https://www.taxtmi.com/highlights?id=104439 Master Circular consolidates the regulatory framework for debenture trustees and rescinds the earlier master circular while preserving prior actions, rights, liabilities, penalties, proceedings and pending applications. It requires portal-based registration requests and prior approval for change in control, and regulates business transfers, surrender, regulatory communications, and non-regulated activities through ring-fenced separate business units. Trustees must independently conduct security due diligence, issue prescribed certificates, validate charge creation and registration, and continuously monitor security cover, covenants, payments, ratings and defaults through the depository-hosted Security and Covenant Monitoring System. Issuers..... en-us Thu, 01 Oct 2026 07:46:57 +0530 Thu, 01 Oct 2026 07:46:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=104439 Master Circular consolidates the regulatory framework for debenture trustees and rescinds the earlier master circular while preserving prior actions, rights, liabilities, penalties, proceedings and pending applications. It requires portal-based registration requests and prior approval for change in control, and regulates business transfers, surrender, regulatory communications, and non-regulated activities through ring-fenced separate business units. Trustees must independently conduct security due diligence, issue prescribed certificates, validate charge creation and registration, and continuously monitor security cover, covenants, payments, ratings and defaults through the depository-hosted Security and Covenant Monitoring System. Issuers..... Highlights SEBI Thu, 01 Oct 2026 07:46:57 +0530 https://www.taxtmi.com/highlights?id=104439