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

NSE - Reiteration of SEBI Circular regarding the timely submission of information by the Issuer to the Debenture Trustee(s)

27-Nov-2025 | NSE/CML/2025/10

NSE has Reiterated SEBI circular regarding the timely submission of information by the Issuer to the Debenture Trustee(s).

By virtue of this circular, SEBI sets timelines for issuers to submit information and certificates to Debenture Trustees (DTs) to ensure continuous due diligence under the SEBI (Debenture Trustees) Regulations, 1993.

Key Highlights:
- Issuers must provide security cover certificates, A statement of value of pledged securities, A statement of value for Debt Service Reserve Account or any other form of security offered, quarterly basis within 60 days from end of each quarter except last quarter when submission is to be made within 75 days.
- Net worth certificate of guarantor in case debt securities are secured by way of personal guarantee), Half yearly basis within 60 days from end of each half-year.
- Financials/value of guarantor prepared on basis of audited financial statement etc. of the guarantor (secured by way of corporate guarantee), Annual basis within 60 days from end of each financial year.
- Valuation report and title search report for the immovable/ movable assets, as applicable, Once in three years within 60 days from the end of the financial year.

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