Securities and Exchange Board of India (Issue and Listing of Municipal Debt Securities) Regulations, 2015 Chapter V REQUIREMENTS FOR BOTH PUBLIC ISSUES AND PRIVATE PLACEMENT
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Electronic issuance of municipal debt securities permitted via online system, subject to compliance with Board-specified requirements. An issuer proposing to issue municipal debt securities may conduct the issuance through an online system and must comply with the requirements specified ... Summary
Electronic issuance of municipal debt securities permitted via online system, subject to compliance with Board-specified requirements.
An issuer proposing to issue municipal debt securities may conduct the issuance through an online system and must comply with the requirements specified by the Board; the regulation governs electronic issuance procedures for both public issues and private placements and supersedes the earlier asset-cover formulation in this clause.
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