Additional disclosures by NBFCs in public issue of debt securities- (Securities and Exchange Board of India) (15 Sep 2015)

MANU/SDIP/0001/2015

Capital Market

The Securities Exchange Board of India notified new disclosures to be made by Non-Banking Financial Corporations in offer documents for public issue of debt securities. These include providing information on loans, non-performing debt and ‘onward lending’ made to entities within the NBFC’s group. The new requirements will align disclosure requirements for NBFCs with those stipulated by the Reserve Bank of India.

Relevant : disclosures in the Prospectus for Public Issue of Debt securities MANU/SSMD/0036/2014

Tags : DISCLOSURE NBFC PUBLIC OFFER DEBT