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Additional requirements for issue of convertible debt instruments

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Full Text of the Document

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....hese regulations, an issuer making an initial public offer of convertible debt instruments shall also comply with the following conditions: a) it has obtained credit rating from at least one credit rating agency; b) it has appointed at least one debenture trustees in accordance with the provisions of the Companies Act, 2013 and the Securities and Exchange Board of India (Debentur....

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