PRE-MARKET
Sebi proposed allowing real estate and infrastructure trusts to raise foreign capital. This move aims to broaden foreign investor access to India's investment trust market. Depository receipts will enable trading in foreign currency on international exchanges. Privately listed infrastructure trusts will not be eligible for this new facility. The proposal seeks to attract more global capital….
REITs, publicly-listed InvITs may get to raise foreign capital via DRs
Impact Score
Market Sentiment
→NeutralPrimary Sectors
Sebi proposed allowing real estate and infrastructure trusts to raise foreign capital. This move aims to broaden foreign investor access to India's investment trust market. Depository receipts will enable trading in foreign currency on international exchanges. Privately listed infrastructure trusts will not be eligible for this new facility. The proposal seeks to attract more global capital…
Key Highlights
Sebi proposed allowing real estate and infrastructure trusts to raise foreign capital.
This move aims to broaden foreign investor access to India's investment trust market.
Depository receipts will enable trading in foreign currency on international exchanges.
Source
Economic Times
Published
22m ago
Impact Score
70 / 100
Category
Indian Markets
Moderate near-term volatility expected while markets assess implications for Indian Markets.
What this means
No linked events found.