{"id":194026,"date":"2018-03-15T15:00:11","date_gmt":"2018-03-15T09:30:11","guid":{"rendered":"http:\/\/www.scconline.com\/blog\/?p=194026"},"modified":"2018-03-15T15:00:11","modified_gmt":"2018-03-15T09:30:11","slug":"sebi-issues-circular-for-electronic-book-mechanism-for-issuance-of-securities-on-private-placement-basis","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2018\/03\/15\/sebi-issues-circular-for-electronic-book-mechanism-for-issuance-of-securities-on-private-placement-basis\/","title":{"rendered":"SEBI issues Circular for Electronic Book Mechanism for issuance of securities on private placement basis"},"content":{"rendered":"<p style=\"text-align: justify;\">In exercise of powers conferred under Section 11(1) read with Regulation 31(2) of ILDS Regulations of the Securities and Exchange Board of India Act, 1992, SEBI has issued a circular for \u2018Electronic Book Mechanism\u2019 for issuance of securities on private placement basis. SEBI vide circular No. CIR\/IMD\/DF1\/48\/2016 dated 21-04-2016, mandated usage of electronic book mechanism for issuance of debt securities on private placement basis. Subsequently, on receiving feedback from the market participants to further streamline the process, SEBI issued a consultation paper and sought public comments on the matter. On the basis of market feedback and the feedback received on SEBI consultation paper, the securities market regulator decided to make suitable revisions to the existing framework for Electronic Book Mechanism. The revisions made to the existing framework are aimed at further streamlining the procedure for private placement of debt securities, allowing private placement of other classes of securities which are in the nature of debt securities and enhancing transparency in the issuance, resulting in better discovery of price. The revised guidelines for the Electronic Book Mechanism are placed at Schedule-A of the circular [SEBI\/HO\/DDHS\/CIR\/P\/2018\/05, dated 05-01-2018]. The said circular shall come in to force w.e.f. 01-04-2018 and the SEBI circular CIR\/IMD\/DF1\/48\/2016 dated 21-04-2016 shall stand repealed from the date of the enforcement of this circular.<\/p>\n<p style=\"text-align: justify;\">Recognized Stock Exchanges are directed to:<\/p>\n<p style=\"text-align: justify;\">\u00b7 Comply with the conditions laid down in the new circular<\/p>\n<p style=\"text-align: justify;\">\u00b7 Put in place necessary systems and infrastructure for implementation of the circular;<\/p>\n<p style=\"text-align: justify;\">\u00b7 Make consequential changes, if any, to their bidding portal and respective exchange bye-laws; and<\/p>\n<p style=\"text-align: justify;\">\u00b7 Communicate and create awareness about the revised guidelines in the new circular amongst issuers, arrangers and investors.<\/p>\n<p style=\"text-align: right;\">[SEBI\/HO\/DDHS\/CIR\/P\/2018\/05, dated 05-01-2018]<\/p>\n<p style=\"text-align: right;\">Securities and Exchange Board of India<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In exercise of powers conferred under Section 11(1) read with Regulation 31(2) of ILDS Regulations of the Securities and Exchange Board of <\/p>\n","protected":false},"author":91,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8051,2],"tags":[],"class_list":["post-194026","post","type-post","status-publish","format-standard","hentry","category-business_news","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SEBI issues Circular for Electronic Book Mechanism for issuance of securities on private placement basis | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2018\/03\/15\/sebi-issues-circular-for-electronic-book-mechanism-for-issuance-of-securities-on-private-placement-basis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SEBI issues Circular for Electronic Book Mechanism for issuance of securities on private placement basis\" \/>\n<meta property=\"og:description\" content=\"In exercise of powers conferred under Section 11(1) read with Regulation 31(2) of ILDS Regulations of the Securities and Exchange Board of\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2018\/03\/15\/sebi-issues-circular-for-electronic-book-mechanism-for-issuance-of-securities-on-private-placement-basis\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-15T09:30:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/03\/security-exchange-board-of-india.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1330\" \/>\n\t<meta property=\"og:image:height\" content=\"887\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Saba\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Saba\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2018\/03\/15\/sebi-issues-circular-for-electronic-book-mechanism-for-issuance-of-securities-on-private-placement-basis\/\",\"url\":\"https:\/\/www.scconline.com\/blog\/post\/2018\/03\/15\/sebi-issues-circular-for-electronic-book-mechanism-for-issuance-of-securities-on-private-placement-basis\/\",\"name\":\"SEBI issues Circular for Electronic Book Mechanism for issuance of securities on private placement basis | SCC Times\",\"isPartOf\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\"},\"datePublished\":\"2018-03-15T09:30:11+00:00\",\"author\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/e8e76b10dfc9c0d576324bfdbb2c2785\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2018\/03\/15\/sebi-issues-circular-for-electronic-book-mechanism-for-issuance-of-securities-on-private-placement-basis\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.scconline.com\/blog\/post\/2018\/03\/15\/sebi-issues-circular-for-electronic-book-mechanism-for-issuance-of-securities-on-private-placement-basis\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2018\/03\/15\/sebi-issues-circular-for-electronic-book-mechanism-for-issuance-of-securities-on-private-placement-basis\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.scconline.