Disclosures to be made by NBFCs in the Offer Documents for public issue of Debt Securities under the SEBI (Issue and Listing of Debt Securities) Regulations, 2008.

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....escribed additional disclosures to be provided for public issue of debt securities by NBFCs. 2. Based on the feedback from market participants on disclosures in offer document by NBFCs, after due deliberations, it has been decided to align the disclosures made in the offer documents to be in line with the stipulations as required by the Reserve Bank of India (RBI). 3. In line with the above, the following modifications are being made to the additional disclosures to be provided for public issue of debt securities by NBFCs, as mentioned in SEBI circular CIR/IMD/DF/12/2014 dated June 17, 2014 a) Point 4 (I)(d) (iv) of the Circular shall be modified as follows: Aggregated exposure to the top 20 borrowers with respect to....

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....ve;-vis unsecured borrowings made by NBFCs. iii. Any change in promoter's holdings in NBFCs during the last financial year beyond a particular threshold. At present, RBI has prescribed such a threshold level at 26%. The same threshold shall be applicable or as may be prescribed by RBI from time to time. 6. NBFCs may provide disclosures on the basis of the draft template, as far as possible, as provided in Annexure I of this Circular. 7. The provisions of this circular shall be applicable for the draft offer document for issuance of debt securities, issued by NBFCs, filed with the designated stock exchange on or after November 01, 2015. 8. This circular is issued in exercise of powers conferred under Section 11(1) of the Securiti....

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....hers     Total     c. Denomination of loans outstanding by ticket size*: S. No Ticket size ** Percentage of AUM 1 Upto Rs. 2 lakh   2 Rs. 2-5 lakh   3 Rs. 5-10 lakh   4 Rs. 10-25 lakh   5 Rs. 25-50 lakh   6 Rs. 50 lakh-1 crore   7 Rs. 1-5 crore   8 Rs. 5-25 crore   9 Rs. 25-100 crore   10 >Rs. 100 crore     Total   * Information required at the borrower level (and not by loan account as a customer may have multiple loan accounts) ** Ticket size at the time of origination d. Denomination of loans outstanding by LTV*: S. No L....

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....nbsp; 2 Wholesale   a  - Infrastructure   b - Real estate (including builder loans)   c  - Promoter funding   d - Any other sector (as applicable)   e  - Others   Total     2. Residual maturity profile of assets and liabilities (in line with the RBI format):   Up to 30/31 days >1 month - 2 months >2 months - 3 months >3 month s - 6 month s >6 months - 1 year >1 years - 3 years >3 years - 5 years >5 years Total Deposit                   Advances     &n....