ISSUANCE AND LISTING OF NON-CONVERTIBLE SECURITIES ISSUED ON A PRIVATE PLACEMENT BASIS - Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021
ISSUANCE AND LISTING OF NON-CONVERTIBLE SECURITIES ISSUED ON A PRIVATE PLACEMENT BASIS - Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021
Power to issue orders on issuance of non-convertible securities enables Board to set issuance, trading and listing conditions. The Board may by general or special order or circular specify conditions or requirements for issue of non-convertible securities, including electronic ... Summary
Power to issue orders on issuance of non-convertible securities enables Board to set issuance, trading and listing conditions.
The Board may by general or special order or circular specify conditions or requirements for issue of non-convertible securities, including electronic issuances and issue procedures (price discovery), conditions governing trading, reporting, clearing and settlement of trades, and listing conditions. A proposed special order directed at a particular issuer or intermediary cannot be issued unless the affected person is given an opportunity to represent.
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