Definitions of debt securities and private placement clarify scope and issuance conditions under SEBI debt securities regulations. Definitions establish regulatory scope: debt securities as non-convertible instruments including debentures, bonds and securities of corporates and ... Summary
Definitions of debt securities and private placement clarify scope and issuance conditions under SEBI debt securities regulations.
Definitions establish regulatory scope: debt securities as non-convertible instruments including debentures, bonds and securities of corporates and REITs/InvITs, excluding government bonds, security receipts and securitized instruments. Issuer covers companies, PSUs, statutory corporations and registered REITs/InvITs. Key terms defined include designated stock exchange, book building, offer document (prospectus or shelf prospectus) and private placement as an offer to a select group under Companies Act conditions. Net worth and wilful defaulter adopt statutory and RBI-related meanings.
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