Enhanced disclosure in case of listed debt securities

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..... All recognized Stock Exchange(s) Dear Sir/Madam, Subject: Enhanced disclosure in case of listed debt securities With a view to further secure the interests of investors in listed debt securities, enhance transparency and to enable Debenture Trustees (DTs) to perform their duties effectively and promptly, pursuant to public consultation, amendments to the existing reg .....

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..... tion due to the debenture holders in respect of all issues during a financial year within 5 working days of start of financial year. DTs shall also update such details for any new issues handled during the financial year within 5 days of closure of the Issue. b. DTs shall also update the status of payment ISIN-wise against such issuers not later than 1 day from the due date. In case the p .....

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..... s part of the Issue Details in the summary term sheet, as per the agreement between the issuer and investor: i. Default in Payment: In case of default in payment of Interest and/or principal redemption on the due dates, additional interest of atleast @ 2% p.a. over the coupon rate shall be payable by the Company for the defaulting period ii. Delay in Listing: In case of delay in .....

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