This BSE SmallCap Company Issues Non-Convertible Debentures of Rs 1 Lakh Each

This BSE SmallCap company issues non-convertible debentures of Rs 1 lakh each

NBFC firm Paisalo Digital, which is backed by state-run LIC and SBI Life Insurance, has informed exchanges that its operations and finance committee of board of directors has approved the issuance of non-convertible debentures (NCDs) to raise up to RS 50 crore. The issue will be made through private placement on the Electronic Book Provider (EBP) platform.  The proposed issue will consist of 5,000 debentures of Rs 1 lakh face value each. The bas…

SEBI Update - Rating of Municipal Bonds on the Expected Loss (EL) based Rating Scale (Applicable- All Registered Credit Rating Agencies (CRAs) All Registered Debenture Trustees, Issuers who have listed and/ or propose to list Non-Convertible Securities, S

SEBI issued a circular regarding  Rating of Municipal Bonds on the Expected Loss (EL) based Rating Scale The following has been stated  The Master Circular for Credit Rating Agencies (CRAs) provides that in addition to the standardized rating scales prescribed for various instruments, an Expected Loss (EL) based Rating Scale may be used by CRAs for ratings of projects/ instruments associated with the infrastructure sector. Pursuant to deliberati…