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of <h1>SEBI Grants First-Time Debt Issuers Six Months to Amend Articles for Debenture Trustee Nominee Appointment.</h1> The circular addresses compliance requirements for first-time issuers of debt securities under SEBI regulations. It clarifies that issuers must amend their Articles of Association to include provisions for the appointment of a person nominated by the debenture trustee. First-time issuers have requested additional time to comply due to procedural formalities and financial year-end activities. SEBI allows first-time issuers six months from the date of listing to amend their Articles, with stock exchanges obtaining an undertaking from issuers to ensure compliance. The circular is effective immediately to protect investor interests and regulate the securities market.
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