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Securities And Exchange Board Of India - Section

Section 22 in Securities and Exchange Board of India (Issue and Listing of Municipal Debt Securities) Regulations, 2015

22. [ Face value of municipal debt securities. [Substituted by Notification No. SEBI/LAD-NRO/GN/2019/40, dated 27.9.2019 (w.e.f. 15.7.2015).]

- The face value of municipal debt securities shall be disclosed in offer document or placement memorandum in the manner as specified by the Board.]