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"SEBI issues Circular for Electronic Book Mechanism for issuance of securities on private placement basis\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\",\"url\":\"https:\/\/www.scconline.com\/blog\/\",\"name\":\"SCC Times\",\"description\":\"Bringing you the Best Analytical Legal News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.scconline.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/e8e76b10dfc9c0d576324bfdbb2c2785\",\"name\":\"Saba\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a815285315cd85d8b3246c60ed8ed99825949c1b85b370c49212daa54ededa98?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a815285315cd85d8b3246c60ed8ed99825949c1b85b370c49212daa54ededa98?s=96&d=mm&r=g\",\"caption\":\"Saba\"},\"url\":\"https:\/\/www.scconline.com\/blog\/post\/author\/editor_2\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"SEBI issues Circular for Electronic Book Mechanism for issuance of securities on private placement basis | SCC Times","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.scconline.com\/blog\/post\/2018\/03\/15\/sebi-issues-circular-for-electronic-book-mechanism-for-issuance-of-securities-on-private-placement-basis\/","og_locale":"en_US","og_type":"article","og_title":"SEBI issues Circular for Electronic Book Mechanism for issuance of securities on private placement basis","og_description":"In exercise of powers conferred under Section 11(1) read with Regulation 31(2) of ILDS Regulations of the Securities and Exchange Board of","og_url":"https:\/\/www.scconline.com\/blog\/post\/2018\/03\/15\/sebi-issues-circular-for-electronic-book-mechanism-for-issuance-of-securities-on-private-placement-basis\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2018-03-15T09:30:11+00:00","og_image":[{"width":1330,"height":887,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/03\/security-exchange-board-of-india.jpg","type":"image\/jpeg"}],"author":"Saba","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Saba","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2018\/03\/15\/sebi-issues-circular-for-electronic-book-mechanism-for-issuance-of-securities-on-private-placement-basis\/","url":"https:\/\/www.scconline.com\/blog\/post\/2018\/03\/15\/sebi-issues-circular-for-electronic-book-mechanism-for-issuance-of-securities-on-private-placement-basis\/","name":"SEBI issues Circular for Electronic Book Mechanism for issuance of securities on private placement basis | SCC Times","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"datePublished":"2018-03-15T09:30:11+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/e8e76b10dfc9c0d576324bfdbb2c2785"},"breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2018\/03\/15\/sebi-issues-circular-for-electronic-book-mechanism-for-issuance-of-securities-on-private-placement-basis\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2018\/03\/15\/sebi-issues-circular-for-electronic-book-mechanism-for-issuance-of-securities-on-private-placement-basis\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2018\/03\/15\/sebi-issues-circular-for-electronic-book-mechanism-for-issuance-of-securities-on-private-placement-basis\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"SEBI issues Circular for Electronic Book Mechanism for issuance of securities on private placement basis"}]},{"@type":"WebSite","@id":"https:\/\/www.scconline.com\/blog\/#website","url":"https:\/\/www.scconline.com\/blog\/","name":"SCC Times","description":"Bringing you the Best Analytical Legal News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.scconline.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/e8e76b10dfc9c0d576324bfdbb2c2785","name":"Saba","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a815285315cd85d8b3246c60ed8ed99825949c1b85b370c49212daa54ededa98?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a815285315cd85d8b3246c60ed8ed99825949c1b85b370c49212daa54ededa98?s=96&d=mm&r=g","caption":"Saba"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/editor_2\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":276510,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/11\/02\/sebi-circular-review-specifications-internationalsecuritiesidentificationnumber-debtsecurities-issued-on-private-placement-basis-reduce-fragmentation-primarymarket-enhance-liquidity-secondarymarket-s\/","url_meta":{"origin":194026,"position":0},"title":"SEBI issues circular on capping the limits of ISIN for debt securities issued on private placement basis","author":"Editor","date":"November 2, 2022","format":false,"excerpt":"\u00a0 \u00a0 On 31-10-2022, the Securities and Exchange Board of India (\u2018SEBI\u2019) has issued a circular on review of provisions pertaining to specifications related to International Securities Identification Number (\u2018ISIN\u2019) for debt securities issued on private placement basis to reduce fragmentation in the primary market and enhance liquidity in the\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"SEBI","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":252760,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/08\/16\/sebi-issue-guidelines-on-issuance-of-non-convertible-debentures-with-warrants-through-qualified-institutional-placement\/","url_meta":{"origin":194026,"position":1},"title":"SEBI issues guidelines on issuance of non-convertible debentures with warrants through Qualified Institutional Placement","author":"Prachi Bhardwaj","date":"August 16, 2021","format":false,"excerpt":"The Securities and Exchange Board of India has issued circular dated 13th August 2021 providing the guidelines on issuance of non-convertible debt instruments along with warrants (\u2018NCDs with Warrants\u2019) in terms of Chapter VI \u2013 Qualified Institutions Placement of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The guidelines\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-135.