- This decision has been taken after receiving representations from REITs/InvITs to further extend the facility to conduct annual meetings and other meetings through a video call.
- Apart from that, SEBI also issued strict guidelines to maintain recorded transcripts of the meetings held through video conferences in the safe custody of the investment managers.
- Once the session was recorded, it made compliance on InvITs and REITs to upload the transcripts on their respective websites.
- A REIT is roughly like a mutual fund that invests in real estate while enabling investors or unit holders to invest in these assets without actually owning them.
- Whereas in InvITs enables direct investment of small amounts of money from possible individual/institutional investors in infrastructure to earn a small portion of the income as a return.
Question:
Q.1 According to the recent circular of SEBI Annual meeting of REITs and InVITs through video conferencing has extended till the month of __________?a. 31 October
b. 31st August
c. 31st December
d. 31st November
