Regulation 51 - LISTING OF COMMERCIAL PAPER - Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021

CHAPTER VI LISTING OF COMMERCIAL PAPER 51. (1) Issuers desirous of listing of commercial paper shall comply with the conditions as may be specified by the Board from time to time. 1 [ (1A) An issuer that has filed a general information document under these regulations and subsequently intends to issue commercial paper and seeks listing thereof, during the validity period of such general information document, shall file a key information document with the disclosures as may be specified by the Board. (1B) An issuer that has filed a shelf prospectus in case of public issue under these regulations and subsequently intends to issue Commercial Paper and seeks listing thereof, during the validity period of such shelf prospectus, shall not be required to file a general information document so long as the key information document is filed in accordance with these regulations. ] (2) The designated stock exchange shall collect a regulatory fee as specified in Schedule VI of these regulations from an issuer of commercial paper at the time of their listing. (3) The issuer shall apply for Securities and Exchange Board of India Complaints Redress System (SCORES) authentication in the format specified by the Board and shall use the same for issuance and listing of commercial paper. **************** NOTES:- 1. Inserted vide Notification No. SEBI/LAD-NRO/GN/2023/135 dated 03-07-2023