ISIN restriction relaxation: converted grandfathered unlisted ISINs excluded from issuer ISIN maturity limits to encourage listing. Issuers converting unlisted ISINs outstanding as on December 31, 2023 into listed ISINs pursuant to Regulation 62A will have those converted ISINs excluded from the maximum number of ISINs permitted to mature in a financial year under Chapter VIII of the NCS Master Circular, with clause 4A inserted to implement this exclusion to encourage listing of grandfathered unlisted ISINs.
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.
ISIN restriction relaxation: converted grandfathered unlisted ISINs excluded from issuer ISIN maturity limits to encourage listing.
Issuers converting unlisted ISINs outstanding as on December 31, 2023 into listed ISINs pursuant to Regulation 62A will have those converted ISINs excluded from the maximum number of ISINs permitted to mature in a financial year under Chapter VIII of the NCS Master Circular, with clause 4A inserted to implement this exclusion to encourage listing of grandfathered unlisted ISINs.
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