Master Circular for issue and listing of Non-convertible Securities, Securitised Debt Instruments, Security Receipts, Municipal Debt Securities and Commercial Paper · 15 Oct 2025

SEBI master-circular · 15 Oct 2025

Page 1 of 215 MASTER CIRCULAR SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137 Issued on: October 15, 2025 Last updated on: May 22, 2024 To, Issuers who have listed and/ or propose to list Non-convertible Securities, Securitised Debt Instruments, Security Receipts, Municipal Debt Securities or Commercial Paper1; Recognised…