SEBI Issues the Operational Circular in Regard to Debenture Trustees

SEBI Issues the Operational Circular in Regard to Debenture Trustees

On 31st March 2023, the Securities Exchange Board of India (SEBI) issued a notification regarding the Operational Circular for Debenture Trustees.

The provisions of the Operational Circular shall come into force with effect from 01st April 2023.

It states that A single operational circular has been prepared by consolidating all applicable circulars to remove inconsistencies and repetitions through consequent changes.

It states that the stipulations in such circulars have been detailed chapter-wise in this operational circular.

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