{"id":4285,"date":"2026-01-25T08:43:15","date_gmt":"2026-01-25T08:43:15","guid":{"rendered":"https:\/\/bhatiabhola.com\/?p=4285"},"modified":"2026-01-25T08:43:16","modified_gmt":"2026-01-25T08:43:16","slug":"sebi-notification-dated-20-01-2025-amendments-to-sebi-issue-listing-of-non-convertible-securities-regulations","status":"publish","type":"post","link":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/01\/25\/sebi-notification-dated-20-01-2025-amendments-to-sebi-issue-listing-of-non-convertible-securities-regulations\/","title":{"rendered":"SEBI Notification Dated 20\/01\/2025 &#8211; Amendments to SEBI Issue &amp; Listing of Non-Convertible Securities Regulations"},"content":{"rendered":"\n<p>A new definition of \u2018retail individual investor\u2019 has been inserted, limiting such status to individuals applying or bidding for debt securities up to Rs 2 lakh. Also, a proviso has been added to Regulation 31 allowing issuers to offer incentives, such as additional interest or a discount on issue price, to specified categories including senior citizens, women, serving and retired defence personnel, widows and widowers of defence personnel, retail individual investors, and other categories as notified. Crucially, the regulation clarifies that these incentives are restricted to the initial allottee and will not apply if the securities are subsequently transferred or transmitted.\u00a0<\/p>\n\n\n\n<p><a href=\"https:\/\/www.sebi.gov.in\/legal\/regulations\/jan-2026\/securities-and-exchange-board-of-india-issue-and-listing-of-non-convertible-securities-amendment-regulations-2026_99233.html\"><em>(Link: SEBI Notification Dated 20\/01\/2026)<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new definition of \u2018retail individual investor\u2019 has been inserted, limiting such status to individuals applying or bidding for debt [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"enabled":false},"version":2}},"categories":[52,56],"tags":[],"class_list":["post-4285","post","type-post","status-publish","format-standard","hentry","category-sebi","category-notifications-sebi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SEBI Notification Dated 20\/01\/2025 - Amendments to SEBI Issue &amp; 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