SEBI amends Listing Regulations, prescribes various format relating to utilization of proceeds, review of ratings, etc.

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  • Last Updated on 3 December, 2022

SEBI Listing Regulations

Circular No. SEBI/HO/DDHS/DDHS_Div1/P/CIR/2022/0000000103, Dated 01.12.2022

The SEBI has amended the Listing regulations. Amendments have been made with an objective to have effective regulation of the corporate bond market and to enable the issuers and other market stakeholders. The amendment prescribes format for submission of statement indicating the utilization of issue proceeds of listed Non-convertible Securities. Also, it has prescribed the format for review of rating obtained by the listed entity with respect to its non-convertible securities from Credit Rating Agency registered with SEBI. Further, this circular shall come into force with effect from August 1, 2022.

Click Here To Read The Full Circular

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