Finance Bill proposes amendments for enabling FPIs to subscribe to listed debt of REITs, InvITs
The amendments will confer the power to Pooled Investment Vehicles (defined to include AIFs, REITs, InvITs etc) to borrow and issue debt securities.
The amendments will confer the power to Pooled Investment Vehicles (defined to include AIFs, REITs, InvITs etc) to borrow and issue debt securities.
Earlier, the mandated time gap was six months between two institutional placements.
Securities market regulator SEBI has eased norms for real estate investments trusts (REITs) and infrastructure investment trusts (InvITs) to raise funds…