9911796707
TMI BlogSecurities And Exchange Board Of India (Issue And Listing Of Debt Securities) (Amendment) Regulations, 2015X X X X Extracts X X X X X X X X Extracts X X X X ..... rities) (Amendment) Regulations, 2015 LAD-NRO/GN/2014-15/539.- In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992) , the Board hereby makes the following Regulations to further amend the Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008, namely:- 1. These Regulations may be ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to maturity date is exercised in accordance with the terms of issue and detailed disclosure in this regard is made in the offer document including date from which such right is exercisable, period of exercise (which shall not be less than three working days), redemption amount (including the premium or discount at which such redemption shall take place); (b) The issuer or investor may exercise ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... circulation indicating the details of such right and eligibility of the holders who are entitled to avail such right ; (g) Issuer shall pay the redemption proceeds to the investors along with the interest due to the investors within fifteen days from the last day within which such right can be exercised; (h) Issuer shall pay interest at the rate of fifteen per cent. per annum for the period ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e issue is through private placement; (c) the issuer has obtained fresh credit rating for each re-issuance from at least one credit rating agency registered with the Board and is disclosed; (d) such ratings shall be revalidated on a periodic basis and the change, if any, shall be disclosed; (e) appropriate disclosures are made with regard to consolidation and re-issuance in the Term Sheet ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
