Sebi has proposed waiving mandatory merchant banker appointments for eligible listed issuers raising small-value debt privately. The move aims to cut costs and delays, while safeguards would restrict exemptions to regulated companies issuing senior secured debt rated AA- or higher.

Sebi has put forth a proposal to exempt small-value debt issuances from the requirement of appointing merchant bankers. This initiative is designed to lower compliance costs and…

Sebi has proposed waiving mandatory merchant banker appointments for eligible listed issuers raising small-value debt privately. The move aims to cut costs and delays, while…