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Mandate from Client Preparation of Information Memorandum (As per SEBI guidelines) Credit Rating Rationale Board Resolutions For increase in borrowing limits For issuance of Debentures Meeting with Investors Executive Summary Annual Reports Teaser/Company Presentations Existing Credit Rating & Rationale Trustee & Registrar Request Letter for acting as Debenture Trustee Request Letter for acting as Registrar Stock Exchange In-Principle Approval for Listing Draft IM Term Sheet Addendum (if any change in Term Sheet) Trustee Consent Letter Confirmation from Investor Signed copy of IM Board Resolutions Application Form

Ncd issuance process

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Brief Description of Process of Issuing Debentures

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Page 1: Ncd issuance process

Mandate from Client• Preparation of

Information Memorandum (As per SEBI guidelines)

• Credit Rating Rationale• Board Resolutions

• For increase in borrowing limits

• For issuance of Debentures

Meeting with Investors• Executive Summary• Annual Reports• Teaser/Company

Presentations• Existing Credit Rating &

Rationale

Trustee & Registrar• Request Letter for acting

as Debenture Trustee• Request Letter for acting

as Registrar

Stock Exchange• In-Principle Approval for

Listing• Draft IM• Term Sheet• Addendum (if any

change in Term Sheet)• Trustee Consent Letter

Confirmation from Investor• Signed copy of IM• Board Resolutions• Application Form