Chapter III-C · Corporate Debt Market Development Fund
Regulation 19T
Prohibition of Listing
Chapter III-C · Corporate Debt Market Development Fund
SEBI (Alternative Investment Funds) Regulations, 2012
In plain English
In plain English
Units of the CDMDF cannot be listed on a stock exchange.
Where this sits
Regulation 19T is in Chapter III-C — Corporate Debt Market Development Fund of the SEBI (Alternative Investment Funds) Regulations, 2012.
Provisos, explanations and conditions
This regulation has no provisos or explanations in its text. Check Connections for other provisions it refers to.
What changed
No change to this regulation by the 2026 amendments (No. 303 of 16 April 2026 and No. 313 of 10 July 2026).
Where it connects
The text of this regulation does not refer to other numbered regulations.
Chapter
Check yourself
1 practice question on Regulation 19T, each with an explanation for every option.
- True or false: units of the Corporate Debt Market Development Fund can be listed.
The regulation
19T. The units of the Corporate Debt Market Development Fund shall not be listed on any recognised stock exchange.
Text from the consolidated Regulations. Square brackets and [***] mark earlier amendments and omissions, as in the official text. Check the official Gazette text before relying on it.
Last checked against source on 10 October 2026: consolidated Regulations to 19 November 2025, read with Amendment Regulations No. 303 (16 April 2026) and No. 313 (10 July 2026).
Source and verification
- Instrument
- SEBI (Alternative Investment Funds) Regulations, 2012 — Regulation 19T
- Text used
- Consolidated Regulations as amended up to 19 November 2025, read with the 2026 amendments (no change to this regulation)
- Last checked
- 10 October 2026
- Official source
- www.sebi.gov.in → Legal → Regulations. The Gazette text prevails.

Work with Prashant Kumar
Structuring or running an AIF?
Advice on registration, PPM filing, investor on-boarding and ongoing compliance under the AIF Regulations.