Central
Draft circular regarding modification in the conditions specified for reduction in denomination of debt securities and non convertible redeemable preference shares (NCRPS)
The Securities and Exchange Board of India has issued a draft circular regarding modifications to the conditions specified for reducing the denomination of debt securities and non-convertible redeemable preference shares (NCRPS). The board invites comments/suggestions from the public on or before 21st August 2025. Please refer the consultation paper for more details.