Simplified norms for issuing & listing ESG debt securities in India. Green light for corporate sustainability bonds.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....The Securities and Exchange Board of India (SEBI) has amended the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021. The key amendments are: introducing the definition of "Environment, Social and Governance Debt Securities" or "ESG Debt Securities"; allowing issuance and listing of ESG Debt Securities subject to conditions specified by SEBI; omitting regulation 26; modifying disclosure requirements related to debenture trustees in the offer document; and making other consequential changes.....