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TMI BlogSecurities And Exchange Board of India (Issue And Listing of Debt Securities) (Amendment) Regulations, 2014.X X X X Extracts X X X X X X X X Extracts X X X X ..... lations, 2008, namely:- 1. These regulations may be called the Securities and Exchange Board of India (Issue and Listing of Debt Securities) (Amendment) Regulations, 2014. 2. They shall come into force on the date of their publication in the Official Gazette. 3. In the Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008 - (1) in regulation 2, in sub-regulation (1), (i) after clause (g), the following clause shall be inserted, namely, (ga) net worth shall have the same meaning as assigned to it in clause (57) of section 2 of the Companies Act, 2013; ; (ii) in clause (j), the word prospectus , shall be substituted with the words a prospectus or a shelf prospectus ; (ii ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lent by a credit rating agency registered with the Board; iv. no regulatory action is pending against the company or its promoters or directors before the Board, Reserve Bank of India or National Housing Bank; v. the issuer has not defaulted in the repayment of deposits or interest payable thereon, redemption of debentures or preference shares or payment of dividend to any shareholder, or repayment of any term loan or interest payable thereon to any public financial institution or banking company, in the last three financial years. or e. Listed entities complying with the following criteria: i. whose public issued equity shares or debt securities are listed on recognized stock exchange for a period of at least three years imm ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... material updations including revision in ratings, if any along with the rating rationale and financial ratios specified in Schedule I, indicating the pre and post issue change. (4) Not more than four issuances shall be made through a single shelf prospectus. U. K. SINHA, Chairman [ADVT./III/4/Exty./69 ZB/2013] Footnotes : 1. The Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008, the principal regulations were published in the Gazette of India on 6th June, 2008 vide No. LAD-NRO/GN/2008/13/127878. 2. These regulations were subsequently amended on October 12th, 2012 by SEBI (Issue and Listing of Debt Securities)(Amendment)Regulations, 2012 vide LAD-NRO/GN/2012-13/19/5392. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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