Introducing the βIn Favour Ofβ filter in Case Laws.
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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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<h1>SEBI Regulation 66: Restrictions on Issuing Convertible Debt Instruments for Promoter Group Financing or Share Acquisition</h1> Regulation 66 of the Securities and Exchange Board of India (SEBI) outlines restrictions on the issuance of convertible debt instruments. An issuer is prohibited from issuing these instruments for the purpose of financing, providing loans, or acquiring shares of any person within the promoter group or group companies. However, issuers may issue fully convertible debt instruments for these purposes if the conversion period is less than eighteen months from the date of issuance.