https://www.taxtmi.com/circulars?id=58702 Issuers of listed debt securities must maintain 100% asset cover sufficient to discharge principal at all times, disclose the extent and nature of security half yearly and in annual financial statements, and submit a half yearly certificate by a practicing company secretary or chartered accountant (with specified exemptions). Trustees must counter sign a half yearly communication detailing credit rating, asset cover, debt equity ratio and payment status. Issuers must furnish a half yearly statement of deviations in use of issue proceeds and comply with prescribed half yearly financial reporting timelines. en-us Thu, 26 Nov 2009 00:00:00 +0530 Wed, 26 Dec 2018 15:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58702 Issuers of listed debt securities must maintain 100% asset cover sufficient to discharge principal at all times, disclose the extent and nature of security half yearly and in annual financial statements, and submit a half yearly certificate by a practicing company secretary or chartered accountant (with specified exemptions). Trustees must counter sign a half yearly communication detailing credit rating, asset cover, debt equity ratio and payment status. Issuers must furnish a half yearly statement of deviations in use of issue proceeds and comply with prescribed half yearly financial reporting timelines. Circulars SEBI Thu, 26 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58702