https://www.taxtmi.com/circulars?id=65470 The circular mandates use of a DLT platform to record and monitor assets securing non-convertible securities, requiring a system-generated unique Asset ID in a prescribed 12-character format, with issuers entering asset details once and depositories performing duplicate/near-duplicate checks based on common and asset-specific parameters. Issuers and debenture trustees must verify alerts, trustees must annually reconcile assets and remove duplicates, issuers must report events reducing security cover as trigger events immediately, and required credit rating information must be uploaded and validated on the platform. en-us Tue, 29 Mar 2022 00:00:00 +0530 Wed, 30 Mar 2022 17:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=65470 The circular mandates use of a DLT platform to record and monitor assets securing non-convertible securities, requiring a system-generated unique Asset ID in a prescribed 12-character format, with issuers entering asset details once and depositories performing duplicate/near-duplicate checks based on common and asset-specific parameters. Issuers and debenture trustees must verify alerts, trustees must annually reconcile assets and remove duplicates, issuers must report events reducing security cover as trigger events immediately, and required credit rating information must be uploaded and validated on the platform. Circulars SEBI Tue, 29 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/circulars?id=65470