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of <h1>Issuers must notify and get approval from holders for debt security roll-over; 15-day notice required.</h1> The issuer of debt securities must redeem them according to the offer document. If intending to roll-over securities with a specific ISIN, the issuer must provide a 15-day notice and obtain approval from holders representing at least three-fourths in value through postal ballot or e-voting. The notice must include the rationale and a credit rating from the past six months. The issuer must file the notice with stock exchanges for public dissemination. The existing trust deed may continue or be amended. Adequate security must be maintained, and securities of holders not consenting to the roll-over must be redeemed.
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