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of <h1>Issuers must submit draft offer documents for public debt securities to stock exchanges per Regulation 13.</h1> Regulation 13 of the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021, mandates that issuers of public debt securities or non-convertible redeemable preference shares submit a draft offer document to the stock exchange and forward a soft copy to SEBI, along with the regulatory fees outlined in Schedule VI. For non-convertible securities issued via private placement, the designated stock exchange is responsible for collecting the regulatory fee from the issuer at the time of listing, as specified in Schedule VI.
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