Conditions for listing of non-convertible redeemable preference shares issued on private placement basis

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..... ssued on private placement basis. 17. (1) An issuer may list its non-convertible redeemable preference shares issued on private placement basis on a recognized stock exchange subject to the following conditions: (a) the issuer has issued such non-convertible redeemable preference shares in compliance with the provisions of the Companies Act,1956, rules prescribed thereunder and other applicable la .....

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..... hange.] (2) The issuer shall comply with conditions of listing of such non-convertible redeemable preference shares as specified in the Listing Agreement with the stock exchange where such non-convertible redeemable preference shares are sought to be listed. ******** 1 Inserted by the SEBI (Payment of Fees) (Amendment) Regulations, 2014 w.e.f. 23-5-2014. - - statute, statutory provisions legisla .....

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