Mandatory Admission of Debt Instruments on both the Depositories

Issuers / RTAs are advised that Securities and Exchange Board of India (SEBI), through its circular dated November 1, 2002 had made it mandatory for the issuers to admit their debt instruments on both the Depositories.

Issuers / RTAs are informed that SEBI has now vide its circular No. D&CC/FITTC/CIR-13/2002 dated October 27, 2004, once again advised the issuer companies to admit the debt instruments with both the Depositories.

In view of the above, RTAs are advised to inform the issuers serviced by them about the requirement of admission of all their existing as well as new debt instruments with both the depositories, so as to enable compliance of the SEBI directive.