(1) The listed entity shall obtain approval from all the holders of non-convertible debt securities or nonconvertible redeemable preference shares within fifteen working days from the date of the notice of delisting.
(2) The listed entity shall also obtain the No-Objection Letter from the debenture trustee in case of delisting of non-convertible debt securities.
Inserted vide SEBI (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2023 dated 23.08.2023. To view the notification, Click Here.