Notification / Circular No – F. No. SEBI/LAD-NRO/GN/2025/270 dated October 22, 2025
Applicable Act/Rule: Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Applicable Section/Rule – Regulation 56(1)
The 2015 LODR Regulations impose obligations on listed entities for disclosure to trustees of debt securities (debenture trustees) and other stakeholders. Regulation 56 requires listed entities to forward specified information and documents to debenture trustees.
The amendment substitutes for Regulation 56(1) the following wording:
“shall, as soon as possible, and in any case not later than twenty-four hours from the occurrence of the event or receipt of information, unless otherwise specified, forward the following to the debenture trustee”
This replaces the earlier phrase “shall forward the following to the debenture trustee promptly”.
Consequently, a definite 24-hour timeline is mandated for forwarding specified information to the debenture trustee, unless a different timeline is specified elsewhere.
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