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<h1>SEBI Extends Compliance Period for Large Corporates to Raise 25% Borrowings via Debt Securities to Three Years.</h1> The Securities and Exchange Board of India (SEBI) has extended the compliance period for large corporates to meet the requirement of raising at least 25% of their incremental borrowings through debt securities. Initially set over a two-year period starting from the financial year 2021-22, this requirement will now be spread over a three-year period. Stock exchanges are instructed to update their rules and inform brokers accordingly. This decision aims to protect investors and regulate the securities market. The circular modifies specific provisions of the NCS Operational Circular and is issued under SEBI's regulatory powers.