SEBI updates rules to ease the debt securities issuers disclosure structure

SEBI updates rules to ease the debt securities issuers disclosure structure: The Securities and Exchange Board of India (SEBI) released regulations for the introduction of general information and important information document concepts.

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Markets regulator SEBI has notified rules for introducing the concept of general information and key information document to avoid multiple filings of documents by issuers of debt securities.

Aim: To prevent debt securities issuers from filing numerous copies of the same document

At the time of the initial offering, a General Information Document (GID) including the details and disclosures listed in the common schedule will be lodged with the stock exchanges.