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        SEBI

        Regulation 22 - Face value of municipal debt securities

        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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        Face value disclosure of municipal debt securities mandated in offer documents or placement memoranda as specified by regulator. Face value of municipal debt securities must be disclosed in the offer document or placement memorandum in the manner specified by the Board, creating a binding disclosure obligation for issuers in both public issues and private placements under the SEBI (Issue and Listing of Municipal Debt Securities) Regulations, 2015.
                      Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                        Provisions expressly mentioned in the judgment/order text.

                            Face value disclosure of municipal debt securities mandated in offer documents or placement memoranda as specified by regulator.

                            Face value of municipal debt securities must be disclosed in the offer document or placement memorandum in the manner specified by the Board, creating a binding disclosure obligation for issuers in both public issues and private placements under the SEBI (Issue and Listing of Municipal Debt Securities) Regulations, 2015.


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