Home / Markets / News / Sebi lets InvITs, REITS hold unitholder meetings via video conferencing

Sebi lets InvITs, REITS hold unitholder meetings via video conferencing

For meetings other than annual meeting of unitholders, the facility shall be available up to September 30, 2020, it added

Premium

InvITs and REITs also need to upload the transcript on their website as soon as possible after the conclusion of the meeting

Press Trust of India New Delhi

2 min read Last Updated : Jun 22 2020 | 9:15 PM IST

Capital markets regulator Sebi on Monday allowed InvITs and REITs to conduct meeting of unitholders through video conferencing and other audio-visual means.

The facility of video conferencing (VC) and other audio-visual means (OAVM) will be available for annual meeting of unitholders to be conducted during calendar year 2020, Sebi said in a circular.

For meetings other than annual meeting of unitholders, the facility shall be available up to September 30, 2020, it added.

The meeting through video conferencing or through OAVM needs to be conducted in accordance with the procedure specified by Sebi in the circular.

ALSO READ:

Topics : Sebi REITs

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in