https://www.taxtmi.com/circulars?id=66549 SEBI mandates that issuers unable to amend their principal charter to appoint trustee-nominated directors must give an undertaking to debenture trustees that, if events under Regulation 15(1)(e) arise, a non-executive or independent director or member of the governing body will be designated as the nominee director in consultation with the debenture trustee(s). Debenture trustees must ensure and monitor compliance; the circular is effective immediately and will be incorporated into relevant operational circulars. en-us Tue, 04 Jul 2023 00:00:00 +0530 Tue, 04 Jul 2023 18:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=66549 SEBI mandates that issuers unable to amend their principal charter to appoint trustee-nominated directors must give an undertaking to debenture trustees that, if events under Regulation 15(1)(e) arise, a non-executive or independent director or member of the governing body will be designated as the nominee director in consultation with the debenture trustee(s). Debenture trustees must ensure and monitor compliance; the circular is effective immediately and will be incorporated into relevant operational circulars. Circulars SEBI Tue, 04 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66549