Schedule - VA - Disclosures to be made in the Offer Document - Securities and Exchange Board of India (Issue and Listing of Securitized Debt Instruments and Security Receipts) Regulations, 2008

1 [SCHEDULE VA Securities and Exchange Board of India (Issue and Listing of Securitised Debt Instruments and Security Receipts) Regulations, 2008 (See regulation 38E) DISCLOSURES TO BE MADE IN THE OFFER DOCUMENT The offer document shall contain all material information which shall be true and adequate so as to enable the investors to make informed decision on the investment in the issue. The disclosures shall be part of the objects of the issue in the offer document and shall include: A. Details of non-performing loans acquired by the issuer/ asset reconstruction company from various banks. Such details shall, inter-alia, include the following: (i) date of NPA classification; (ii) details of assets; (iii) facility-wise limits sanctioned; (iv) nature of charge on the underlying assets i.e. 1st charge, 2nd charge, exclusive charge etc.; (v) share in total debt; (vi) details of guarantor(s), if any; (vii) details of custody of original title deeds; (viii) litigation, if any; (ix) willful defaulters, if any; (x) any valuation of collateral providing full details thereof; (xi) inspection report of collateral, if any; (xii) material findings in the due diligence report of Asset Reconstruction Company; (xiii) resolution plan formulated by Asset Reconstruction Company, if any; B. Details of percentage holding of non-performing loans across other banks. ] *************** NOTES:- 1 Inserted vide Notification No. SEBI/LAD-NRO/GN/2018/26 dated 26-06-2018