Structure of non convertible debt securities and non convertible redeemable preference shares.
59. (1) The listed entity shall not make material without of the stock exchange(s) where the non convertible debt securities or non-convertible redeemable preference shares, as applicable, are listed, to:
(2) The approval of the stock exchange referred to in sub-regulation (1) shall be made only after:
Provided that the listed entity shall provide the facility of remote e-voting to facilitate such consent.
(b) after complying with the provisions of Companies Act, 2013 including approval of the consent of requisite majority of holders of that class of securities.
- Refer SEBI Circular dated 29.12.2021 effective from 01.02.2022 regarding Non-compliance with provisions related to continuous disclosures. To view the circular, Click Here.
- Refer SEBI Circular dated 13.11.2020 regarding Non-compliance with provisions related to continuous disclosures. To view the circular,Click Here