The Securities Exchange Board of India (Sebi) released a draft consultation paper on February 14. The market regulator proposed several changes to the disclosure requirements for financial results of Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs). The proposed changes seek to align the disclosure requirements of InvITs and REITs with Sebi’s Issue of Capital and Disclosure Requirements (ICDR) and Listing Obligations and Disclosure Requirements (LODR).