Regulation 292J - Eligibility for issuance of Zero Coupon Zero Principal Instruments - Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018

1 [Eligibility for issuance of Zero Coupon Zero Principal Instruments. 292J (1) A Social Enterprise which is a Not for Profit Organization registered with a Social Stock Exchange may make an issue of Zero Coupon Zero Principal Instruments and list them on such Social Stock Exchange. (2) The Not for Profit Organization may issue Zero Coupon Zero Principal Instruments only for a specific project or activity to be completed within a duration specified in the fund raising document: Provided that the specific project or activity falls under the list of eligible activities specified under regulation 292E of these regulations ] ************** NOTES:- 1. Inserted vide F. No. SEBI/LAD-NRO/GN/2022/90 dated 25-07-2022