Submission of accounts for debt securities issued under the SEBI (Issue and Listing of Debt Securities by Municipalities) Regulations, 2015

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....nkers Dear Sir / Madam, Sub.: Submission of accounts for debt securities issued under the SEBI (Issue and Listing of Debt Securities by Municipalities) Regulations, 2015 1. Regulation 15 (1) (b) of the SEBI (Issue and Listing of Debt Securities by Municipalities) Regulations, 2015 (SEBI ILDM regulations) requires that an issuer making issue of debt securities under these regulations, on a....

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....e issue is made in the current financial year (FY) i.e. FY 2016-17, the accounts would be required to be submitted for the FY 2013-14, 2014-15 and 2015-16. In such a case, the municipalities would be able to submit the audited accounts only for the FY 2013-14 and 2014-15. However, for the FY 2015-16, the audited accounts would not be available before the month of June/July 2017. In view of the ....

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....rmation memorandum to the stock exchanges. b) For the immediately preceding FY i.e. FY 2016-17, the issuers shall submit the half yearly financial statements, as available (audited or unaudited) as on September 2016. However, the audited accounts for the said FY i.e 2016-17 shall be submitted within one year from the end of that FY (i.e. by March 31, 2018) to the recognized stock excha....