SEBI has clarified compliance requirements under Regulation 62A for entities assuming obligations under corporate restructuring involving unlisted NCDs.
SEBI Clarifies Regulation 62A Compliance for Transferred Unlisted NCD Obligations
The Securities and Exchange Board of India (SEBI) has provided a clarification regarding compliance with Regulation 62A, specifically for debt-listed entities that assume outstanding unlisted Non-Convertible Debenture (NCD) obligations during corporate restructuring. This clarification aims to elucidate the regulatory expectations in such scenarios.
Entities undergoing restructuring should ensure strict adherence to these compliance obligations to avoid potential penalties or regulatory scrutiny. SEBI’s clarification is a significant step towards fostering greater transparency and accountability in the management of corporate obligations.
Legal advisors must ensure that their clients are aware of these compliance requirements, particularly during corporate restructurings, to mitigate legal risks associated with non-compliance.
Citations
- SEBI Circular on Regulation 62A (2026) SEBI Publication

