April 16, 2026 07:22 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Bengal SIR: Supreme Court allows voters restored by tribunal till April 21 and 27 to vote | 'Women won't spare you': PM Modi warns Opposition over resistance to quota bill | Vijay booked in 3 cases over poll code violation ahead of Tamil Nadu polls | 'Black law': Stalin burns copy of 'delimitation' bill, slams Modi govt | TCS halts Nashik BPO operations amid sexual abuse, conversion allegations | ‘We are surprised’: SC stays Pawan Khera’s bail over remarks on Himanta Biswa Sarma’s wife | Historic shift: Bihar gets first BJP CM as Samrat Choudhary takes oath | 'ECI deviated from Bihar procedure': Supreme Court raises concerns over voter deletion in Bengal SIR | Noida workers’ protest turns violent: Stones pelted, vehicles damaged over wage hike demand | Oil prices jump above $103 a barrel as US moves to block Iran-linked shipping

NSE to offer Electronic Book Mechanism for issuance of debt securities on private placement basis

| | Jun 22, 2016, at 02:10 am
Mumbai,June 21 (IBNS): India's Capital Market regulator The Securities and Exchange Board of India (SEBI) has allowed India's leading stock exchange, the National Stock Exchange of India Limited (NSE) to act as an Electronic Book Provider to facilitate electronic book mechanism for issuance of debt securities on private placement basis.
This new mechanism is aimed at enhancing transparency to discover price.
 
This will be a bidding platform for issuance of debt securities on private placement basis. 
 
The salient features of this mechanism are to steamline procedures for issuance of debt securities on private placement basis and enhance transparency to discover prices. 
 
The new mechanism will be operationalized from July 1. It is a bidding platform and will not function as a trading platform.
 
Main beneficiaries of this mechanism will be issuers, arrangers, sub-arrangers, and participants.
 
The Electronic book mechanism will be mandatory for all private placements of debt securities in primary market with an issue size of Rs.500 crore and above, inclusive of Green shoe option, if any.
 
Presently the issuance of private placement has been made Offline.  The detailed guidelines on electronic book mechanism will be provided subsequently.   
#NSE #Electronic Book Mechanism #Debt securities #Private placement

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
Nirmala Sitharaman presents Budget 2025
Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:41 pm
Veedol signs former Indian skipper Sourav Ganguly as brand ambassador
Veedol signs former Indian skipper Sourav Ganguly as brand ambassador Jun 29, 2024, at 06:38 am
In Images: Glimpses from Bengali film Fatafati's premiere
In Images: Glimpses from Bengali film Fatafati's premiere May 13, 2023, at 08:39 pm
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm