Municipal debt securities disclosure requirements for special purpose vehicles include issuer details, project terms, financials, legal information and risks. Disclosure requirements are prescribed for a special purpose vehicle set up to raise funds for a person performing functions entrusted under Article 243W of the Constitution of India, in connection with a public issue or private placement of municipal debt securities intended for listing. The schedule requires disclosures in the relevant offer document or placement memorandum to be current, sourced, plain in language, cross-referenced, consistent, and free from unsupported forward-looking statements. It covers issuer details, project objects, tax benefits, issue-specific terms, financial information, legal and other information, undertakings, document submissions, and risk factors.