Home Acts & Rules SEBI Regulation Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021 Chapters List Chapter II GENERAL CONDITIONS AND ELIGIBILITY CRITERIA This
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Regulation 21 - Trading of Non-Convertible Securities - Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021Extract Trading of Non-Convertible Securities 21. (1) The trades in non-convertible securities listed on stock exchange(s) shall be cleared and settled through clearing corporation of stock exchange(s), subject to conditions as specified by the Board. (2) In case of trades of non-convertible securities which have been traded over the counter, such trades shall be reported on any one of the reporting platforms of a recognized stock exchange having a nation-wide trading terminal or such other platform as may be specified by the Board. (3) The Board may specify conditions for reporting of trades on the recognized stock exchange or such other platform as referred to in sub-regulation (2).
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