Consultation Paper on Amendment to the definition of Strategic Investor


SEBI has issued Consultation Paper on Amendment to the definition of Strategic Investor for REITs and InvITs. The objective of this consultation paper is to seek comments / views / suggestions from the public on proposal to amend the definition of Strategic Investor under the SEBI (Real Estate Investment Trusts) Regulations, 2014 (“REIT Regulations) and the SEBI (Infrastructure Investment Trusts) Regulations, 2014 (“InvIT Regulations”). In order to widen the investor base
for applying under the Strategic Investor category in a public issue of units of the REIT/InvIT and to promote ease of doing business by enabling REITs and InvITs to attract capital from more investors under the Strategic Investor category, it is proposed to amend the definition of Strategic Investor to provide that an entity who is considered a QIB under the ICDR Regulations may apply as Strategic Investors.

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