Modification in the timeline for submission of status regarding payment obligations to the stock exchanges by entities that have listed commercial paper

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....er; Recognised Stock Exchanges; Madam/ Sir, Subject: Modification in the timeline for submission of status regarding payment obligations to the stock exchanges by entities that have listed commercial paper (Modification to Chapter XVII of the Master Circular for issue and listing of Non-convertible Securities, Securitised Debt Instruments, Security Receipts, Municipal Debt Securities a....

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....II of the NCS Master Circular requires issuers of listed Commercial Paper to submit a certificate confirming the fulfilment of their payment obligations within two days of payment becoming due. 3. The relevant extract of the said provision is given as under: Para 8.4 of Chapter XVII of the NCS Master Circular reads as under: "8.4 A certificate confirming fulfilment of its payment ob....