Sebi proposed allowing real estate and infrastructure trusts to raise foreign capital. This move aims to broaden foreign investor access to India’s investment trust market. Depository receipts will enable trading in foreign currency on international exchanges. Privately listed infrastructure trusts will not be eligible for this new facility. The proposal seeks to attract more global capital into these investment vehicles.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.