Reporting of information on a quarterly basis
Summary
SEBI mandates that Debenture Trustees submit quarterly activity reports in electronic format only, effective from the quarter ending June 30, 2008. The reports must be sent via email to dt@sebi.gov.in in both PDF and Excel formats with specific naming conventions for the subject line and attachments. Trustees are exempt from submitting reports for any quarter if they have no reportable activities under the specified circulars.
Text
Vide circular no. 2(1999-2000) dated April 19, 1999 and Circular No. MIRSD/DPS2/DT/CIR-2/2004 dated March 9, 2004, SEBI had advised all Debenture Trustees to submit information pertaining to their activities on a quarterly basis as per the format prescribed in the aforementioned circulars.
Beginning from the quarter ending June 30, 2008, the debenture trustees shall submit the quarterly reports to SEBI in electronic form only... Thus, Debenture Trustees who have to report information shall send two files by e-mail – one file in pdf format and the other in excel format on a quarterly basis. In respect of those Debenture Trustees who have no information to submit during a particular quarter... such Debenture Trustees need not furnish any report to SEBI for that quarter.
The pdf/excel files containing the quarterly report shall be sent to email id dt@sebi.gov.in with the title “Quarterly report submitted by aaa for the quarter ended xxx yyyy”... Also, the attached pdf/excel file containing the quarterly report shall bear the name of the debenture trustee as well as the month at the end of the quarter and the corresponding year. The report submitted shall also be duly certified by the compliance officer.
The other terms and conditions mentioned including the time schedule for submission of the quarterly reports mentioned in our Circulars No. 2 (1999-2000) dated April 19, 1999 and Circular No. MIRSD/DPS2/DT/CIR-2/2004 dated March 9, 2004 shall remain unchanged.
This circular is being issued in exercise of the powers conferred under Section 11 (1) of Securities and Exchange Board of India Act, 1992.
Source: SecMarx — Reporting of information on a quarterly basis. Verbatim text is public record; SecMarx structuring (linkage to applying orders) is cited to us.