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| NOTICES |
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| Notice No. |
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20220808-6 |
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Notice Date |
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08 Aug 2022 |
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| Category |
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Circulars Listed Companies |
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Segment |
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Debt |
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| Subject |
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Enhanced guidelines for debenture trustees and listed issuer companies on security creation and initial due diligence |
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| Attachments |
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Enhanced guidelines for debt.pdf ; |
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| Content |
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Dear Sir\Madam,
Securities and Exchange Board of India (SEBI) has issued circular No. SEBI/HO/DDHS/DDHS_Div1/P/CIR/2022/106 dated August 04, 2022, regarding Enhanced guidelines for debenture trustees and listed issuer companies on security creation and initial due diligence.
The circular is laying down revised requirements relating to encumbrance, creation of security and related due diligence by Debenture Trustees.
Provisions of the said circular will be applicable to Issuers who have listed and/ or propose to list Non-Convertible Securities, Securitised Debt Instruments, Security Receipts, Municipal Debt Securities or Commercial Paper.
The aforesaid circular is attached for reference.
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Ashok Kumar Singh
DGM-Listing Compliance
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Aarti Kothari
Manager-Listing Compliance
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