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    <title>Reduction in denomination for debt securities and non-convertible redeemable preference shares</title>
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    <description>SEBI amended Chapter V to reduce the face value and trading lot for non-convertible debt securities and non-convertible redeemable preference shares issued on private placement to One lakh, aiming to broaden investor participation and enhance market liquidity; the amendment applies to new ISINs on or after January 1, 2023, while issuers with a shelf placement memorandum valid on that date may opt to retain the prior higher denomination for tranche issuances by issuing an addendum.</description>
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