SEBI Proposes Replacing ‘Consent Letter’ with ‘Debenture Trustee Agreement’ in Offer Document – Equitypandit
SEBI has proposed replacing the term ‘consent letter’ with ‘debenture trustee agreement’ to improve transparency in offer documents. To enhance the disclosure of debenture trustee appointments in offer documents. This change aims to simplify and promote transparency in the appointment process of debenture trustees for securities issuance and underline their vital role in the securities…