Listing conditions for non-convertible redeemable preference shares require credit rating, dematerialisation, disclosures and minimum application compliance. Non-convertible redeemable preference shares issued by private placement may be listed only if the issuer complied with applicable company and other laws at issuance, obtained at least one credit rating from a Board-registered agency (with disclosure of all ratings if multiple), ensured dematerialisation, made required disclosures, satisfied a prescribed minimum application threshold per investor, and complied with related issue regulation requirements; the issuer must also follow the Listing Agreement conditions of the designated stock exchange.