Mandatory listing of non-convertible redeemable preference shares requires application, compliance with listing conditions, and timely disclosures for placements. Regulation 16 requires issuers making a public offer of non-convertible redeemable preference shares to apply for listing on recognized stock exchanges and to comply with the Listing Agreement's conditions. If such shares are issued by private placement with an intention to seek listing, the issuer must forward the listing application and the Schedule I disclosures to the recognized stock exchange within the post-allotment period.