{"id":57919,"date":"2022-04-27T12:29:29","date_gmt":"2022-04-27T06:59:29","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?page_id=57919"},"modified":"2022-04-27T12:29:30","modified_gmt":"2022-04-27T06:59:30","slug":"sebi-issues-guidelines-for-covenant-monitoring-through-dlt","status":"publish","type":"page","link":"https:\/\/enterslice.com\/learning\/whitepapers\/sebi-issues-guidelines-for-covenant-monitoring-through-dlt\/","title":{"rendered":"SEBI issues Guidelines for covenant monitoring through DLT"},"content":{"rendered":"<p>The Security and Exchange Board of India has issued guidelines for security and covenant monitoring using Distributed Ledger Technology (DLT). The <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Market&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;A market is a structured environment, either physical or virtual, where buyers and sellers convene to trade goods and services. This trading hub operates based on the principles of supply and(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/market\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>market<\/a> regulator has given an extension to issuers who have not been able to record the details in the system. On the other hand, the existing outstanding non-convertible issuers must fill in their details in DLT before the end of September.<\/p>\n\n\n\n<p>From April 01 2022, DLT systems shall enable the recording of asset details, <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Allotment&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;An allotment is the systematic distribution of business resources, often pertaining to the distribution of shares during initial public offerings (IPOs) to underwriting firms or to new and(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/allotment\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>allotment<\/a>, listing and payment of Interest or redemption.<\/p>\n\n\n\n<p>The guidelines state that intending to guarantee the uniqueness of the issuer&rsquo;s assets that are offered as security, SEBI has infused various parameters into the system for proper validation and duplicate checks depending upon the asset type. The system shall also eliminate duplicate entries for debenture trustees every year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Security and Exchange Board of India has issued guidelines for security and covenant monitoring using Distributed Ledger Technology (DLT). The <a class=\"glossaryLink\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Market&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;A market is a structured environment, either physical or virtual, where buyers and sellers convene to trade goods and services. This trading hub operates based on the principles of supply and(...)&lt;\/div&gt;\" href=\"https:\/\/enterslice.com\/learning\/terms\/market\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>market<\/a> regulator has given an extension to issuers who have not been able to record the details in the system. On the other hand, the existing outstanding non-convertible issuers must fill in their details [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":57921,"parent":15144,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"download-newsletter.php","meta":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SEBI issues Guidelines for covenant monitoring through DLT - Enterslice<\/title>\n<meta name=\"description\" content=\"The Security and Exchange Board of India has issued guidelines for security and covenant monitoring usingDistributed Ledger Technology (DLT).\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/whitepapers\/sebi-issues-guidelines-for-covenant-monitoring-through-dlt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SEBI issues Guidelines for covenant monitoring through DLT - Enterslice\" \/>\n<meta property=\"og:description\" content=\"The Security and Exchange Board of India has issued guidelines for security and covenant monitoring usingDistributed Ledger Technology (DLT).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/whitepapers\/sebi-issues-guidelines-for-covenant-monitoring-through-dlt\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:author\" content=\"enterslice\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-27T06:59:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2022\/04\/SEBI-issues-Guidelines-for-covenant-monitoring-through-DLT-GANESH.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"670\" \/>\n\t<meta property=\"og:image:height\" content=\"352\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/57919"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=57919"}],"version-history":[{"count":0,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/57919\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/15144"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/57921"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=57919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}