https://www.taxtmi.com/circulars?id=58102 Electronic book mechanism is required for large private placements of debt securities to standardise issuance and improve transparency; recognized stock exchanges may act as Electronic Book Providers after SEBI approval and meeting eligibility conditions (online bidding portal, infrastructure, disaster recovery, data security, periodic CISA audit). Participants are categorised with specified KYC responsibilities, issuers must make prescribed PPM disclosures and contract with EBPs, and detailed pre-bid, bidding and post-bid procedures govern enrolment, bid submission, issuer acceptance, allotment and public disclosure of aggregate anonymous bidding and allotment data. en-us Thu, 21 Apr 2016 00:00:00 +0530 Fri, 07 Dec 2018 12:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58102 Electronic book mechanism is required for large private placements of debt securities to standardise issuance and improve transparency; recognized stock exchanges may act as Electronic Book Providers after SEBI approval and meeting eligibility conditions (online bidding portal, infrastructure, disaster recovery, data security, periodic CISA audit). Participants are categorised with specified KYC responsibilities, issuers must make prescribed PPM disclosures and contract with EBPs, and detailed pre-bid, bidding and post-bid procedures govern enrolment, bid submission, issuer acceptance, allotment and public disclosure of aggregate anonymous bidding and allotment data. Circulars SEBI Thu, 21 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58102