Master Circular for issue and listing of Non-convertible Securities, Securitised Debt Instruments, Security Receipts, Municipal Debt Securities and Commercial Paper (Updated as on July 07, 2023)

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..... To, Issuers who have listed and/ or propose to list Non-convertible Securities, Securitised Debt Instruments, Security Receipts, Municipal Debt Securities or Commercial Paper 1 ; Recognised Stock Exchanges; Registered Depositories; Registered Credit Rating Agencies, Debenture Trustees, Depository Participants, Stock Brokers, Merchant Bankers, Registrars to an Issue and Share Transfe .....

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..... s, 2013 (hereinafter referred to as the SEBI NCRPS Regulations, 2013). 2. Since the notification of the SEBI ILDS Regulations, 2008 and the SEBI NCRPS Regulations, 2013 and subsequent notification of SEBI NCS Regulations, 2021, SEBI has issued multiple circulars covering procedural and operational aspects thereof. 3. For effective regulation of the corporate bond market and to enable .....

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..... urity Receipts) Regulations, 2008 (hereinafter referred to as the SEBI SDI Regulations, 2008) and SEBI (Issue and Listing of Municipal Debt Securities) Regulations, 2015 (hereinafter referred to as the SEBI ILDM Regulations, 2015). This has been accordingly indicated in the chapters. 6. Notwithstanding the supersession as mentioned in Clause 3 of this circular 3 , - 6.1. anything .....

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..... of this circular; 7.4. make consequential changes, if any, to their respective bye-laws, rules and regulations and bidding portal; and 7.5. Communicate and create awareness amongst stakeholders. 7.6. Monitor the compliance of this circular by issuer companies, as applicable 5 8. This Circular is issued in exercise of powers conferred under: 8.1. Section 11(1) of .....

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..... as Operational Circular ; renamed as Master Circular from July 07, 2023 3 Inserted on July 07, 2023 4 Inserted on July 07, 2023 5 Inserted on July 07, 2023 6 Phrase unless specifically mentioned otherwise in this circular inserted on July 07, 2023 - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - .....

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