SEBI approves amendments to REIT
  • WebDesk BTVI
  • Mar 01 2019

The Securities and Exchange Board of India (Sebi) on Friday approved amendements to REIT, Infra trust rules. It has raised the leverage limit for InvITs to 70 per cent of assets, from 49 per cent. The market regulator has also allowed MFs, portfolio managers to trade in commodity derivatives. Apart from these, Sebi has also tightened open offer exemption for IBC cases.