SEBI (Issue & Listing of Non Convertible Redeemable Preference Shares) Regulations, 2013.
SEBI notifies Regulations for issuance and listing of Non-Convertible Redeemable Preference Shares Ms. Anjali Aggarwal Vice President +919971673336 anjali@indiacp.com With a view to foster the fund raising options for Corporates and Banks and at the same time ensuring transparency and interest of investors, the Capital Market Regulator, SEBI, has notified a new set of Regulations to govern issuance and listing of Non-Convertible Redeemable Preference Shares(NCRPS), to be called SEBI (Issue and Listing of Non Convertible Redeemable Preference Shares) Regulations, 2013. SEBI’s initiative is surely a welcoming step that ensures lucidity in the regulatory framework of NCRPS on one hand and widens the avenues for raising funds for the companies including Banks.