2026-07-29
Added · Updated
The Securities and Exchange Board of India issues a corrigendum to its notification dated July 1, 2026, to correct formatting errors in the English version of the Municipal Debt Securities Amendment Regulations. The corrections involve renumbering specific clauses within paragraph 3.XI, specifically in Schedule IB, paragraphs 9.a and 9.b, to align with the intended sequence. Additionally, the Hindi version of the document is amended to update the regulator's name, punctuation, and the numbering of sub-clauses to use Devanagari characters.
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5689 GI/2026 (1)
REGD. No. D. L.-33004/99 xxxGIDHxxx xxxGIDExxx EXTRAORDINARY
PART III—Section 4
PUBLISHED BY AUTHORITY
Securities and Exchange Board of India
GAZETTE OF INDIA
Mumbai, 23rd July, 2026
[Corrigendum to the Securities and Exchange Board of India (Issue and Listing of Municipal Debt Securities) (Amendment) Regulations, 2026] No. SEBI/LAD-NRO/GN/2026/314.— In the notification of the Securities and Exchange Board of India, No. SEBI/LAD-NRO/GN/2026/305 dated July 1, 2026 published in the Gazette of India, Extraordinary, Part III, Section 4, in the Hindi version—
The words “Securities and Exchange Board of India” appearing after paragraph 2 shall be read as figures, letters and words “3. Securities and Exchange Board of India”.
In paragraph 3 so amended—
I. In paragraph (V)(c)(ii), the punctuation mark “;” appearing at the end shall be read as “;”.
II. In paragraph (XI), in the newly inserted Schedule IB—
No. 470] NEW DELHI, SATURDAY, JULY 25, 2026/SHRAVAN 3, 1948 s 1947
CG-MH-E-29072026-274941
2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4]
(i) In paragraph (5)(d)(viii), the words and punctuation “, reason” appearing at the end shall be read as “. reason.”.
(ii) The final sub-clause “(d)” appearing in paragraph (7) shall be read as sub-clause “(c)”, and the following sub-clause shall be inserted before it—
“(d) It shall be specified what procedure shall be adopted for the allotment and issue of Municipal Debt Securities and when such allotment and issue shall be made.”.
(iii) The item numbers “(a)”, “(b)”, “(c)” and “(d)” appearing in paragraph (8)(I) shall be read as “(a)”, “(b)”, “(c)” and “(d)” respectively.
(iv) The item numbers “a.”, “b.”, “c.”, “d.”, “e.”, “f.” and “g.” appearing in paragraph (8)(IV) shall be read as “a.”, “b.”, “c.”, “d.”, “e.”, “f.” and “g.” respectively.
(v) The item numbers “a.”, “b.”, “c.”, “d.”, “e.”, “f.”, “g.” and “h.” appearing in paragraph (9) shall be read as “a.”, “b.”, “c.”, “d.”, “e.”, “f.”, “g.” and “h.” respectively.
(vi) The item numbers “a.” and “b.” appearing in paragraph (10) shall be read as “a.” and “b.” respectively.
(vii) The item numbers “a.”, “b.”, “c.”, “d.”, “e.” and “f.” appearing in paragraph (11) shall be read as “a.”, “b.”, “c.”, “d.”, “e.” and “f.” respectively.
(viii) The item numbers “(a)”, “(b)” and “(c)” appearing in paragraph (12) shall be read as “(a)”, “(b)” and “(c)” respectively.
(ix) The item numbers “(a)”, “(b)”, “(c)”, “(d)”, “(e)” and “(f)” appearing in paragraph (13) shall be read as “(a)”, “(b)”, “(c)”, “(d)”, “(e)” and “(f)” respectively.
BABITHA RAYUDU, Executive Director
[ADVT.-III/4/Exty./239/2026-27]
SECURITIES AND EXCHANGE BOARD OF INDIA
CORRIGENDUM
Mumbai, the 23rd July, 2026
SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE AND LISTING OF MUNICIPAL DEBT SECURITIES) (AMENDMENT) REGULATIONS, 2026
No. SEBI/LAD-NRO/GN/2026/314.— In the notification of the Securities and Exchange Board of India, No. SEBI/LAD-NRO/GN/2026/305 dated July 1, 2026 published in the Gazette of India, Extraordinary, Part III, Section 4, in the English version –
I. in paragraph 9.a,
(a) the numbering of clause (vi) shall be read as clause (i).
(b) the numbering of clause (vii) shall be read as clause (ii).
(c) the numbering of clause (viii) shall be read as clause (iii).
(d) the numbering of clause (ix) shall be read as clause (iv).
[PART III—SEC.4] GAZETTE OF INDIA : EXTRAORDINARY 3
(e) the numbering of clause (x) shall be read as clause (v).
II. in paragraph 9.b,
(a) the numbering of clause (iv) shall be read as clause (i).
(b) the numbering of clause (v) shall be read as clause (ii).
(c) the numbering of clause (vi) shall be read as clause (iii).
BABITHA RAYUDU, Executive Director
[ADVT.-III/4/Exty./239/2026-27]
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