Regulatory Alerts2025-10-28
Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021
The Securities and Exchange Board of India issued these regulations to govern the issuance and listing of non-convertible securities, including debt securities and non-convertible redeemable preference shares. The framework establishes eligibility criteria for issuers, mandates in-principle approval from stock exchanges, and requires the appointment of key intermediaries such as debenture trustees and credit rating agencies. It further specifies compliance requirements for public issues, private placements, and the issuance of Environment, Social and Governance Debt Securities.
Share