The circular clarifies REF usage for legal enforcement in case of defaults, allowing trustees to reimburse specified expenses without prior holder approval. It improves operational efficiency and ...

The circular comes into immediate effect and aims to strengthen investor protection and transparency in the functioning of Debenture Trustees.

New Delhi: Issuing detailed guidelines for Debenture Trustees (DTs), Sebi on Tuesday said that they need to have a separate business entity for carrying out non-Sebi regulated financial activities.In ...

https://www.thehindubusinessline.com/markets/sebi-orders-debenture-trustees-to-ring-fence-activities-not-under-its-purview/article70322625.ece Copy Securities and ...

Trustees must maintain accounts, update holders annually, and submit auditor certificates to the stock exchange before REF reimbursements, improving transparency and ...