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<h1>Issuers Must Comply with SEBI Regulation 12 for Online Issuance of Non-Convertible Securities via Stock Exchanges</h1> Regulation 12 of the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021, mandates that any issuer intending to issue non-convertible securities via the online systems of stock exchanges and depositories must adhere to the specific requirements set forth by the Board. These requirements are essential for compliance with the electronic issuance process, ensuring that issuers meet the necessary criteria established by the regulatory authority.