# Sebi proposes higher ISIN cap to ease debt repayment pressure

2026-08-10T14:34:56+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Sebi has proposed raising the cap on debt securities maturing in a single financial year from 14 to 17 ISINs for privately placed bonds. The move, outlined in a consultation paper on Monday, allows up to 12 ISINs for plain vanilla debt and five for structured instruments. Large issuers whose outstanding plain vanilla debt reaches Rs 15,000 crore can get one additional ISIN per Rs 3,000 crore. The regulator also wants to scrap the mandatory listing of all unlisted non-convertible debt issued after January 2024 when a company first lists its debt. This follows feedback that the existing rule raised costs and deterred new listings. Listed debt as a share of total fell from 80.81% in September 2023 to 76.55% as of June 2026. Public comments are open until 31 August.

## Coverage

- livemint.com <https://www.livemint.com/market/bonds/sebi-proposes-more-room-for-companies-to-spread-out-debt-repayments-11786364257580.html>
- thehindubusinessline.com <https://www.thehindubusinessline.com/markets/sebi-proposes-raising-isin-maturity-cap-easing-debt-listing-norms/article71329097.ece>

Tags: corporate bonds, debt securities, liquidity management, NBFCs, regulatory reform, SEBI
Canonical: https://indianopinion.org/sebi-proposes-easing-debt-repayment-norms-for-companies/
License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources.
Cite: https://indianopinion.org/sebi-proposes-easing-debt-repayment-norms-for-companies/#story-in-brief

Review state: restored archive article, accurate at time of publication, not offered to search indexes.