Securities and Exchange Board of India

Sebi proposes mechanism for voluntary delisting of debt securities

Sebi proposes mechanism for voluntary delisting of debt securities

The Securities and Exchange Board of India (SEBI) has put forth a proposal for a mechanism for the voluntary delisting of non-convertible debt securities. Currently, there is no specific provision for the delisting of such securities, and the proposed mechanism aims to address this issue. Under the proposed mechanism, an entity would not be permitted…