Sebi eases norms to encourage social stock exchanges and smaller REITs!

Economy Business

The Securities and Exchange Board of India (Sebi) has eased the norms for social stock exchanges and Real Estate Investment Trusts (REITs) to attract more participants into the arena and, at the same time, make more instruments available for trading for retail investors.The board of the capital market watchdog, which met on Saturday, approved the reduction in minimum issue size public issuance of Zero Coupon Zero Principal Instruments (ZCZP) by not-for-profit entities from the current Rs 1 crore to Rs 50 lakh.


      Sebi board deliberated on the matter of amending the delisting regulations but did not arrive at a decision

      Sebi reduced the minimum application size in certain offerings on social stock exchanges from Rs 2 lakh to Rs 10,000 to encourage "wider participation of subscribers including retail"

      Sebi has also approved amendments to SEBI (Real Estate Investment Trusts) Regulations, 2014 "to create a regulatory framework for facilitation of SM (small and medium) REITs

 

     


About SEBI (Securities and Exchange Board of India):

Headquarters: Mumbai, Maharashtra
Founded: 12 April 1988
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