Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008 Chapter IV CONDITIONS FOR CONTINUOUS LISTING AND TRADING OF DEBT SECURITIES
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Continuous listing conditions require disclosure of rating revisions, defaults and trustee press releases to inform investors. Continuous listing conditions require issuers to comply with listing agreement terms; periodic review of credit ratings by registered rating agencies; prompt disclosure and dissemination of any rating revision to stock exchanges and investors as determined by the exchange. Issuers, debenture trustees and stock exchanges must place information and compliance reports on their websites. Debenture trustees must issue press releases and place information online upon issuer default on interest or redemption, failure to create a charge on assets, or revision of ratings.
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.
Continuous listing conditions require disclosure of rating revisions, defaults and trustee press releases to inform investors.
Continuous listing conditions require issuers to comply with listing agreement terms; periodic review of credit ratings by registered rating agencies; prompt disclosure and dissemination of any rating revision to stock exchanges and investors as determined by the exchange. Issuers, debenture trustees and stock exchanges must place information and compliance reports on their websites. Debenture trustees must issue press releases and place information online upon issuer default on interest or redemption, failure to create a charge on assets, or revision of ratings.
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