The Securities and Exchange Board of India (SEBI) on April 28, 2026, notified regarding the Extension of the timeline for compliance with terms and conditions by Debenture Trustees for carrying out activities outside the purview of SEBI.
The following has been stated:
• It has extended the compliance timeline for amendments made to the SEBI (Debenture Trustees) Regulations, 1993, notified on October 27, 2025. These amendments introduced Regulation 9C, requiring Debenture Trustees (DTs) to segregate non-SEBI-regulated activities into separate business units within a specified timeframe. Initially, DTs were given six months to comply, with support from an operational framework issued on November 25, 2025.
• However, due to industry-reported operational challenges in setting up systems and processes, SEBI has granted an additional six months, extending the deadline to October 27, 2026.
• All other provisions of the earlier circular remain unchanged.
[Notification no. - HO/(201)2026-DDHS-POD1 I/10421/2026]
