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Sebi relaxes compliance deadline for REITs, InvITs in wake of COVID-19

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New Delhi: Market regulator Securities and Exchange Board of India (Sebi) on Wednesday eased the compliance deadline for emerging investment vehicles – REITs and InVITs – by a month in the wake of coronavirus pandemic.In a circular, Sebi said it has extended the regulatory due date for filing and compliance for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InVITs) for the financial year ended March 31, by one month over and above the timeline given by the regulator in March.Earlier in March, the regulator had granted additional one month over and above the timelines prescribed under REITs and InVITs Regulations for compliance.Under the norms, a manager is required to submit an annual report, among other.

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