SEBI has issued a Consultation paper on streamlining disclosure in respect of appointment of Debenture Trustee (DT) in the offer document. Based on the recommendations of working group on ease of doing business and subsequent deliberations with Corporate Bonds and Securitization Advisory Committee public comments are invited in respect of the following proposal:
- The debenture trustee agreement (DTA) shall be made accessible to investors using ‘QR code’ in the offer document and the DTA shall be used in place of consent letter.
The comments/ suggestions should be submitted online through the following mode latest by, 2024.
