Sebi extends deadline for debenture trustees to comply with norms till April 2027

What happened: Sebi extended the deadline for debenture trustees to comply with Regulation 9C, which requires transferring non-Sebi-regulated activities to separate business units, to April 27, 2027. Key numbers: The provision was introduced through amendments notified on October 27, 2025. Why it matters: Sebi cited the EWG's comprehensive review of the regulatory framework for debenture trustees, including the SBU framework, and representations from DT Associations on implementation challenges.

Sebi extended the deadline for debenture trustees to comply with Regulation 9C, which requires transferring non-Sebi-regulated activities to separate business units, to April 27, 2027.

Sebi cited the EWG's comprehensive review of the regulatory framework for debenture trustees, including the SBU framework, and representations from DT Associations on implementation challenges.