Debenture Trustee (Listed)

IDBI Trusteeship Services Limited (ITSL) provides independent and professional Debenture Trustee services for listed debentures in strict compliance with the SEBI (Debenture Trustees) Regulations, 1993, SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021 and applicable SEBI circulars. As a SEBI-registered debenture trustee, we act as a fiduciary for debenture-holders, ensuring adherence to regulatory requirements, proper execution of trust deeds, creation and perfection of security, and continuous monitoring of issuer covenants and disclosures mandated under the listing framework.

Our services include ongoing compliance oversight, timely reporting to stock exchanges and debenture-holders, monitoring of interest and redemption payments, and proactive action in the event of covenant breaches or default, in line with SEBI-prescribed processes. Through transparent communication, robust documentation and disciplined regulatory monitoring, IDBI Trusteeship Services Limited safeguards investor interests while supporting issuers in meeting their obligations under SEBI and listing regulations.

ITSL as a Debenture Trustee ensure the protection of interest of debenture holders whilst ensuring an adequate asset coverage ratio. At ITSL, we specialize in varied facets of Debenture Trustee services including creation of security within stipulated time, effective handling of investor complaints and proficient settlement of clearances on behalf of debenture holders in the event of further borrowings by the Issuer.

At ITSL, we assure you:

  • To advise Issuer Company on the mode of creation of Security.
  • To hold the Security/Charge on behalf of debenture holders and hold the security documents in safe custody.
  • To advise Issuer Company on the mode of creation of Security & registration of Debenture Trust Deed.
  • To ensure Compliance of Listing Agreement, Companies Act, 2013 & SEBI Regulations.
  • Assisting Issuer Company in various aspects.
  • Assisting in obtaining in principle approval from stock exchanges.
  • Drafting and Vetting of Documents.
  • Advising Clients on the structuring of debt instruments.
  • Follow-ups with the Issuer to ensure that it has made payment of interest/redemption of principal on a timely basis to the debenture holders.
  • Carry out Enforcement in terms of the Trust Deed and/or as may be instructed by the Debenture Holders, while complying with necessary laws and regulations.

Note: In case a complaint is not remedied promptly, the debenture-holder is advised of any further steps which may be available to the debenture holder under the regulatory system.