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    <title>Applicability</title>
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    <description>Regulation 62C applies the chapter&#039;s corporate governance provisions to entities with only listed non-convertible debt securities whose outstanding value is Rupees Five Thousand Crore and above, designating them as high value debt listed entities (HVDLE). If the outstanding value reaches the threshold during a financial year, the entity must comply within six months and may disclose compliance from the third quarter after the trigger. Applicability continues until outstanding debt as on March 31 remains below the threshold for three consecutive financial years, effective April 1, 2025.</description>
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