The Securities and Exchange Board of India (SEBI) has revised the reporting timeline for entities with listed Commercial Paper, as outlined in the updated Chapter XVII of the Master Circular for Non-convertible Securities and related instruments. This change aims to enhance the efficiency and consistency of reporting obligations, ensuring timely updates to stock exchanges.
The new circular mandates that this confirmation be submitted within one working day, aligning the reporting timeline with that for other listed non-convertible securities. Previously, issuers were required to submit a certificate confirming payment obligations within two days of payment due.
