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Banking & Financial Services

26 January 2021
Anand Shah Revamped debenture regime – SEBI's latest amendments

India - AZB & Partners

The Securities and Exchange Board of India recently issued several amendments and clarificatory circulars in respect of debenture issuance in India in order to enhance the transparency of disclosures by issuers, strengthen the role of debenture trustees (DTs) and protect the interests of investors. These changes reflect a paradigm shift with respect to the role envisaged for DTs, while issuers are also now subject to a much stricter regime.

Authors: Anand Shah, Hufriz Wadia, Neeraj Nainani
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