SEBI Permits REITs and InvITs to Issue Depository Receipts on GIFT City Exchanges
The Securities and Exchange Board of India (SEBI) has introduced a framework allowing Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) to issue foreign currency-denominated depository receipts (DRs) backed by their units and list them on GIFT City exchanges. Fresh DR issuances require at least 75% unitholder approval, except during initial offers with simultaneous DR issuance. DR holders must be non-residents, and pricing must not undercut Indian offerings. The move aims to attract more foreign investment into these sectors.
First-hand measurement across 3 sources
We measured how 3 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (53/100). Lens Score 44/100.
Outlets measured: news18, economictimes, moneycontrol. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (52–55/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
moneycontrol broke this story on 2 Nov, 02:37 pm. Other outlets followed.