BSE issued extension of facility for conducting AGM and other meetings of unitholders of REITs & InvITs through Video Conferencing (VC) or through Other Audio-Visual means (OAVM).

Jun 07, 2022 | by TeamLease RegTech Legal Research Team

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Secretarial Complianceclass="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: justify;">The Bombay Stock Exchange, BSE on June 07, 2022, issued a notice referring to the  Securities and Exchange Board of India (SEBI) dated June 3, 2022, regarding the Extension of the facility for conducting the annual meeting and other meetings of unitholders of REITs and InvITs through Video Conferencing (VC) or through Other Audio-Visual means (OAVM).

It is observed that MCA, vide circular dated May 05, 2022, has extended the facility of holding AGMs and EGMs through VC/OAVM till December 31, 2022 

Now, it has been decided by SEBI to extend the facility to conduct annual meetings of unitholders in terms of Regulation 22(3) of SEBI (REIT) Regulations, 2014 and Regulation 22(3)(a) of SEBI (InvIT) Regulations, 2014 and meetings other than the annual meeting, through VC or OAVM till December 31, 2022.

[Notice No. 20220607-6]


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