PROCEDURE FOR ACTION IN CASE OF VIOLATION OF REGULATIONSSecurities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008
PROCEDURE FOR ACTION IN CASE OF VIOLATION OF REGULATIONSSecurities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008
Consolidation and re-issuance of debt securities allowed subject to private placement, articles compatibility, fresh ratings and disclosures. An issuer may undertake consolidation and re-issuance of debt securities provided its articles of association do not contain provisions contrary to such ... Summary
Consolidation and re-issuance of debt securities allowed subject to private placement, articles compatibility, fresh ratings and disclosures.
An issuer may undertake consolidation and re-issuance of debt securities provided its articles of association do not contain provisions contrary to such consolidation and re-issuance, the issue is effected through private placement, fresh credit ratings are obtained and disclosed for each re-issuance, those ratings are periodically revalidated with changes disclosed, and appropriate disclosures about consolidation and re-issuance are made in the Term Sheet.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.