Securities And Exchange Board Of India - Subsection
Section 16(8) in Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014
(8)Any person other than the sponsor(s) holding units of the REIT prior to initial offer shall hold the units for a period of not less than one year from the date of listing of the units subject to circulars or guidelines as may be specified by the Board.
