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Sept. 29 (Bloomberg) -- Indian companies issuing structured debt linked to exchange-traded derivatives need a net worth of at least 1 billion rupees ($20 million), the Securities and Exchange Board of India said.
The face value of “equity-linked debentures” should be a minimum 1 million rupees, the market regulator known as SEBI said in a statement posted on its website.
--Editor: David Merritt
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