Issue and Listing of Non-Convertible Redeemable Preference Shares: regulatory framework established governing issuance, listing and compliance requirements. SEBI, exercising powers under sub-section (1) of Section 30 of the SEBI Act, 1992, notified Regulations establishing a regulatory framework for the issue, conditions of issuance, and listing of non-convertible redeemable preference shares, prescribing compliance obligations and procedural requirements for market participants and stock exchange admission.