The Securities and Exchange Board of India vide its notification dated 3rd May 2021 has granted Relaxation in timelines for compliance with regulatory requirements by Debenture Trustees due to the CoVID-19 pandemic.
SEBI has extended the timeline for submission of Asset cover Certificate, Net worth certificate of guarantor, a statement of value of pledged securities, Valuation report and title search report for the immovable/movable assets etc., till 15th July 2021.
Further SEBI has granted time till 15th July 2021 to Debenture Trustees to make disclosure on their websites about monitoring of asset cover certificate and quarterly compliance report of the listed entity.
