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<h1>Issuers Must Comply with SEBI Regulation 20B on ISIN for Private Placement of Debt Securities Since June 2017</h1> Regulation 20B under the Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008, mandates that any issuer offering debt securities through private placement must adhere to the conditions specified by the Board concerning the issuance of an International Securities Identification Number (ISIN). This provision was introduced by an amendment in 2017, effective from June 13, 2017.