Regulation 14 - Mandatory listing. - Securities and Exchange Board of India (Issue and Listing of Municipal Debt Securities) Regulations, 2015

CHAPTER IV 1 [ MUNICIPAL DEBT SECURITIES ISSUED ON PRIVATE PLACEMENT BASIS ] 2 [ Listing on private placement basis 14 . An issuer may list its municipal debt securities issued on private placement basis through placement memorandum. ] ************* NOTES:- 1. Substituted vide NOTIFICATION No. SEBI/LAD-NRO/GN/2019/40 dated 27-09-2019 before it was read as, LISTING OF DEBT SECURITIES 2. Substituted vide NOTIFICATION No. SEBI/LAD-NRO/GN/2019/40 dated 27-09-2019 before it was read as, Mandatory listing. 14. An issuer desirous of making an offer of debt securities to the public shall make an application for listing to one or more recognised stock exchanges: Provided that in case of issuer being corporate municipal entity, such an application shall be made in terms of sub-section (1) of section 40 of the Companies Act, 2013.