OFFER DOCUMENT AND ADVERTISEMENTS :
The Offer document of the REIT shall contain material, true, correct and adequate disclosures to enable the
investors to make an informed decision.
Without prejudice to the generality of above sub regulation, the offer document shall | |||
include all information as specified in Schedule III to these regulations or any circulars or guidelines issued by SEBI in this regard |
not be misleading and not contain any untrue statements or misstatements; |
not provide for any guaranteed returns to the investors; |
include such other disclosures as may be specified by SEBI |
Any advertisement material relating to any issue of units of the REIT shall not be misleading and shall not contain anything extraneous to the contents of the offer document. If an advertisement contains positive highlights, it shall also contain risk factors with equal importance in all aspects including print size.
The advertisements shall be in accordance with the offer document and any circulars or guidelines as may be
specified by SEBI in this regard.