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| NOTICES |
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| Notice No. |
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20240715-7 |
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Notice Date |
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15 Jul 2024 |
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| Category |
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Circulars Listed Companies |
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Segment |
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Debt |
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| Subject |
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Reduction in denomination of debt securities and non-convertible redeemable preference shares in denomination of debt securities and non-convertible redeemable preference shares |
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| Attachments |
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Reduction in denomination of debt securities.pdf ; |
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| Content |
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Dear Sir \ Madam
The Securities and Exchange Board of India (SEBI) has issued circular No. SEBI/HO/DDHS/DDHS-PoD-1/P/CIR/2024/94 dated July 3, 2024, regarding reduction in denomination of debt securities and non-convertible redeemable preference shares.
By this circular Chapter V (Denomination of issuance and trading of Non-convertible Securities) of the Master Circular no. SEBI/HO/DDHS/PoD1/P/CIR/2024/54 dated May 22, 2024, (hereinafter referred as ‘Master Circular’) has been modified.
The provisions of this circular shall be applicable to all issues of debt securities and non-convertible redeemable preference shares, on private placement basis that are proposed to be listed from the date of issuance of this circular.
The aforesaid circular is attached for reference.
All Listed companies are requested to take note and comply accordingly.
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Manu Thomas
Addl. General Manager-Listing Compliance
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Shyam Bhagirath
Manager-Listing Compliance
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