SEBI updates - Reduced Cooling Off Period for OFS by Private Listed InvITs | November 2, 2026

SEBI issued Circular No. HO/17/11/17(7)2026-DDHS-POD2/I/24929/2026 dated November 2, 2026, modifying the OFS framework for private listed InvITs.

Key Change: The cooling off period for OFS by private listed InvITs whose units are illiquid has been reduced to ±8 weeks (amended in Paragraph 19.2 of the Master Circular dated December 30, 2024).

Other existing provisions continue to apply, including the requirement that OFS for private listed InvITs remain open only for T Day and that retail investor provisions under Paragraph 19.1 do not apply.

This circular is effective immediately.