https://www.taxtmi.com/circulars?id=67612 Issuers may offer debt securities and non-convertible redeemable preference shares on private placement at a face value of Rs. Ten Thousand if they appoint at least one Merchant Banker, issue interest/dividend-bearing instruments with fixed maturity and no structured obligations, and, where applicable, employ permitted credit enhancements. Credit Rating Agencies must verify that support is unconditional, irrevocable and legally enforceable and that the support provider has a lower probability of default than the issuer. Trading lots shall equal face value and the amendments apply to private placement issues proposed to be listed from the circular's issuance. en-us Wed, 03 Jul 2024 00:00:00 +0530 Wed, 03 Jul 2024 18:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67612 Issuers may offer debt securities and non-convertible redeemable preference shares on private placement at a face value of Rs. Ten Thousand if they appoint at least one Merchant Banker, issue interest/dividend-bearing instruments with fixed maturity and no structured obligations, and, where applicable, employ permitted credit enhancements. Credit Rating Agencies must verify that support is unconditional, irrevocable and legally enforceable and that the support provider has a lower probability of default than the issuer. Trading lots shall equal face value and the amendments apply to private placement issues proposed to be listed from the circular's issuance. Circulars SEBI Wed, 03 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67612