TMI BlogDefinitionsX X X X Extracts X X X X X X X X Extracts X X X X ..... der platform; (e) Board means the Securities and Exchange Board of India established under the provisions of Section 3 of the Act; (f) book building means a process undertaken to elicit demand and to assess the price for determination of the quantum or value of the non-convertible securities, in accordance with these regulations; (g) commercial paper means commercial paper as defined by the Reserve Bank of India; (h) credit rating agency means a Credit Rating Agency registered with the Board; (i) day count convention is the system used to determine the number of days and the amount of accrued interest/dividend between two interest/dividend payment dates; (j) debenture trustee means a debenture trustee registered with the Board; (k) debt securities means non-convertible debt securities with a fixed maturity period which create or acknowledge indebtedness and includes debentures, bonds or any other security whether constituting a charge on the assets/ properties or not, but excludes security receipts, securitized debt instruments, money market instruments regulated by the Reserve Bank of India, and bonds issued by the Government or such other bodies ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ducts, production technologies and processes (such as the design and introduction of reusable, recyclable and refurbished materials, components and products, circular tools and services) and/or eco efficient products, (x) blue bonds which comprise of funds raised for sustainable water management including clean water and water recycling, and sustainable maritime sector including sustainable shipping, sustainable fishing, fully traceable sustainable seafood, ocean energy and ocean mapping, (xi) yellow bonds which comprise of funds raised for solar energy generation and the upstream industries and downstream industries associated with it, (xii) transition bonds 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. ] (r) group compa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in case of private placement of non-convertible securities and includes a draft offer document; (z) perpetual debt instrument means a perpetual debt instrument issued in accordance with the guidelines framed by the Reserve Bank of India; (aa) perpetual non-cumulative preference share means a perpetual non-cumulative preference share issued in accordance with the guidelines framed by the Reserve Bank of India; (bb) placement memorandum means a document 3 [ **** ] filed with the stock exchange(s) in relation to an issue of non-convertible securities to be issued on a private placement basis; (cc) private placement means an offer or invitation to subscribe or issue of non-convertible securities to a select group of persons by a company (other than by way of public offer), which satisfies the applicable conditions specified in Section 42 of the Companies Act, 2013 (18 of 2013); (dd) prospectus shall have the same meaning assigned to it under Section 2 of the Companies Act, 2013 (18 of 2013); (ee) promoter shall have the same meaning assigned to it under regulation 2 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requireme ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... means any recognised stock exchange having nationwide trading terminals chosen by the issuer on which the non-convertible securities and/or commercial paper of an issuer are listed or proposed to be listed for the purpose of a particular issue of such securities and includes a designated stock exchange; 6 [ **** ] (qq) tranche prospectus means an information memorandum as provided under sub-section (2) of Section 31 of the Companies Act, 2013 (18 of 2013); (rr) trust deed means a deed executed between the issuer and the debenture trustee for the benefit of the holders of the debt securities; (ss) wilful defaulter shall have the same meaning as under regulation (2) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018; (tt) working day means all days on which commercial banks in the city, as specified in the offer document, are open for business; Explanation : For the purpose of this definition, in respect of - (i) Announcement of bid /issue period: working day shall mean all days, excluding Saturdays, Sundays and public holidays, on which commercial banks in the city as notified in the off ..... X X X X Extracts X X X X X X X X Extracts X X X X
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