Mumbai, Aug. 4 -- Securities and Exchange Board of India (SEBI), has come up with revised Norms for appointment of an independent third-party reviewer/certifier for green debt security. In a draft circular for public comments, it noted that a consultation paper is issued to solicit comments/ views/ suggestions from the public on the proposal to align the requirements of appointment of an independent third-party reviewer/ certifier for green debt security with that specified for social bonds and sustainability bonds issued vide circular dated June 05, 2025.

SEBI proposed that the issuer shall appoint an independent third-party reviewer/ certifier, to ascertain that the issuance of green debt securities is in accordance with the definition...