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<h1>Issuers Must Execute Trust Deed in 3 Months or Pay Extra Interest Under SEBI Regulation 15</h1> Regulation 15 of the SEBI (Issue and Listing of Debt Securities) Regulations, 2008 mandates that issuers execute a trust deed in favor of the debenture trustee within three months of the issue's closure. If the issuer fails to comply, they must pay an additional interest of at least two percent per annum to the debenture holder until the deed is executed. The trust deed must include statutory information and specific details about the debt issue, as prescribed by relevant laws. It cannot limit the obligations of the issuer or trustee, nor indemnify them for negligence.