Chapter III - PUBLIC ISSUE AND LISTING OF DEBT SECURITIES AND NON CONVERTIBLE REDEEMABLE PREFERENCE SHARES
Part A - PROVISIONS APPLICABLE TO PUBLIC ISSUE AND LISTING OF DEBT SECURITIES AND NON CONVERTIBLE REDEEMABLE PREFERENCE SHARES (From Regulation 25 to Regulation 38)
Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021 Chapter II GENERAL CONDITIONS AND ELIGIBILITY CRITERIA
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Dematerialization requirement: issuers must arrange depository admission so non-convertible securities are dematerialized and admitted across depositories. Issuers must enter into an arrangement with a depository to dematerialize non-convertible securities and take steps to ensure those securities are admitted on all depositories, imposing an issuer obligation to conclude agreements and implement dematerialization and admission measures under applicable depository law and regulations.
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.
Dematerialization requirement: issuers must arrange depository admission so non-convertible securities are dematerialized and admitted across depositories.
Issuers must enter into an arrangement with a depository to dematerialize non-convertible securities and take steps to ensure those securities are admitted on all depositories, imposing an issuer obligation to conclude agreements and implement dematerialization and admission measures under applicable depository law and regulations.
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