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<h1>Companies Can Issue Secured Debentures with Up to 30-Year Redemption for Infrastructure Projects Under 2014 Rules</h1> Under the Companies (Share Capital and Debentures) Rules, 2014, companies can issue secured debentures with a redemption period not exceeding ten years unless they are involved in infrastructure projects, in which case the period can extend up to thirty years. The issuance must be secured by a charge on company assets and involve a debenture trustee to protect debenture holders' interests. Debenture trustees must meet specific criteria and have duties such as ensuring compliance with debenture terms and protecting debenture holders' interests. Companies must also maintain a Debenture Redemption Reserve, with specific exemptions for certain financial institutions.