SEBI amends the guidelines for grievance redressal by Real Estate Investment Trusts

Securities and Exchange Board of India vide a circular dated 22nd July, 2021, informed amendments in the guidelines for the Grievance Redressal Mechanism for Real Estate Investment Trusts (“REITs”). All complaints including SCORES complaints received by the REIT shall now on be disclosed in the format mentioned in Annexure – A on the website of the REIT.

The complaints shall also be filed with the recognized stock exchange(s), where its units are listed within 21 days from the end of financial year or end of quarter, as the case may be.

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