Divi Ltd. is going in for public issue and listing of securitised debt instruments on Bombay Stock Exchange. Draft a note on compliances under the SEBI (Public Offer and Listing of Securitised Debt Instruments) Regulatio

Major Compliances for public issue and or listing of securities debt instrument on the recognized stock exchange under SEBI (Public Offer and listing of Securities Debt Instrument) Regulations, 2008 are: Ensure that the entity files draft offer document with SEBI at least fifteen working days before the proposed opening of the issue. Ensure that the entity has made arrangements with Registered Depositories for dematerialisation of the securitised Debt instrument. Ensure that the entity has made an application for listing to one or more recognized stock exchanges in terms of Regulation 17A(2) of Securities Contract (Regulations) Act, 1956. Ensure that the credit rating is obtained from at least two registered credit rating agencies and the same is disclosed in the offer document. Ensure that the offer document contains the required details and does not contain any misleading information. Ensure to file necessary reports post issue as directed by SEBI from time to time. Ensure that the entity complies with its obligations relating to Minimum public offering for listing, continuous listing conditions etc.