Question
According to SEBI regulations, what percentage of the
total outstanding units of an InvIT or REIT is required for an Eligible Unitholder(s) to exercise board nomination rights?Solution
SEBI regulations mandate that Eligible Unitholder(s) must hold at least 10% of the total outstanding units of an InvIT or REIT to exercise their board nomination rights. This threshold ensures that significant unitholders have a say in the governance of the Investment Manager.
The ratio between the length and breadth of a rectangular board is 7:5. If the breadth of the board is 20.5cm, find the length in cm.
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