SEBI has notified amendment to Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, vide the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2019 published on 7th of May, 2019.
The said amendments were brought about for:
- Entities having their NCDs listed, shall submit a copy of the financial results furnished with the Stock-Exchange(s) on a half yearly basis, to the Debenture Trustees on the same day the information is submitted to stock exchanges.
- Now the NCD listed entities, have been provided 7 days time to obtain a certificate signed by debenture trustee that it has taken note of the contents of the Half Yearly Financial results. This certificate has to be furnished to the Stock Exchange within 7 days from the date of submission of the half yearly return.
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