Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2022 - SEBI/LAD-NRO/GN/2022/79 - SEBI
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Security cover requirement updated: replaces asset cover, mandates secured non convertible debt and includes interest in coverage. Substitutes security cover for 'asset cover' and inserts the requirement that listed non convertible debt securities be secured, while clarifying that coverage applies to the principal amount and the interest thereon; corresponding textual changes are made in the related disclosure provision. The amendments take effect on publication in the Official Gazette.
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.
Security cover requirement updated: replaces asset cover, mandates secured non convertible debt and includes interest in coverage.
Substitutes security cover for "asset cover" and inserts the requirement that listed non convertible debt securities be secured, while clarifying that coverage applies to the principal amount and the interest thereon; corresponding textual changes are made in the related disclosure provision. The amendments take effect on publication in the Official Gazette.
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