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    <title>Issuance of Environment, Social and Governance Debt Securities</title>
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    <description>Environment, Social and Governance Debt Securities may be issued and listed only by an issuer that complies with the conditions specified for such securities under the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021, together with the circulars issued under those regulations. The provision links ESG debt issuance under the municipal debt securities framework to the applicable non-convertible securities regime.</description>
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