CONDITIONS FOR CONTINUOUS LISTING AND TRADING OF DEBT SECURITIES - Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008
CONDITIONS FOR CONTINUOUS LISTING AND TRADING OF DEBT SECURITIES - Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008
Allotment timing requirement enforces prompt allotment and refunds; default attracts statutory interest and prompt demat credit. Issuers of publicly offered debt securities must complete allotment within thirty days of issue closure; failure to allot or refund within that period ... Summary
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Allotment timing requirement enforces prompt allotment and refunds; default attracts statutory interest and prompt demat credit.
Issuers of publicly offered debt securities must complete allotment within thirty days of issue closure; failure to allot or refund within that period attracts an obligation to pay interest at the prescribed rate. After allotment, securities must be credited to allottees' demat accounts within two working days.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.