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<h1>Issuance of NCDs with warrants: QIBs may subscribe combined or separately; listing of warrants requires rule relaxation.</h1> Amendments permit issuance of Non Convertible Debentures with warrants under Qualified Institutions Placement: QIBs may subscribe to the combined offering or to either instrument where separate books are run. A company must obtain a listing rule relaxation for listing/trading of the warrants. The change is effected by inserting a clause allowing subscription to combined or individual instruments and by amending the Chapter's opening text to include NCDs with warrants; the amendments took immediate effect and require merchant banker compliance.