SEBI proposes Depository Receipts for REITs, listed InvITs to widen foreign investor access

SEBI Depository Receipts
Covered by 4 sources
- Economic Times·1d agoCAS sparks trader backlash as losses mount, Sebi holds firm
Concerns are mounting among traders regarding the recent shift to a closing auction system, which has led to significant price volatility. Numerous market participants have reported unexpected losses, prompting authorities to engage with brokers to explore these issues. Despite…
Read at Economic Times → - Business Standard·1d agoSebi sees no need to review new stock closing auction immediately
India's benchmark Nifty 50 index had seen sharp volatility earlier this week as a new mechanism to determine the closing prices of stocks was introduced on Monday
Read at Business Standard → - Business Today IN·2d agoSEBI proposes Depository Receipts for REITs, listed InvITs to widen foreign investor access
In a consultation paper released on Tuesday, the regulator said the proposal would enable REITs and publicly listed InvITs to issue foreign currency-denominated Depository Receipts in permissible overseas jurisdictions.
Read at Business Today IN → - ET Markets·2d agoSebi aims to relax offshore fund investor-disclosure rules as appeals grow: Report
India's market regulator is set to simplify disclosure requirements for offshore funds to entice more long-term foreign investment. The proposed adjustments include extending the disclosure timelines for fresh investors and increasing the thresholds for reporting specific…
Read at ET Markets →