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    <title>Security Cover</title>
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    <description>Listed entities issuing secured non-convertible debt securities must maintain one hundred per cent security cover or higher as per the offer document, information memorandum or debenture trust deed, sufficient at all times to discharge principal and interest. Entities must disclose the extent and nature of such security in quarterly, half-yearly, year-to-date and annual financial statements and disclose the available security cover with financial results in the format specified by the Board.</description>
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