Continuous listing conditions.

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..... ditions. 23 . (1) The issuer making public issues of municipal debt securities or seeking listing of municipal debt securities issued on private placement basis, shall comply with the conditions of listing specified in Schedule V of these regulations including continuous disclosure and other requirements specified by the Board from time to time. (2) Where the .....

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..... ee, the issuer and the stock exchanges. ] ************ Notes 1. Inserted vide NOTIFICATION No. SEBI/LAD-NRO/GN/2019/40 dated 27-09-2019 2. Substituted vide NOTIFICATION No. SEBI/LAD-NRO/GN/2019/40 dated 27-09-2019 before it was read as Continuous listing conditions. 23. (1) All the issuers making public issues of debt securities or seeki .....

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..... issuer shall present to all bondholders, the reasons for fall in rating and the steps, if any, it intends to take to recover the rating. (5) Any change in rating shall be promptly disseminated in such manner as the stock exchange where such securities are listed may determine from time to time. (6) The issuer, the respective debenture trustees, wherever appointed, and stock exchanges shall d .....

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