Securities and Exchange Board of India

30.06.2016

Capital Market

EBM for issuance of debt securities on private placement basis mandated

MANU/SPRL/0115/2016

The Securities and Exchange Board of India mandated issuers of debt securities and market participants to make the offer for issue of debt securities on private placement basis only through the Electronic Book Mechanism.

The move took effect on 1 July 2016 and must be complied with for debt securities with an issue size of Rs. 500 crore and over.

Tags : debt security private placement electronic book mechanism

Share :