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Corporate Laws Central Ministry of Finance Securities and Exchange Board of India Act, 1992

NSDL reiterate the circular issued by SEBI regarding Exemption from the requirement of mandatory merchant banker appointment for debt issued through private placement by certain listed issuers

09-Oct-2026 | NSDL/POLICY/2026/0157

NSDL has reiterated the circular issued by SEBI regarding Exemption from the requirement of mandatory merchant banker appointment for debt issued through private placement by certain listed issuers Through this circular, Participants are advised to refer the SEBI circular which states: Para 1.3 of the Non- Convertible Shares has been substituted with 'The Issuer may issue debt security or non-convertible redeemable preference share on private placement basis at a face value of Rs. Ten Thousand, subject to the following conditions: a) The issuer shall appoint at least one Merchant Banker, and the role, responsibilities and obligations of the Merchant Banker(s) shall be same as they would be in case of public issue of debt security or non-convertible redeemable preference share. b) The Issuer may not appoint a Merchant Banker, subject to fulfilment of all the following conditions: i. The Issuer is registered/ regulated by a financial sector regulator in India, viz. SEBI, RBI, IRDAI or PFRDA. ii. The Issuer is listed in any segment on any of the recognized Stock Exchange(s) for a period of at least one year and there are no pending fines or penalties levied by SEBI/ Stock Exchanges for non-compliance with any of the applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in respect of the issuer. Stock Exchange(s) shall confirm the above at the time of granting in-principle approval for the issue. For more information, please refer the attached pdf.

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Recent Posts in Corporate Laws

Corporate Laws

CDSL issues communique regarding SEBI circular Display of “investor awareness message(s)” by stock brokers on their trading apps and websites, under Project Jagrook

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Corporate Laws

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Labour Laws

Amendment to Paragraph 4(2) of the Employees’ Pension Scheme, 2026, Regarding the Specification of Wages Up to ₹15,000 per Month, Effective 17 September 2026

15-Oct-2026 | G.S.R. 890(E)

This notification amends paragraph 4(2) of the Employees’ Pension Scheme, 2026, by replacing the existing wording “such sum as

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Environment, Health and Safety

Jharkhand Standard Operating Procedure for Registration and Management of Bulk Waste Generators under Solid Waste Management Rules, 2026

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Taxation

Government of Rajasthan issues notification regarding Declaration of Dry Days for Panchayati Raj General Elections 2026

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Industry Specific-Maritime Laws

Merchant Shipping (Prevention of Collisions at Sea) Rules, 2026

14-Oct-2026 | G.S.R. 885(E)

This notification introduces the Merchant Shipping (Prevention of Collisions at Sea) Rules, 2026, in supersession of the Merchant Shipping (

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