SEBI proposes Depository Receipts for REITs, listed InvITs to widen foreign investor access

In a consultation paper released on Tuesday, the regulator said the proposal would enable REITs and publicly listed InvITs to issue foreign currency-denominated Depository Receipts in permissible overseas jurisdictions.

India's market regulator is set to simplify disclosure requirements for offshore funds to entice more long-term foreign investment. The proposed adjustments include extending the disclosure timelines for fresh investors and increasing the thresholds for reporting specific…