Regulation 15 - Right to recall or redeem prior to maturity - Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021

..... n accordance with the terms of issue and detailed disclosure in this regard shall be made in offer document including date from which such right is exercisable, period of exercise (which shall not be less than three working days) and redemption amount (including the premium or discount at which such redemption shall take place). (3) The issuer or investor may exercise such right with respect to all the non-convertible securities issued or held by them respectively or with respect to a part of th .....

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Regulation 15 - Right to recall or redeem prior to maturity - Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021

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..... ercent per annum for the period of delay, if any. (9) After the completion of the exercise of such right, the issuer shall: (a) submit a report to the stock exchange(s) where the non-convertible securities are listed for public dissemination regarding the details of non-convertible securities redeemed during the exercise period and details of redemption thereof; (b) inform the debenture trustee regarding the debt securities redeemed during the exercise period and details of redemption thereof; a .....

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Regulation 15 - Right to recall or redeem prior to maturity - Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021

X X   X X   Extracts   X X   X X