Amendments to the SEBI (Disclosure and Investor Protection) Guidelines, 2000

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....ments that have been made in the Guidelines are enclosed. Further, the existing clause 8.2.2.1 stands deleted as the same appears as clause 8.21.2 of the guidelines. These amendments shall come into force from the date of the circular. Yours faithfully,  R.M. JOSHI Executive Director AMENDMENT TO SEBI (DISCLOSURE AND INVESTOR PROTECTION ) GUIDELINES, 2000 CHAPTER VIII - OTHER ISSUE REQUIREMENTS 1. The existing clause 8.2 shall be substituted by the following : "8.2 Public issue and listing of non-convertible debt securities (hereinafter referred to as NCDS) and Debt Securities convertible into equity after allotment (hereinafter referred to as DSCE). • An unlisted company making a public issue of....

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....ers of the NCDS through special resolution to be passed at the general meeting of the NCDS holders for change in terms of issue, change in capital structure and change in shareholding pattern.   • There shall be no partly paid up shares/other securities at the time of filing of draft offer document with the Board.   • The issuer company may come out with a public issue of equity/security convertible into equity after allotment during the currency of the NCDS or thereafter, only after complying with the guidelines applicable for an initial public offering of such securities.   • The equity held by the promoters or others at the time of issue of NCDS may be listed only when an ....