Amendments to the SEBI (Disclosure and Investor Protection Guidelines), 2000.

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..... DIP (Compendium)Circular No. 4 September 6, 2000 TO ALL MERCHANT BANKERS/DEBENTURE TRUSTEES Amendments to the SEBI (Disclosure and Investor Protection Guidelines), 2000. The captioned Guidelines came into effect from January 27, 2000. The Guidelines for issue of debt instruments are contained in Chapter X thereof. SEBI had constituted .....

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..... to force with immediate effect. Please acknowledge receipt. Yours faithfully, O. P. GAHROTRA Sr. Executive Director ANNEXURE SECTION A 1. In title of Clause 10.6 words Disclosure and before the words Creation of Charge shall be added. 2. Before the existing clause 10.6.1, a new clause shall be added :- .....

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..... h valuation shall also be disclosed. The security / asset cover shall be arrived at after reduction of the liabilities having a first / prior charge, in case the debentures are secured by a second or subsequent charge. 4. The existing clause 10.6.1 shall be numbered as 10.6.3. 5. After existing clause 10.6.3, a new sub-clause 10.6.4 shall be added : 10.6.4 - The issue .....

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