Securities and Exchange Board of India

By EDITORIAL TEAM INSOL India Posted On : September 25, 2020

SEBI, by its notification dated September 16, 2020, in exercise of powers conferred under section 11(1) of the SEBI Act, 1992, has permitted listing and trading of units of Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts  (REITs) on recognized stock exchanges in International Financial Services Centres (IFSC).
Clause  7 of SEBI  (IFSC)  Guidelines, 2015  specifies  the types  of  securities in  which dealing may be permitted by stock exchanges operating in IFSC. It has been decided to permit ‘Units  of InvITs  and  REITs by whatever  name  called in  the  Permissible Jurisdictions’ as permissible security under sub-clause  (vi)  of Clause  7  of SEBI  (IFSC) Guidelines, 2015.