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Listen to this article in summarized format Under Regulation 9C of the Sebi (Debenture Trustees) Regulations, 1993, a debenture trustee holding a valid certificate of registration is required to transfer activities not regulated by the Securities and Exchange Board of India (Sebi) to separate business units within a prescribed timeline. The provision was introduced through amendments notified on October 27, 2025, to provide clarity on the scope of activities permitted for debenture trustees. Sebi had initially given six months for compliance. Subsequently, in April 2026, the regulator granted an additional six months, extending the deadline to October 27, 2026, following industry representations highlighting operational challenges in establishing the necessary systems and processes. In its latest circular on Tuesday, Sebi has "decided to grant an additional period of six months (i.e. up to April 27, 2027) to DTs for ensuring compliance with the said requirements". The additional extension was granted in view of a comprehensive review of the regulatory framework for debenture trustees being undertaken by an Expert Working Group (EWG) constituted in June 2026. The working group is examining the existing regulatory framework applicable to debenture trusteeship activities, including aspects related to the Separate Business Unit (SBU) framework, as well as other incidental matters. The regulator also considered representations from debenture trustee associations highlighting challenges in implementing the SBU-related guidelines. "Considering that the EWG is undertaking a comprehensive review of the regulatory framework for DTs, including aspects related to the SBU framework, and further representations received from DT Associations highlighting the challenges in the implementation of SBU-related guidelines, the EWG decided to grant an additional period of six months (i.e. up to April 27, 2027) to DTs for ensuring compliance with the said requirements," Sebi said. (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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