https://www.taxtmi.com/acts?id=33890 Listed entities issuing non convertible debt securities or non convertible redeemable preference shares must ensure timely payment of interest, dividend and redemption amounts and are barred from declaring or distributing dividends where there is default in payment of interest on debt securities, redemption payments, or in creation of security. Redemption selection must be on a pro rata basis or by lot unless the issue terms provide otherwise, and entities must follow prescribed transfer and transmission procedures for securities. en-us Mon, 24 Dec 2018 17:47:45 +0530 Tue, 13 Aug 2024 17:22:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33890 Listed entities issuing non convertible debt securities or non convertible redeemable preference shares must ensure timely payment of interest, dividend and redemption amounts and are barred from declaring or distributing dividends where there is default in payment of interest on debt securities, redemption payments, or in creation of security. Redemption selection must be on a pro rata basis or by lot unless the issue terms provide otherwise, and entities must follow prescribed transfer and transmission procedures for securities. Act-Rules SEBI Mon, 24 Dec 2018 17:47:45 +0530 https://www.taxtmi.com/acts?id=33890