Search: small-value debt
1story
August 2026
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SEBISEBI proposes to exempt certain listed issuers from appointing a merchant banker for privately placed debt of ₹10,000 face value; comment window closed on 17 September 2026
No merchant banker: draftComments invitedA SEBI consultation paper issued on 27 August 2026 proposes that an issuer of privately placed debt with a face value of ₹10,000 may be exempted from appointing a merchant banker if four conditions are met: it is regulated by a financial sector regulator, listed for at least one year, has no default in the last three financial years and the current year, and the debt is senior, secured and rated at least AA-. Comments were due by 17 September 2026; the window has closed.
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