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of <h1>SEBI Enforces Compliance: Issuer Companies Must List Debt Instruments on Both Depositories as per Section 11(1) Directive.</h1> The circular mandates that issuer companies must admit their debt instruments on both depositories, as per SEBI's previous directive from November 1, 2002. It has been noted that many issuers have not complied with this requirement. Stock exchanges and depositories are instructed to ensure issuer companies adhere to this mandate. This directive is issued under the authority of Section 11 (1) of the Securities and Exchange Board of India Act, 1992, aiming to protect investor interests and promote the development and regulation of the securities market.
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