Economy & Policy◆ Mixed
Sebi cuts OFS cooling-off for privately listed illiquid InvITs to 8 weeks
SEBI is in focus.
· Business Standard Mkts
Sebi has shortened the cooling-off period for offer-for-sale transactions by privately listed illiquid InvITs to eight weeks from 12 weeks, effective immediately.
Why it matters
- With SEBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.