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<h1>SEBI Strengthens Debt Instrument Oversight with Enhanced Disclosure Rules for Trustees and Special Purpose Entities</h1> The Securities and Exchange Board of India issued a second amendment to listing obligations and disclosure requirements regulations in 2025. The amendment introduces new provisions for securitized debt instruments, including SCORES registration at trustee level and mandatory annual disclosures about outstanding litigations, material developments, and servicing obligation defaults by special purpose distinct entities or trustees to stock exchanges.