https://www.taxtmi.com/circulars?id=67819 Reduction of the listing timeline for public issues of debt securities and non-convertible redeemable preference shares to T+3 working days (optionally for one year, then mandatory) to accelerate issuer access to funds and investor liquidity. During the voluntary year, the refund/unblocking and interest obligations under regulation 37(2) will apply only after T+6 if the issuer fails to meet the chosen T+3 timeline. The T+3 timeline must be disclosed in offer documents and stock exchanges will monitor compliance; an Annexure prescribes the timebound operational steps to achieve listing within the T+3 schedule. en-us Thu, 26 Sep 2024 00:00:00 +0530 Thu, 26 Sep 2024 18:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67819 Reduction of the listing timeline for public issues of debt securities and non-convertible redeemable preference shares to T+3 working days (optionally for one year, then mandatory) to accelerate issuer access to funds and investor liquidity. During the voluntary year, the refund/unblocking and interest obligations under regulation 37(2) will apply only after T+6 if the issuer fails to meet the chosen T+3 timeline. The T+3 timeline must be disclosed in offer documents and stock exchanges will monitor compliance; an Annexure prescribes the timebound operational steps to achieve listing within the T+3 schedule. Circulars SEBI Thu, 26 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67819