Filing of Shelf Prospectus and Tranche Prospectus

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..... , the following issuers may file shelf prospectus under Section 31 of the Companies Act, 2013 (18 of 2013) for public issuance of their debt securities: (a) Public financial institutions as defined under clause (72) of Section 2 of the Companies Act, 2013 (18 of 2013) and scheduled banks as defined under clause (e) of Section 2 of the Reserve Bank of India Act, 1934; or (b) Issuers authorize .....

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..... g Bank or the Reserve Bank of India, complying with the following criteria: (i) having a net worth of at least rupees five hundred crore, as per the audited balance sheet of the preceding financial year; (ii) having consistent track record of operating profits for the last three years; (iii) securities to be issued under the offer document have been assigned a rating of not less than AA- .....

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..... issuer who has filed shelf prospectus shall file a copy of tranche prospectus with the stock exchange(s) and the Board, immediately on filing the same with the Registrar of Company. (3) The shelf prospectus shall contain the following disclosures: (a) disclosures specified in Schedule I of these regulations; (b) disclosures specified in the Companies Act (18 of 2013), as applicable; and .....

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