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Legal● Neutral for Indian equities
SEBI relies on amended rules in Embassy REIT ‘Fit and Proper’ matter, tells Bombay HC no disqualification made out
The brief
- SEBI told the Bombay High Court its review found no basis to disqualify people linked to Embassy Office Parks REIT
- The matter affects Embassy Office Parks REIT and India's listed REIT sector
- Smartworks Plans Rs 600 Crore Annual Expansion As Contracted Revenue Nears Rs 6,000 Crore
- Smartworks to get Rs 305 cr office rent from new corporate clients