Redemption and Roll-over

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..... l do so only upon passing of a special resolution of holders of such securities and give 1 [ fifteen days ] notice of the proposed roll over to them. (3) The notice referred to in sub- regulation (2) shall contain disclosures with regard to credit rating and rationale for roll-over. (4) The issuer shall, prior to sending the notice to holders of debt securities, file a copy of the notice .....

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..... on ; (d) adequate security shall be created or maintained in respect of such debt securities to be rolled over. (6) The issuer shall redeem the debt securities of all the debt securities holders, who have not given their positive consent to the roll-over. ************ NOTES:- 1. Substituted vide Notification No. SEBI/ LAD-NRO/GN/2020/35 dated 08-10-2020 befo .....

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