Consultation paper on Framework for issuance of subordinate units and Unit Based Employee Benefits – REITs and InvITs

SEBI has issued a Consultation paper on Framework for issuance of subordinate units and Unit Based Employee Benefits – REITs and InvITs. The objective of this consultation paper is to seek comments / views / suggestions from the public on the following proposals:

1. Framework for issuance of subordinate units by REITs and InvITs to sponsor(s),their associatesand sponsor group.
2. Framework for Unit Based Benefits for the employees of the Manager of REIT and Investment Manager of InvIT.

The comments/ suggestions should be submitted by any of the following modes latest by December 29, 2023 using the link.