SEBI Circular-Issues pertaining to primary issuance of debt securities

SEBI has been holding discussions with issuers and various other market participants regarding the issues concerning development of Corporate Bond Market. Based on the suggestions received in the aforesaid meetings, it has been decided to implement the following measures:

1. Disclosure of Cash Flows
2. Withdrawal of requirement to upload bids on date-time priority
3. Disclosure of unaudited financials with limited review report
4. Disclosure of contact details of Debenture Trustees in Annual Report

You can read the original Circular here