#merchant-banker
SEBI proposes merchant banker exemption for small-value private debt issues by eligible listed issuers
The proposal exempts debt securities or non-convertible redeemable preference shares issued via private placement at a face value of ₹10,000, subject to certain eligibility conditions
Sebi proposes easing merchant banker rule for select debt issuers
Sebi has put forward a proposal to exempt certain listed companies from the requirement to appoint merchant bankers. This initiative is designed to lower the costs related to issuing small-value debt private placements. To qualify, issuers must meet particula…