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    <title>Regulation 18 amended: trust deeds must follow prescribed format/timelines, trustees can accept deviations with issuer&#039;s summary</title>
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    <description>The securities regulator amends Regulation 18 of the non-convertible securities listing rules to require trust deeds to be executed &quot;in such format and&quot; within prescribed timelines, adds a proviso allowing debenture trustees to accept deviations from the prescribed trust-deed format if the issuer provides a key summary sheet detailing deviations and rationale in the General Information Document/Key Information Document or Shelf Prospectus, and removes the prior mandate that trust deeds be divided into two parts (Part A statutory/standard and Part B issue-specific). The amendments take effect on publication in the Official Gazette.</description>
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    <pubDate>Wed, 29 Oct 2025 18:36:13 +0530</pubDate>
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      <title>Regulation 18 amended: trust deeds must follow prescribed format/timelines, trustees can accept deviations with issuer&#039;s summary</title>
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      <description>The securities regulator amends Regulation 18 of the non-convertible securities listing rules to require trust deeds to be executed &quot;in such format and&quot; within prescribed timelines, adds a proviso allowing debenture trustees to accept deviations from the prescribed trust-deed format if the issuer provides a key summary sheet detailing deviations and rationale in the General Information Document/Key Information Document or Shelf Prospectus, and removes the prior mandate that trust deeds be divided into two parts (Part A statutory/standard and Part B issue-specific). The amendments take effect on publication in the Official Gazette.</description>
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