Fund raising by large corporates: compliance period extended and stock exchanges directed to amend rules and notify market. The contiguous block over which large corporates must meet the mandatory requirement to raise a minimum portion of their incremental borrowings through issuance of debt securities, reckoned from Financial Year 2021-22, is extended from two years to three years; relevant provisions of Chapter XII (paras 2.2(c) and 2.2(d)) of the NCS Operational Circular are modified. Stock exchanges are directed to notify brokers, publish the circular, amend bye laws, rules and regulations in coordination, and communicate such amendments to the regulator for uniform implementation.