Face value of each debt security or non-convertible redeemable preference share issued on private placement is reduced to ……………… by SEBI recently.
• In an Operational Circular dated 10-08-2021, SEBI mandated that the face value of such shares issued on a placement basis should be Rs. 10 Lakh and the trading lot should be equal to the face value. • After receiving representations regarding the reduction of the face value and trading lot so that more investors can participate which will enhance the liquidity in the corporate bond market, SEBI made amendments to Chapter V of the Operational Circular. • The face value of each is reduced to Rs 1 Lakh for both: debt security or non-convertible redeemable preference share issued on private placement listed debt security and non-convertible redeemable preference share issued on a private placement basis traded on a stock exchange or OTC basis.
The problem lies in (A)/ his having swam (B)/ over a metre at a stretch because (C)/ he ran out of breath (D)/ and his legs cramped from exertion. (E)
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The manager was (1)/so angry (2)/ on the employees (3)/that he cancelled the meeting.(4)
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I. RBI announce issuance of Rs.20 notes recently.
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