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of <h1>Not for Profit Organizations Can Issue Zero Coupon Zero Principal Instruments per Regulation 292I, SEBI Regulations 2018.</h1> Zero Coupon Zero Principal Instruments can only be issued by Not for Profit Organizations registered on a Social Stock Exchange, according to Regulation 292I of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. These instruments must have a specific tenure and are issued without any coupon or principal amount payable at maturity. This provision was introduced through an amendment on July 25, 2022.
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