SEBI reduces the cooling-off period for OFS in privately listed InvITs from 12 to 8 weeks effective 2 November 2026.
Shorter OFS Waiting Period for InvITs
SEBI has reduced the cooling-off period for Offer for Sale (OFS) in privately listed Infrastructure Investment Trusts (InvITs) from 12 weeks to 8 weeks, effective 2 November 2026.
The change applies to InvITs with lower trading volumes, aiming to improve capital raising agility. The revision balances market stability with issuer flexibility in accessing public markets.
Legal advisors should update transaction timelines for InvIT offerings and consider revised disclosure sequences. The reduced wait enhances issuer responsiveness to market conditions while maintaining investor safeguards.
Citations
- SEBI Circular on OFS Cooling-Off Period, 2026