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<h1>SEBI Authorized to Issue Clarifications on Debenture Trustees Regulations 1993 via Circulars Since 2003 Amendment</h1> The Securities and Exchange Board of India (SEBI) has the authority to issue clarifications or guidelines to address any difficulties related to the application or interpretation of the Debenture Trustees Regulations, 1993. These clarifications or guidelines can be provided in the form of circulars. This power was incorporated into the regulations through an amendment effective from July 4, 2003.