Disclosures by listed entities of defaults on payment of interest/ repayment of principal amount on loans from banks / financial institutions, debt securities, etc.

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..... payment of interest/ repayment of principal amount on loans from banks / financial institutions, debt securities, etc. 1. SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR Regulations") currently require disclosure of material events / information by listed entities to stock exchanges. Specific disclosures are required under the SEBI LODR Regulations in certain .....

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..... hall comply with the requirements of this circular. A. Applicability: i. The circular shall be applicable to all listed entities which have listed any of the following: specified securities (equity and convertible securities), non-convertible debt securities and non-convertible and redeemable preference shares. ii. The disclosures shall be made to the stock exchanges when the entity has default .....

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..... osure Details 1. Name of the Listed entity 2. Date of making the disclosure 3. Nature of obligation / Type of instrument (Listed debt securities, MTNs, FCCBs etc. with ISIN as applicable) 4. Number of investors in the security as on date of default 5. Date of default 6. Details of the obligation (tenure, coupon, secured/unsecured etc.) 7. Current default amount (Amount in Rs.crore) .....

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..... ks / financial institutions 10. Any other details C2. The following details shall be disclosed by listed entities if there is any outstanding amount under default as on the last date of any quarter within 7 days from the end of such quarter: Nature of obligation Total amount outstanding as on date (In Rs. crore) Of the total amount outstanding, cumulative amount of default as on date (In Rs .....

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..... Requirements) Regulations, 2015. 8. This circular is available on the SEBI website at www.sebi.gov.in under the category "Legal Framework/Circulars". Yours faithfully, Pradeep Ramakrishnan Deputy General Manager Corporate Finance Department Compliance and Monitoring Division and Forensic Accounting Cell Tel No.022-2644 9246 Email - [email protected]
Circular, Trade Notice, Public N .....

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