Sebi cuts cooling-off period for OFS by privately listed illiquid InvITs to 8 weeks
MeridStreet AI summaryThe Securities and Exchange Board of India, Sebi, has reduced the cooling-off period for illiquid private listed Infrastructure Investment Trusts, InvITs, to 8 weeks. This change aims to make it easier for InvITs to raise funds through Offer for Sale, OFS, by reducing the time they must wait before listing. The previous 12-week cooling-off period has been shortened to address concerns from market participants and enhance the ease of doing business. This move may help InvITs with low trading volumes and large lot sizes to raise capital more efficiently.
Read the source report: Economic Times →
Why it matters
Sebi has reduced the cooling-off period for illiquid private listed InvITs from 12 weeks to 8 weeks. This regulatory change may increase market activity and provide more flexibility for investors.
Market impact
Transmission channels
Likely winners & losers
Winners
- InvITs
- Investors
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MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to Economic Times. For information only — not financial advice.