board-meeting

SEBI Board Meeting in March, 2018

SEBI has taken the following significant decisions in its board meeting held on 28 March 2018: Decision on recommendations of the Kotak Committee As a reaction to the reducing governance standards in listed companies and the heated board room battles, SEBI had formed a committee to re-look into the corporate governance norms in India under…

SEBI Board Meeting in September, 2017: REITs and InvITs

In the board meeting on September 18, 2017, SEBI has approved the following revisions to the Real Estate Investment Trust Regulations (REIT Regulations) and Infrastructure Investment Trust Regulations (InvIT Regulations): Allowed to raise debt capital: The REIT and InvIT Regulations provide that the aggregate consolidated borrowings and deferred payments shall not exceed 49% of the…

© Finsec Law Advisors | 2018
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