Debt securities disclosure: require cash flow illustration and standardized coupon/redemption payment mechanics for issuers. Issuers must include an illustration of debt security cash flows in the Prospectus/Disclosure Document and apply the Actual/Actual day count convention; coupon dates falling on a Sunday or holiday will be paid on the next working day while maturity dates on a Sunday or holiday will be paid on the previous working day. Allotments for public issues shall be made on the basis of the date of upload into the exchange's electronic book, with proportionate allotment on oversubscription. Listed issuers may disclose unaudited financials with a limited review for the stub period, and must publish debenture trustee contact details in annual reports and on websites.
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Provisions expressly mentioned in the judgment/order text.
Debt securities disclosure: require cash flow illustration and standardized coupon/redemption payment mechanics for issuers.
Issuers must include an illustration of debt security cash flows in the Prospectus/Disclosure Document and apply the Actual/Actual day count convention; coupon dates falling on a Sunday or holiday will be paid on the next working day while maturity dates on a Sunday or holiday will be paid on the previous working day. Allotments for public issues shall be made on the basis of the date of upload into the exchange's electronic book, with proportionate allotment on oversubscription. Listed issuers may disclose unaudited financials with a limited review for the stub period, and must publish debenture trustee contact details in annual reports and on websites.
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