SEBI issues standardized procedure to be followed by Debenture Trustee(s)in case of ‘Default’ by Issuers of listed debt securities

The Debenture Trustee(s) shall send a notice to the investors within 3 days of the event of default by Issuers of listed debt securities through registered post/acknowledgement due or speed post/acknowledgement due or courier or hand delivery with proof of delivery as also through email as a text or as an attachment to email with a notification including a read receipt.