The Securities and Exchange Board of India vide its notification dated 1st July 2020 has granted temporary relaxation in compliance requirements for REITs and InviTs due to the COVID-19 pandemic.
SEBI in its earlier notification dated 23rd March 2020 had granted the relaxations in compliance requirements to REIT’s and InviT’s by one month over and above the timelines, prescribed under SEBI (Infrastructure Investment Trusts) Regulations, 2014 (InvIT Regulations) and SEBI (Real estate Investment Trusts) Regulations, 2014 (REIT Regulations), and circulars issued thereunder.
However, due to the continuous lockdown, SEBI has now decided to further extended the due date for regulatory filings and compliances for REIT and InvIT till the period ending March 31, 2020, by one month.
Click here to read the notification.
