11/30/2022 | Press release | Distributed by Public on 11/30/2022 10:14
Notice No. | 20221130-58 | Notice Date | 30 Nov 2022 | |||
Category | Circulars Listed Companies | Segment | Debt | |||
Subject | Disclosures and compliance requirements for Issuance and Listing of Municipal Debt Securities under SEBI (Issue and Listing of Municipal Debt Securities) Regulations, 2015, which fall within the definition of "green debt security" | |||||
Attachments | Municipal Debt Securities.pdf ; | |||||
Content |
Dear Sir\Madam
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The Securities and Exchange Board of India (SEBI) has issued circular no. SEBI/HO/DDHS/DDHS_Div1/P/CIR/2022/158 dated November 24, 2022, regarding Disclosures and compliance requirements for Issuance and Listing of Municipal Debt Securities under SEBI (Issue and Listing of Municipal Debt Securities) Regulations, 2015, which fall within the definition of "green debt security"<_o3a_p>
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According to the circular, an issuer under the ILMDS Regulations may issue a green debt security if it falls within the definition of "green debt security", as per Regulation 2(1)(q) of the NCS Regulations. Such issuer, shall, in addition to the requirements prescribed under the ILMDS Regulations and circulars issued thereunder, comply with the provisions for 'green debt security', as specified under the NCS Regulations and circulars issued. <_o3a_p>
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This circular shall come into force with immediate effect.<_o3a_p>
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The aforesaid circular is attached for reference.<_o3a_p>
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All Listed companies are requested to take note and comply accordingly. <_o3a_p>
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Ashok kumar Singh |
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Nisha Mehta |
November 30, 2022 <_o3a_p>