Securities and Exchange Board of India (Issue and Listing of Municipal Debt Securities) Regulations, 2015 Chapter VI CONDITIONS FOR CONTINUOUS LISTING AND TRADING OF MUNICIPAL DEBT SECURITIES
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Continuous listing conditions for municipal debt securities require disclosure compliance, independent directors, rating updates and public website dissemination. Continuous listing of municipal debt securities requires compliance with Schedule V listing conditions, continuous disclosure requirements and other Board ... Summary
Continuous listing conditions for municipal debt securities require disclosure compliance, independent directors, rating updates and public website dissemination.
Continuous listing of municipal debt securities requires compliance with Schedule V listing conditions, continuous disclosure requirements and other Board directions. A body corporate issuer under the Companies Act, 2013 must have one-third independent directors. Rating changes must be promptly disseminated, and issuers, debenture trustees and stock exchanges must publish information and compliance reports on their websites for investors and the public.
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