Regulation 17 - Buy-back - Securities and Exchange Board of India (Issue and Listing of Municipal Debt Securities) Regulations, 2015

Buy-back. 17. The issuers may provide an option to buy-back the debt-securities at a value which shall not be less than the face value of the debt securities, from the investors 1 [ in the manner as specified by the Board from time to time ] : Provided in such cases, appropriate disclosure shall be made in the offer document ************* NOTES:- 1. Inserted vide NOTIFICATION No. SEBI/LAD-NRO/GN/2019/40 dated 27-09-2019