BusinessStandard
Markets regulator Sebi on Wednesday exempted InvITs and REITs from specific lock-in and allotment restrictions when issuing units to an employee benefit trust under unit-based employee benefit (UBEB) schemes.
This will facilitate easier acquisition and distribution of units to employees.
“In order to promote ease of doing business and to facilitate the acquisition of units by the employee benefit trust and the subsequent transfer of units to the employees as per the terms of the UBEB scheme…
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Sebi grants allotment exemptions for InvITs, Reits in schemes for employees
Sharie Lupo
20:23
Markets regulator Sebi on Wednesday exempted InvITs and REITs from specific lock-in and allotment restrictions when issuing units to an employee benefit trust under unit-based employee benefit (UBEB) schemes. This will facilitate easier acquisition and distribution of units to employees. “In order to promote ease of doing business and to facilitate the acquisition of units
