|
Home
Forgot password New User/ Regiser
Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) (Amendment) Regulations, 2023 - SEBI/LAD-NRO/GN/2023/119 - SEBIExtract ..... lication in the Official Gazette. 3. In the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021, (1) in regulation 2, in sub-regulation (1), clause (q) shall be substituted with the following, namely - “(q) “Green debt security” means a debt security issued for raising funds subject to the conditions as may be specified by the Board from time to time, to be utilised for project(s) and/ or asset(s) falling under any of the following categories: (i) renewable and sustainable energy including wind, bioenergy, other sources of energy which use clean technology, (ii) clean transportation including mass/public transportation, (iii) climate change adaptation including efforts ..... x x x x x Extracts x x x x x Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) (Amendment) Regulations, 2023 - SEBI/LAD-NRO/GN/2023/119 - SEBI x x x x x Extracts x x x x x ..... s which comprise of funds raised for transitioning to a more sustainable form of operations, in line with India’s Intended Nationally Determined Contributions, and Explanation: Intended Nationally Determined Contributions (INDCs) refer to the climate targets determined by India under the Paris Agreement at the Conference of Parties 21 in 2015, and at the Conference of Parties 26 in 2021, as revised from time to time. (xiii) any other category, as may be specified by the Board from time to time.” (2) in regulation 15, (a) sub-regulation (6) shall be substituted with the following, namely - “(6) The issuer shall send a notice regarding recall or redemption of non-convertible securities, prior to maturity, to all the eligible ..... x x x x x Extracts x x x x x Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) (Amendment) Regulations, 2023 - SEBI/LAD-NRO/GN/2023/119 - SEBI x x x x x Extracts x x x x x ..... curities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) (Amendment) Regulations, 2023 in the official gazette, shall amend the trust deed to incorporate the above provision on or before September 30, 2023.” (4) in regulation 23, after sub-regulation (5), the following sub-regulation (6) shall be inserted, namely - “(6) If an issuer is a company, it shall ensure that its Articles of Association require its Board of Directors to appoint the person nominated by the debenture trustee(s) in terms of clause (e) of sub-regulation (1) of regulation 15 of the Securities and Exchange Board of India (Debenture Trustees) Regulations, 1993 as a director on its Board of Directors: Provided that the issuer whose ..... x x x x x Extracts x x x x x Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) (Amendment) Regulations, 2023 - SEBI/LAD-NRO/GN/2023/119 - SEBI x x x x x Extracts x x x x x ..... tances, the issuer may, for reasons to be recorded in writing, extend the bidding (issue) period disclosed in the offer document: Provided that the overall bidding (issue) period shall not exceed the maximum number of days, as provided in sub-regulation (1).” (6) in regulation 50, after sub-regulation (4), the following sub-regulation shall be inserted, namely - “(5) The designated stock exchange shall collect a regulatory fee as specified in Schedule VI to these regulations from an issuer of perpetual debt instruments, perpetual non-cumulative preference shares and similar instruments at the time of their listing.” (7) clause 1 of Schedule VI, shall be substituted with the following, namely - “In respect of every dr ..... x x x x x Extracts x x x x x Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) (Amendment) Regulations, 2023 - SEBI/LAD-NRO/GN/2023/119 - SEBI x x x x x Extracts x x x x x
|
