Explain 'Designated Securities' as per the SEBI Listing Regulation 2015.

Definition of designated securities is given under clause h) of sub-regulation 1 of Regulations 2 of SEBI (Listing obligations and disclosure requirements) regulations, 2015. "designated securities" means specified securities, non-convertible debt securities, non-convertible redeemable preference shares, perpetual debt instrument, perpetual non-cumulative preference shares, Indian depository receipts, securitised debt instruments, security receipts, units issued by mutual funds and any other securities as may be specified by the Board. Further, clause (zl) of sub-regulation 1 of Regulation 2 of SEBI (Listing obligations and disclosure requirements) regulations, 2015 defines specified securities as under: Specified securities means equity shares and convertible securities as defined under clause (zj) of sub regulation (1) of regulation 2 of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009.