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SEBI Cuts Cooling-Off Period For Illiquid Private Listed InvIT OFS To Eight Weeks, New Rules Effective Immediately

SEBI Cuts Cooling-Off Period For Illiquid Private Listed InvIT OFS To Eight Weeks, New Rules Effective Immediately
Photo: Free Press Journal · view original

New Delhi [India], November 2: The Securities and Exchange Board of India (SEBI) has reduced the cooling-off period for offer for sale (OFS) of units of illiquid private listed Infrastructure Investment Trusts (InvITs) to eight weeks, with the revised provision coming into immediate effect. The m...

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