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          <h1>Issuers Must Dematerialize Non-Convertible Securities and Ensure Admission on All Depositories per SEBI Regulations 2021</h1> The issuer is required to arrange for the dematerialization of non-convertible securities by entering into an agreement with a depository, as per the Depositories Act, 1996 and related regulations. Additionally, the issuer must ensure that these securities are admitted on all depositories. This is in accordance with the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021.

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