Sebi Eases Regulations to Facilitate Business and Debt Markets
Sebi Eases Rules for Debt Issuance
The markets regulator Sebi has made significant amendments to the rules governing the public issuance of debt securities. These changes are aimed at i providing faster access to funds for issuers.
Key Amendments
- Reduced the public comment period from 7 working days to 1 day for listed securities and 5 days for others.
- Minimum subscription period cut from 3 to 2 working days.
- The period for bidding can now be extended by just one working day in the event of price band revisions.
Benefits for Issuers
These amendments facilitate ease of doing business and provide issuers with more operational flexibility, including the choice of advertising through electronic means and simplified disclosure requirements for non-convertible securities.
Conclusion
In summary, Sebi's recent changes represent a proactive approach to enhancing market liquidity and investor engagement while ensuring regulatory compliance.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.