5th November 2013




Sub: Issues pertaining to primary issuance of debt securities



To all listed companies



We want to draw the attention of all the listed companies to the provisions of SEBI Circular Ref.  

CIR/IMD/DF/18/2013 dated 29th October 2013.


Kindly note that SEBI vide the above-mentioned circular have directed the Stock Exchanges to bring the provisions of this aforesaid circular to the notice of all the companies whose securities are listed on the stock exchange and also to disseminate the same on the web site. The salient features of the revised requirements, include the following:


 “The provisions in Para I of this circular shall be applicable for the debt securities issued, in accordance with SEBI (Issue and Listing of Debt Securities) Regulations, 2008, on or after December 01, 2013. The provisions in Para II and III of this circular shall be applicable for the draft offer document for issuance of debt securities filed with the designated stock exchange on or after November 01, 2013. the provisions in Para IV shall be applicable from December 01, 2013.”

All the listed companies are requested to take note of the amendment as proposed by SEBI and implement the same with immediate effect.