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Terms of non convertible debt securities and non convertible redeemable preference shares.

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Full Text of the Document

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....reference shares 61. (1) The listed entity shall ensure timely payment of interest or dividend of ^1[non-convertible debt securities and/or] non-convertible redeemable preference shares or redemption payment: Provided that the listed entity shall not declare or distribute any dividend wherein it has defaulted in payment of interest on debt securities or redemption thereof or in creation of s....