SEBI clarifies compliance obligations under Regulation 62A for entities assuming outstanding unlisted NCD obligations after restructuring.
SEBI Clarifies NCD Obligations under Regulation 62A
This clarification is essential for understanding how unlisted NCDs should be treated post-restructuring, ensuring that affected entities are aware of their regulatory obligations concerning these financial instruments.
Entities that assume such obligations must adhere strictly to the requirements outlined by SEBI to avoid potential regulatory breaches. This guidance aids in clarifying the compliance landscape surrounding NCD obligations.
Legal professionals must inform their clients about these compliance requirements and help ensure adherence to avoid penalties associated with non-compliance.
Citations
- SEBI Circular (2026)
