Extension of timelines for entering and verification of the details of the existing outstanding non-convertible securities in the ‘Security and Covenant Monitoring’ system hosted by Depositories - SEBI - SEBI/HO/DDHS/RACPOD1/CIR/P/2023/003

..... utstanding non-convertible securities in the ‘Security and Covenant Monitoring’ system hosted by Depositories 1. SEBI vide Circular SEBI/HO/MIRSD/MIRSD_CRADT/CIR/P/2021/618 dated August 13, 2021 specified the manner of recording of charges by Issuers and manner of monitoring and other responsibilities of stakeholders for ‘Security and Covenant Monitoring’ using Distributed Ledger Technology (DLT). Further, vide circular SEBI/HO/MIRSD/CRADT/CIR/P/2022/38 dated March 29, 20 .....

X X   X X   Extracts   X X   X X

Login / Subscribe to Access Full Page

Extension of timelines for entering and verification of the details of the existing outstanding non-convertible securities in the ‘Security and Covenant Monitoring’ system hosted by Depositories - SEBI

X X   X X   Extracts   X X   X X

..... on or before January 31, 2023 and DTs shall verify the same by February 28, 2023. DTs shall submit a fortnightly progress report of status of compliance regarding the details pertaining to existing outstanding non-convertible securities being entered in the system by the issuers and verification of the same by DT, till the extension of the timeline for compliance is in place. The progress report shall be submitted within five days of the end of the fortnight. 4. This circular is issued in exerci .....

X X   X X   Extracts   X X   X X

Login / Subscribe to Access Full Page

Extension of timelines for entering and verification of the details of the existing outstanding non-convertible securities in the ‘Security and Covenant Monitoring’ system hosted by Depositories - SEBI

X X   X X   Extracts   X X   X X