Question
Under SEBI’s proposed regulations, what is the maximum
number of investors allowed in private placements of securitised debt instruments (SDIs) before it is reclassified as a public issue?Solution
SEBI has proposed that private placements of SDIs should be limited to 200 investors. Exceeding this limit will reclassify the issuance as a public issue, requiring it to meet additional regulatory standards to protect investor interests.
Facts in issue means_______________________
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