Listing timeline standardization for privately placed securities mandates prompt listing and penal consequences for delay. Issuers must follow standardized timelines-closure at T, receipt of funds by T+2 trading day, and allotment with listing application by T+4 trading day-and depositories shall activate ISINs for privately placed debt securities only after stock exchange listing approval; new re issuances should be credited to a temporary frozen ISIN and moved to the existing ISIN upon listing approval.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Listing timeline standardization for privately placed securities mandates prompt listing and penal consequences for delay.
Issuers must follow standardized timelines-closure at T, receipt of funds by T+2 trading day, and allotment with listing application by T+4 trading day-and depositories shall activate ISINs for privately placed debt securities only after stock exchange listing approval; new re issuances should be credited to a temporary frozen ISIN and moved to the existing ISIN upon listing approval.
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