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of <h1>Issuers Must Allot Debt Securities Timely or Pay 15% Interest to Investors Under SEBI Regulation 35, 2021.</h1> Regulation 35 of the Securities and Exchange Board of India (SEBI) Regulations, 2021 mandates that issuers must allot debt securities and non-convertible redeemable preference shares to the public within a specified timeline. If the securities are not allotted or application monies are not unblocked within this period, the issuer is required to pay interest at a rate of fifteen percent per annum to the investors. This provision ensures timely allotment and accountability in public issues of securities.
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