Regulation 13 - Underwriting. - Securities and Exchange Board of India (Issue and Listing of Municipal Debt Securities) Regulations, 2015

Underwriting. 13. A public issue of 1 [ municipal debt securities ] may be underwritten by an underwriter registered with the Board and in such a case adequate disclosures regarding underwriting arrangements shall be disclosed in the offer document. ************* NOTES:- 1. Substituted vide NOTIFICATION No. SEBI/LAD-NRO/GN/2019/40 dated 27-09-2019 before it was read as revenue bonds