Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) (Third Amendment) Regulations, 2024. - SEBI/LAD-NRO/GN/2024/217 - SEBI
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ESG Debt Securities framework expanded; issuance and listing now subject to Board-specified conditions and enhanced trustee disclosure. The amendment establishes a defined ESG Debt Securities category and requires that issuers seeking to issue and list such securities comply with conditions to be specified by the Board. It omits regulation 26 and revises Schedule I to mandate disclosure of the debenture trustee's name, consent statement and the agreement executed with the issuer, made accessible via web-link or static QR code; a consenting letter may be disclosed for general information documents or shelf prospectuses, but key information documents and tranche prospectuses must include the agreement.
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.
ESG Debt Securities framework expanded; issuance and listing now subject to Board-specified conditions and enhanced trustee disclosure.
The amendment establishes a defined ESG Debt Securities category and requires that issuers seeking to issue and list such securities comply with conditions to be specified by the Board. It omits regulation 26 and revises Schedule I to mandate disclosure of the debenture trustee's name, consent statement and the agreement executed with the issuer, made accessible via web-link or static QR code; a consenting letter may be disclosed for general information documents or shelf prospectuses, but key information documents and tranche prospectuses must include the agreement.
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