Explain the manner in which a listed entity, before issuing securities, shall obtain an 'in-principle' approval from recognised stock exchange(s).

As per Regulation 28 of the Listing Obligation and Disclosure Requirements, 2015 issued by Securities and Exchange Board of India, the listed entity, before issuing securities, shall obtain an 'in-principle' approval from recognised stock exchange(s) in the following manner: Where the securities are listed only on recognized stock Exchange having nationwide trading terminals from all such stock exchanges. Where the securities are not listed on any recognised stock exchange having nationwide trading terminals, from all the stock exchange(s) in which the securities of the issuer are proposed to be listed. Where the securities are listed on recognised stock exchange(s) having nationwide trading terminals as well as on the recognised stock exchange(s) not having nationwide trading terminals, from all recognised stock exchange(s) having nationwide trading terminals. The requirement of obtaining in-principle approval from recognised stock exchange(s), shall not be applicable for securities issued pursuant to the scheme of arrangement for which the listed entity has already obtained No-Objection Letter from recognised stock exchange(s) in accordance with regulation 37 of the Listing Obligation and Disclosure Requirements, 2015 issued by Securities and Exchange Board of India.