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    <title>Operational framework for transactions in defaulted debt securities post maturity date/ redemption date under provisions of SEBI (Issue and Listing of Debt Securities) Regulations, 2008</title>
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    <description>Issuers must promptly intimate payment status of debt securities; Stock Exchanges suspend trading two working days before redemption and Depositories restrict transfers on and after maturity until status is determined. If issuers do not notify, Debenture Trustees shall assess and report payment status within nine working days of maturity. Upon intimation of default, Depositories and Exchanges shall lift restrictions within two working days, flag the ISIN as &quot;ISIN-defaulted in redemption,&quot; disseminate the status, permit reporting of OTC trades with explicit default warnings, and notify account holders of the defaulted status.</description>
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      <title>Operational framework for transactions in defaulted debt securities post maturity date/ redemption date under provisions of SEBI (Issue and Listing of Debt Securities) Regulations, 2008</title>
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      <description>Issuers must promptly intimate payment status of debt securities; Stock Exchanges suspend trading two working days before redemption and Depositories restrict transfers on and after maturity until status is determined. If issuers do not notify, Debenture Trustees shall assess and report payment status within nine working days of maturity. Upon intimation of default, Depositories and Exchanges shall lift restrictions within two working days, flag the ISIN as &quot;ISIN-defaulted in redemption,&quot; disseminate the status, permit reporting of OTC trades with explicit default warnings, and notify account holders of the defaulted status.</description>
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