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Format for Statement indicating Deviation or Variation in the use of proceeds of issue of listed non-convertible debt securities or listed non-convertible redeemable preference shares (NCRPs)

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.... All Recognized Stock Exchanges Madam/Sir, Sub: Format for Statement indicating Deviation or Variation in the use of proceeds of issue of listed non-convertible debt securities or listed non-convertible redeemable preference shares (NCRPs) 1. As per Regulations 52(7) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI LODR Regulations'), a listed entit....

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....Ps, shall submit the statement indicating deviation or variation, if any, in the format placed at Annexure-A of this circular on half yearly basis. 4. The salient features of the format are as under: a. Applicability: The format for the statement indicating deviation or variation shall be applicable for funds raised by entities through issuance of non-convertible debt securities or NCR....

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....13, the word 'Audit Committee' shall be replaced with 'Board of Directors'. 5. The first such submission shall be made by the listed entities for the half year ended March 31, 2020; subsequent submissions shall be made on half yearly basis as explained above. 6. The Stock Exchanges are advised to bring the provisions of this circular to the notice of all the listed entities and to disseminat....

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....‹à¤°à¥à¤¡ Securities and Exchange Board of India Statement of Deviation or Variation Name of listed entity Mode of Fund Raising Type of instrument Date of Raising Funds Amount Raised Report filed for half year ended Is there a Deviation / Variation in use of funds raised ? Public Issues / Private Placement Non-Convertible Debentures/Non- Conver....