The Securities and Exchange Board of India (SEB

• I has eased regulatory compliance for alternative investment funds (AIFs) regarding dematerialisation, diluted its regulatory framework for index providers, and reduced the minimum issue size and application amount for social stock exchange.Which of the following statements is/are correct with respect to the information provided above?  I.   The asset value for  Small and Medium Real Estate Investment Trusts (REITs) must be at least Rs 50 crore, compared to the Rs 400 crore required for larger REITs. II. SEBI also approved reducing the issue size for non-profit organizations raising funds through Zero Coupon Zero Principal Instruments (ZCZ
• P from Rs 1.5 crore to Rs 50 lakh. III.Furthermore, the minimum application size has been reduced to Rs 10,000 from Rs 2 lakh to encourage broader retail investor participation.