Tuesday May 20 2025
News Source: Global Exchanges
Focus: Trading Systems and Technology
Type: General
Country: India
On 16th May 2025, the Securities and Exchange Board of India (SEBI) issued a circular regarding review of provisions pertaining to Electronic Book Provider (EBP) platform to increase its efficacy and utility.
The following issues of securities shall be made through the EBP platform:
A private placement of debt securities and NCRPS as per the provisions of SEBI NCS Regulations, 2021 and municipal debt securities as per provisions of SEBI (Issue and Listing of Municipal Debt Securities) Regulations, 2015, if it is:
- a single issue, inclusive of green shoe option, if any, of Rs. 20 crore or more;
- a shelf issue, consisting of multiple tranches, which cumulatively amounts to Rs. 20 crore or more, in a financial year; and
- a subsequent issue, where aggregate of all previous issues by an issuer in a financial year equals or exceeds Rs. 20crore
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