SEBI’s Compliance Relaxations for REITs, INVITs
The Securities and Exchange Board of India (SEBI) extended the deadline for regulatory filing and compliances for investment vehicles - REITs and InvITs -- for the period ended March 31, 2020 by another month over and above the extension given in March. The temporary relaxations come in the wake of the coronavirus pandemic. In March, the regulator had announced the extension in the due date for regulatory filings and compliances for Real Estate Investment Trusts (REITS) and Infrastructure Investment Trusts (InvIT) for the period ending March 31, 2020 was extended by one month over and above the timelines prescribed under the regulations. "It has been decided to further extend the due date for regulatory filings and compliances for REIT and InvIT for the period ending March 31, 2020 by a month over and above the extended timelines specified vide the aforementioned circular," a SEBI circular said.
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