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<h1>SEBI mandates enhanced disclosure for Debenture Trustees: compensation details, payment schedules, and monthly debenture holder updates.</h1> The circular issued by the Securities and Exchange Board of India (SEBI) mandates enhanced disclosure requirements for Debenture Trustees (DTs) handling listed debt securities. It requires DTs to disclose compensation arrangements on their websites and maintain an updated calendar of interest and redemption payments. Issuers and Registrars must provide DTs with an updated list of debenture holders monthly. For privately placed issues, additional covenants include penalties for payment defaults and listing delays. These measures aim to protect investors, enhance transparency, and ensure effective communication between DTs and debenture holders. The amendments apply from May 7, 2019.