Chapter III - PUBLIC ISSUE AND LISTING OF DEBT SECURITIES AND NON CONVERTIBLE REDEEMABLE PREFERENCE SHARES
Part A - PROVISIONS APPLICABLE TO PUBLIC ISSUE AND LISTING OF DEBT SECURITIES AND NON CONVERTIBLE REDEEMABLE PREFERENCE SHARES (From Regulation 25 to Regulation 38)
Private placement disclosure requirements: issuers must include prescribed schedules and publish placement memoranda online for listed securities. Regulation 45 requires issuers in private placements of debt securities and non convertible redeemable preference shares to include Schedule I disclosures, Companies Act disclosures, and any Board specified additions in the placement memorandum; publish these disclosures on the stock exchange website in downloadable format; and ensure audited financial statements in the placement memorandum are no older than six months, with specified exceptions allowing unaudited stub period information with limited review for listed issuers and compliant subsidiaries, subject to disclosures and risk factor inclusion.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Private placement disclosure requirements: issuers must include prescribed schedules and publish placement memoranda online for listed securities.
Regulation 45 requires issuers in private placements of debt securities and non convertible redeemable preference shares to include Schedule I disclosures, Companies Act disclosures, and any Board specified additions in the placement memorandum; publish these disclosures on the stock exchange website in downloadable format; and ensure audited financial statements in the placement memorandum are no older than six months, with specified exceptions allowing unaudited stub period information with limited review for listed issuers and compliant subsidiaries, subject to disclosures and risk factor inclusion.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.