https://www.taxtmi.com/circulars?id=61309 Unlisted companies may publicly issue and list NCDS or DSCE without prior equity listing if they obtain an investment-grade credit rating, secure a prescribed promoters' equity contribution (with staged funding for very large contributions) and a lock-in, agree to continuing disclosure obligations under the listing agreement, obtain special resolution consent of security holders for material changes, ensure no partly paid securities at draft filing, and comply with IPO guidelines when issuing equity or convertible securities during or after the debt tenor. Price band limits and book building may be used for coupon and conversion price determination. en-us Fri, 11 Jan 2002 00:00:00 +0530 Mon, 03 Jun 2019 16:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61309 Unlisted companies may publicly issue and list NCDS or DSCE without prior equity listing if they obtain an investment-grade credit rating, secure a prescribed promoters' equity contribution (with staged funding for very large contributions) and a lock-in, agree to continuing disclosure obligations under the listing agreement, obtain special resolution consent of security holders for material changes, ensure no partly paid securities at draft filing, and comply with IPO guidelines when issuing equity or convertible securities during or after the debt tenor. Price band limits and book building may be used for coupon and conversion price determination. Circulars SEBI Fri, 11 Jan 2002 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61309