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Master Circular consolidates debt securities issuance & listing norms. Supersedes previous circulars. Compliance mandatory for recognized entities.

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....Master Circular consolidates provisions for issue and listing of non-convertible securities, securitized debt instruments, security receipts, municipal debt securities, and commercial paper. Supersedes previous circulars, with actions taken under rescinded circulars deemed valid. Mandates recognized entities to disseminate, comply, implement systems, amend bylaws, and create awareness. Issued under SEBI Act, NCS Regulations, ILDM Regulations, and SDI Regulations. Effective immediately.....

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