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Conditions for initial offer

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..... ocation or such other details for the particular scheme in the draft scheme offer document. (2) The investment manager shall, through a merchant banker, file the draft scheme offer document with the Board, along with fees specified in Schedule IIA and with the designated stock exchange. (3) The minimum price of each unit of the scheme of the SM REIT shall be rupees ten lakhs or such other amount a .....

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..... pected by the trustee. (8) The draft scheme offer document filed with the Board shall be made public, for comments, if any, by hosting it on the websites of the Board, designated stock exchanges and merchant bankers associated with the issue, for a period of not less than twenty-one days. (9) The Board may issue observations, if any, to the merchant banker within thirty days from the later of: (a) .....

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