with the stakeholders on a proposal to allow REITs to invest at least 50% stake in the underlying holding company.
Similarly, it has allowed a holding company, with at least 50% stake, to invest in the underlying special purpose vehicle.
Sebi's board has approved amendment
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