SEBI, vide circular, has extended the timeline for compliance with Regulation 9C of the SEBI (Debenture Trustees) Regulations, 1993, which requires debenture trustees to segregate non-SEBI regulated activities into separate business units. Considering industry representations regarding
operational challenges, an additional six months has been granted, and the revised deadline for compliance is now October 27, 2026. All other provisions of the earlier SEBI circular dated November 25, 2025 remain unchanged.
