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Extension of compliance period Fund raising by large corporates through issuance of debt securities to the extent of 25% of their incremental borrowings in a financial year - SEBI - SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/049

Extract

..... Municipal Debt Securities and Commercial Paper (CP) dated August 10, 2021 and amended from time to time.] on ‘Fund raising by issuance of Debt Securities by Large Corporates’ (LCs Chapter), inter-alia, mandates large corporates to raise minimum 25% of their incremental borrowings in a financial year through issuance of debt securities which has to be met over a contiguous block of two years from Financial Year (FY) 2021-22 onwards. 2. Taking into account the representations from the .....

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Extension of compliance period Fund raising by large corporates through issuance of debt securities to the extent of 25% of their incremental borrowings in a financial year - SEBI

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..... rs conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 read with Regulation 55 (1) of the SEBI (Issue and Listing of Non-convertible Securities) Regulations, 2021 to protect the interest of investors in securities and to promote the development of, and to regulate the securities market. 6. This Circular is available at www.sebi.gov.inunder the link “Legal” >> “Circulars.” Yours faithfully, Pradeep Ramakrishnan General Manager Depart .....

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Extension of compliance period Fund raising by large corporates through issuance of debt securities to the extent of 25% of their incremental borrowings in a financial year - SEBI

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