New Delhi, Oct. 28 -- The Securities and Exchange Board of India (Sebi) has issued a series of proposals to improve the ease of doing business for high-value debt listed entities.

In its consultation paper released on 27 October, the markets regulator has recommended increasing the threshold for companies that qualify as high-value debt listed entities while changing several norms for the board of directors of such companies.

Mint breaks down the proposed reforms and what it means for the Indian corporate bond market.

High-value debt listed entities (HVDLEs) are companies or entities that have listed debt securities on a stock exchange and have an outstanding value of listed debt securities of Rs.1000 crore or more.

This classificatio...