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Corporate Laws Central Ministry of Finance Securities and Exchange Board of India Act, 1992

Master Circular for Debenture Trustees (DTs)

13-Aug-2025 | SEBI/HO/DDHS-PoD-1/P/CIR/2025/117

SEBI has issued the Master Circular for Debenture Trustees to enable the Debenture Trustees and other market stakeholders to get access to all the applicable circulars in one place.

Key Highlights are as follows:
1. The online application for registration, processing of application, grant of final registration, application for surrender/ cancellation, submission of periodical reports, requests for change of name/ address/ other details of Debenture Trustee shall be made through SEBI Intermediary Portal at https://siportal.sebi.gov.in.
2. Now, Debenture Trustee shall use the SEBI-enabled digital mode of payment RTGS/ NEFT/ IMPS for the payment of fees/ penalties/ remittance/ other payments.
3. In case of issuance of unsecured debt securities, Issuer shall submit a Due Diligence Certificate obtained from the Debenture Trustee in the format specified in Annex-IIC and Annex-IID at the time of filing the draft offer document with the stock exchanges and filing of listing application, respectively.
4. The Investor Charter shall be disseminated by all the registered Debenture Trustee on their websites/through e-mail, and displayed at prominent places in the office.

Kindly refer to the attached document for more information.

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