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-135.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-135.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-135.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-135.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":276311,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/10\/29\/sebi-circular-reductionindenomination-debtsecurities-nonconvertible-redeemable-preferenceshares-securitiesandexchangeboardofindia-legal-news-update-research\/","url_meta":{"origin":194026,"position":2},"title":"SEBI issues circular reducing denomination of debt securities and non- convertible redeemable preference shares to Rs. 1 Lakh","author":"Editor","date":"October 29, 2022","format":false,"excerpt":"\u00a0 \u00a0 On 28-10-2022, the Securities and Exchange Board of India (\u2018SEBI\u2019) has issued a circular on reduction in denomination for debt securities and non- convertible redeemable preference shares to protect the interest of investors in securities and to promote the development of, and to regulate the securities market. The\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"SEBI","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":280938,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/12\/01\/novermber-2022-legislation-monthly-roundup-15-stories-relating-to-e-waste-management-rules-new-emission-standards-notified-by-moefc-amendment-of-aadhaar-enrolment-and-update-regulations\/","url_meta":{"origin":194026,"position":3},"title":"[NOVEMBER 2022] Legislation Monthly Roundup | 15+ Stories relating to E- Waste Management Rules &amp; new emission standards notified by MoEFC; Amendment of Aadhaar (Enrolment and Update) Regulations by UIDAI; Rate of Family Pension revised by SIDBI and may more","author":"Editor","date":"December 1, 2022","format":false,"excerpt":"MINISTRY OF ENVIRONMENT, FOREST AND CLIMATE CHANGE Government notifies E-Waste (Management) Rules, 2022 The Central Government has notified the E-Waste (Management) Rules, 2022. These rules apply to every manufacturer, producer refurbisher, dismantler and recycler involved in manufacture, sale, transfer, purchase, refurbishing, dismantling, recycling and processing of e-waste or electrical and\u2026","rel":"","context":"In &quot;Legal RoundUp&quot;","block_context":{"text":"Legal RoundUp","link":"https:\/\/www.scconline.com\/blog\/post\/category\/columns-for-roundup\/"},"img":{"alt_text":"Legislation Monthly Roundup","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/01\/MicrosoftTeams-image-80.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":255702,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/10\/16\/sebi-issues-circular-on-streamlining-issuance-of-scores-authentication-for-companies-intending-to-list-their-securities-on-sebi-recognized-stock-exchanges\/","url_meta":{"origin":194026,"position":4},"title":"SEBI issues circular on streamlining issuance of SCORES Authentication for  companies  intending  to list their securities on SEBI recognized stock  exchanges","author":"Bhumika Indulia","date":"October 16, 2021","format":false,"excerpt":"SEBI has issued a Circular in order to protect the interests of investors in securities and to promote the development of, and to regulate the securities market. The objective of the circular is to streamline the redressal of investor grievances against companies before listing. SEBI has now introduced an online\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-135.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-135.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-135.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-135.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-135.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":222091,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/14\/sebi-continuous-disclosures-and-compliances-by-listed-entities-under-sebi-issue-and-listing-of-municipal-debt-securities-regulations-2015\/","url_meta":{"origin":194026,"position":5},"title":"[SEBI] Continuous disclosures and compliances by listed entities under SEBI (Issue and Listing of Municipal Debt Securities) Regulations, 2015","author":"Bhumika Indulia","date":"November 14, 2019","format":false,"excerpt":"1. SEBI (Issue and Listing of Municipal Debt Securities) Regulations, 2015 (ILDM Regulations) prescribe disclosures to be made by issuers making public issues of debt securities or seeking a listing of municipal debt securities issued on private placement basis to the Stock Exchange(s). SEBI vide Circular No. CIR\/IMD\/DF1\/60\/2017 (\u201chereinafter to\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/194026","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/91"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=194026"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/194026\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=194026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=194026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=194026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}