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- The Securities and Exchange Board of India approved a proposal allowing Real Estate Investment Trusts and Infrastructure Investment Trusts to issue Depository Receipts.
- These trusts are currently restricted to domestic fundraising but will now have access to permissible overseas jurisdictions.
- This reform is part of a broader set of changes aimed at increasing investment opportunities and improving access for Foreign Portfolio Investors.
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All filed from India
Named India · Infrastructure Investment Trusts · Real Estate Investment Trusts · Securities and Exchange Board of India
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