Sumary of REITs, InvITs to disclose investors#39; complaints on websites, stock exchanges filings:
- PTI July 22, 2021 / 09:50 PM IST Markets regulator Sebi on Thursday said all complaints received by emerging investment instruments REITs and InvITs will have to be disclosed on their websites and to stock exchanges in a prescribed format.
- REITs (real estate investment trusts) and InvITs (infrastructure investment trusts) are relatively new investment instruments in the Indian context but extremely popular in global markets.
- When these products were introduced in the Indian markets in 2014, threshold investment amount was kept high because they were new products and investors in general were not aware of their risk return profile.
- Earlier on Thursday, Sebi Chairman Ajay Tyagi said these products have taken off since 2017 and more so in the last two years.