Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>SEBI Mandates Electronic Book Mechanism for Debt Securities Private Placements Over Rs. 500 Crores; Effective July 1, 2016.</h1> The circular issued by SEBI outlines the framework for the electronic book mechanism for issuing debt securities on a private placement basis, effective from July 1, 2016. It mandates the use of this mechanism for private placements with an issue size of Rs. 500 crores and above, while allowing optional use for smaller issues or those with a single investor. Recognized stock exchanges will serve as Electronic Book Providers (EBPs) after SEBI approval, ensuring data integrity and security. The circular details the roles of issuers, arrangers, and participants, and establishes procedures for pre-bid, bidding, and post-bidding processes.