Disclosure of Information on Issuers Not Cooperating (INC) with CRAs

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..... Regulations, 1999 ("CRA Regulations") inter-alia require every CRA to carry out periodic reviews of all published ratings during the lifetime of the securities, unless the rating is withdrawn. However, in case a client does not cooperate with the CRA, the CRA is required to carry out the review on the basis of best available information or in the manner specified by SEBI. Further, in such cases, C .....

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..... f categorization of issuer as non-cooperative Link to the webpage hosting the issuer's press releases C. The above disclosure shall be updated on a daily basis. III. Applicability: The circular shall be applicable with effect from July 15, 2023, and CRAs shall report on their compliance with this circular (as ratified by their respective board of directors) to SEBI within one quarter from th .....

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