Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) (Amendment) Regulations, 2023 - SEBI/LAD-NRO/GN/2023/119 - SEBI
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Green debt security definitions expanded to specify eligible uses and issuance, governance, and subscription requirements. Amendments expand the definition of Green debt security to list eligible use categories; require issuers to send recall or redemption notices at least twenty-one days before exercisability to eligible holders and debenture trustees with specified delivery methods and stock-exchange dissemination; mandate trust deed and Articles of Association provisions to appoint debenture trustee nominees as directors with timelines for amendment and appointment for listed issuers and issuers in default; prescribe a three-to-ten working day subscription period with extension rules; and require stock exchanges to collect regulatory fees and substitute the draft offer document fee schedule.
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.
Green debt security definitions expanded to specify eligible uses and issuance, governance, and subscription requirements.
Amendments expand the definition of Green debt security to list eligible use categories; require issuers to send recall or redemption notices at least twenty-one days before exercisability to eligible holders and debenture trustees with specified delivery methods and stock-exchange dissemination; mandate trust deed and Articles of Association provisions to appoint debenture trustee nominees as directors with timelines for amendment and appointment for listed issuers and issuers in default; prescribe a three-to-ten working day subscription period with extension rules; and require stock exchanges to collect regulatory fees and substitute the draft offer document fee schedule.
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