Such units should be regulated by the securities market regulators in the permissible jurisdictionsThe markets regulator Securities and Exchange Board of India (Sebi) on Wednesday allowed emerging investment vehicles -REITs and InvITs - to list on stock exchanges operating in the International Financial Services Centre (IFSC).
Besides, the watchdog has asked bourses in the IFSC to evolve a detailed framework prescribing the initial and continuous listing requirements for Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) whose units are proposed to be listed.
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