Tag: 广州龙凤网ER

Sebi notifies stricter delisting rules for non-convertible debt securitiesSebi notifies stricter delisting rules for non-convertible debt securities

With an aim to protect investors’ interest, Sebi has notified a new framework prohibiting listed entities, with more than 200 non-QIB (qualified institutional buyer) holders of non-convertible debt securities, from delisting voluntarily.Under the new rule, the listed entity will have to obtain permission from all holders of non-convertible debt securities within 15 working days of […]