{"id":61830,"date":"2022-12-21T16:22:09","date_gmt":"2022-12-21T10:52:09","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?page_id=61830"},"modified":"2024-06-03T12:07:44","modified_gmt":"2024-06-03T06:37:44","slug":"sebi-issues-circular-for-clarification-of-guidelines-for-debenture-trustees-and-listed-issuer-companies-on-security-creation-and-initial-due-diligence","status":"publish","type":"page","link":"https:\/\/enterslice.com\/learning\/whitepapers\/sebi-issues-circular-for-clarification-of-guidelines-for-debenture-trustees-and-listed-issuer-companies-on-security-creation-and-initial-due-diligence\/","title":{"rendered":"SEBI Issues Circular for Clarification of Guidelines for Debenture Trustees and Listed Issuer Companies on Security Creation and Initial Due Diligence"},"content":{"rendered":"<p>On 19th December 2022, the Securities Exchange Board of India (SEBI) issued a Circular in regard to a previously issued Circular No. &ndash; SEBI\/HO\/DDHS\/DDHS_Div1\/P\/CIR\/2022\/106 on &ldquo;Enhanced Guidelines for Debenture Trustees and Listed Issuer Companies on Security Creation and Initial Due Diligence&rdquo; , issued on 04th August 2022.<\/p>\n\n\n\n<p>The Circular states that SEBI has received Representations from Depositories and <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> participants seeking clarifications in regard to para A.3 and para A.4.6 of the previously issued Circular, particularly if the new ISIN is to be allocated under &ndash;<\/p>\n\n\n\n<ul>\n<li>A change in the underlying security,<\/li>\n\n\n\n<li>Creation of additional security, or<\/li>\n\n\n\n<li>Creation of security in case of unsecured debt securities.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>On 19th December 2022, the Securities Exchange Board of India (SEBI) issued a Circular in regard to a previously issued Circular No. &ndash; SEBI\/HO\/DDHS\/DDHS_Div1\/P\/CIR\/2022\/106 on &ldquo;Enhanced Guidelines for Debenture Trustees and Listed Issuer Companies on Security Creation and Initial Due Diligence&rdquo; , issued on 04th August 2022. The Circular states that SEBI has received Representations [&hellip;]<\/p>\n","protected":false},"author":61,"featured_media":61841,"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>Circular by SEBI Providing Clarifications on Guidelines for Debenture Trustees and Listed Issuer Companies Regarding Security Creation and Initial Due Diligence<\/title>\n<meta name=\"description\" content=\"The SEBI issued a Circular on &quot;Enhanced Guidelines for Debenture Trustees and Listed Issuer Companies on Security Creation and Initial Due Diligence&quot;.\" \/>\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-circular-for-clarification-of-guidelines-for-debenture-trustees-and-listed-issuer-companies-on-security-creation-and-initial-due-diligence\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Circular by SEBI Providing Clarifications on Guidelines for Debenture Trustees and Listed Issuer Companies Regarding Security Creation and Initial Due Diligence\" \/>\n<meta property=\"og:description\" content=\"The SEBI issued a Circular on &quot;Enhanced Guidelines for Debenture Trustees and Listed Issuer Companies on Security Creation and Initial Due Diligence&quot;.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/whitepapers\/sebi-issues-circular-for-clarification-of-guidelines-for-debenture-trustees-and-listed-issuer-companies-on-security-creation-and-initial-due-diligence\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-03T06:37:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2022\/12\/MicrosoftTeams-image-55.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"920\" \/>\n\t<meta property=\"og:image:height\" content=\"483\" \/>\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\/61830"}],"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\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=61830"}],"version-history":[{"count":1,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/61830\/revisions"}],"predecessor-version":[{"id":86611,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/61830\/revisions\/86611"}],"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\/61841"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=61830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}