Regulation 26ZC - Allotment procedure and basis of allotment - Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014

1 [ Allotment procedure and basis of allotment. 26ZC . (1) On receipt of the sum payable on application, the investment manager shall, on behalf of the scheme of the SM REIT, allot the units to the applicants. (2) The authorized representatives of the designated stock exchange along with the post issue merchant bankers and registrars to the issue of the scheme of the SM REIT shall ensure that the basis of allotment is finalized in a fair and proper manner. ] ************** NOTES:- 1. Inserted vide Notification No. SEBI/LAD-NRO/GN/2024/166 dated 08-03-2024