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        SEBI

        The Securities and Exchange Board of India (SEBI) issued a...

        SEBI relaxes ISIN limit for listing unlisted bonds post Dec 2023 to promote transparency.

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                          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.
                                The Securities and Exchange Board of India (SEBI) issued a circular providing relaxation from the International Securities Identification Number (ISIN) restriction limit for issuers desirous of listing originally unlisted ISINs outstanding as on December 31, 2023. Unlisted ISINs outstanding as on December 31, 2023, which are converted to listed ISINs pursuant to Regulation 62A(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, shall be excluded from the maximum limit of ISINs to mature in a financial year specified in the Master Circular for issue and listing of Non-convertible Securities. This relaxation aims to encourage issuers to list their grandfathered outstanding unlisted ISINs.
                                Note: It is a system-generated summary and is for quick reference only.
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