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<h1>SEBI Issues Guidelines for Debenture Trustees on Monitoring Payments and Reporting Defaults to Credit Rating Agencies.</h1> The circular issued by SEBI provides guidelines for Debenture Trustees (DTs) on monitoring the repayment of interest and principal by issuer companies and sharing this information with Credit Rating Agencies (CRAs). DTs must verify payment status before due dates and communicate any defaults or delays to CRAs. They must also ensure timely disclosure of payment status on stock exchange websites and report non-compliance to SEBI. DTs are required to call for periodic reports from issuer companies and disclose default information publicly. Compliance with these provisions must be reported in the Half Yearly Report to SEBI.