OBLIGATIONS OF LISTED ENTITY WHICH HAS LISTED ITS SECURITY RECEIPTS - Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
OBLIGATIONS OF LISTED ENTITY WHICH HAS LISTED ITS SECURITY RECEIPTS - Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Chapter VA CORPORATE GOVERNANCE NORMS FOR A LISTED ENTITY WHICH HAS LISTED ITS NONCONVERTIBLE DEBT SECURITIES
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High value debt listed entities with Rs. 5,000 crore-plus outstanding non-convertible debt must meet chapter corporate governance norms within six months. Regulation 62C applies the chapter's corporate governance provisions to entities with only listed non-convertible debt securities whose outstanding value ... Summary
High value debt listed entities with Rs. 5,000 crore-plus outstanding non-convertible debt must meet chapter corporate governance norms within six months.
Regulation 62C applies the chapter's corporate governance provisions to entities with only listed non-convertible debt securities whose outstanding value is Rupees Five Thousand Crore and above, designating them as high value debt listed entities (HVDLE). If the outstanding value reaches the threshold during a financial year, the entity must comply within six months and may disclose compliance from the third quarter after the trigger. Applicability continues until outstanding debt as on March 31 remains below the threshold for three consecutive financial years, effective April 1, 2025.
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