Circular regarding Guidelines on issuance of non-convertible debt instruments along with warrants (‘NCDs with Warrants’) in terms of Chapter VI – Qualified Institutions Placement of SEBI (Issue of Capital and Disclosure Requirements) Regulations,2018 ( dated – 13.08.2021 ) – SEBI
View PdfCircular regarding Guidelines on issuance of non-convertible debt instruments along with warrants (‘NCDs with Warrants’) in terms of Chapter VI – Qualified Institutions Placement of SEBI (Issue of Capital and Disclosure Requirements) Regulations,2018 ( dated – 13.08.2021 ) – SEBI
- This circular shall be applicable for all issues of ‘NCDs with Warrants’ made under ICDR
- Regulations, 2018, on or after the date of this Circular.
- Entities involved in the ‘NCDs with Warrants’ issue process are advised to ensure compliance with this circular.
- This circular is issued in exercise of powers conferred by Section 11(1) read with Section 11A of the Securities and Exchange Board of India Act, 1992 read with Regulations 299 and 300 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.
