The Securities and Exchange Board of India (SEBI) on October 27, 2026, issued a circular regarding the FAQs on Demat 2.0: Pilot Project for Tokenised Corporate Bonds.
The following has been stated: -
•The Securities and Exchange Board of India (SEBI) has extended the compliance deadline by six months, from October 27, 2026, to April 27, 2027, for debenture trustees (DTs) to comply with requirements relating to the transfer of activities outside SEBI’s regulatory purview to separate business units (SBUs).
•The extension follows industry representations highlighting operational challenges and the ongoing Expert Working Group review of the regulatory framework for debenture trustees.
•All other provisions of SEBI’s circular dated November 25, 2025, remain unchanged.
[Circular No.: HO/ (201)2026-DDHS-POD1/I/24467/2026]