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Sebi revises InvIT rules for private to public conversion: Disclosure norms aligned with follow-on offers; sponsor requirements eased
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Sebi has updated the rules for private InvITs converting to public ones, effective immediately. The changes include revised sponsor holding requirements and standardized disclosure norms to match follow-on offer standards. These adjustments, influenced by industry feedback, aim to protect investors, improve market efficiency, and ensure consistent regulatory practices.
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