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Call for Inputs on SEBI Consultation Paper
Call for Inputs on SEBI Consultation Paper

December 13, 2023

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Dear All,

As you may be aware, Securities and Exchange Board of India (SEBI) has released a consultation paper on review of provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021 for ease of doing business and introduction of fast track public issuance of debt securities.

The consultation paper list down proposals such as:

  1. Rationalisation of disclosures by inserting web-link and QR code for the audited financials for the last 3 financial years and stub period in the Offer Document
  2. Details of certain information required for the current year such as Related Party Transactions, Remuneration of directors etc. to be specified as required upto the latest quarter:
  3. Standardization of shut period/ ‘Record Date
  4. Due Diligence Certificate by the Debenture Trustee
  5. Introduction of concept of Fast Track public issuance and listing of debt securities, amongst others. 

In case you have any feedback/ inputs on the consultation paper, please write to tejasvi@nasscom.in latest by December 23, 2023.


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Tejasvi

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