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            Placement Memorandum Defined Under Regulation 2(r) of SEBI 2015 for Private Placement of Municipal Debt Securities.

            A Placement Memorandum, as defined by regulation 2(r) of the Securities and Exchange Board of India (Issue and Listing of Municipal Debt Securities) Regulations, 2015, refers to any document, including electronic versions, that is sequentially numbered and distributed exclusively to select investors concerning an issue made on a private placement basis.

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