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SCHEDULE IX - STEWARDSHIP CODE - Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014Extract 1 [ Schedule IX : STEWARDSHIP CODE [See Regulation 4(2)(g)] The following principles of stewardship code shall be complied with by any unitholder holding not less than ten percent of the total outstanding units of the REIT: 1. They must act in the best interests of the REIT and its unitholders as a whole; 2. They should formulate a comprehensive policy on the discharge of their stewardship responsibilities, review and update the same periodically; 3. They should have a policy to manage issues of conflict of interest while fulfilling their stewardship responsibilities; 4. They should periodically monitor the REIT and its investee entities viz. HoldCo(s) and SPV(s); 5. They should have a policy on intervention in the REIT and its HoldCo(s) and SPV(s); 6. They should have a policy on voting. ] *************** NOTES:- 1. Inserted vide Notification No. SEBI/LAD-NRO/GN/2023/144 dated 16-08-2023
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