Disclosure of Information on Issuers Not Cooperating (INC) with CRAs
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....(INC) with CRAs I. SEBI (Credit Rating Agencies) Regulations, 1999 ("CRA Regulations") inter-alia require every CRA to carry out periodic reviews of all published ratings during the lifetime of the securities, unless the rating is withdrawn. However, in case a client does not cooperate with the CRA, the CRA is required to carry out the review on the basis of best available information or in the....
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....sclosed in the following format: S. No. Name of Non-cooperative issuer Date of categorization of issuer as non-cooperative Link to the webpage hosting the issuer's press releases C. The above disclosure shall be updated on a daily basis. III. Applicability: The circular shall be applicable with effect from July 15, 2023, and CRAs shal....
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