Issue of NCDs

Dear All,

Ours is a listed company and planning to issue Secured Non-Convertible debentures to one of its associate company for a period of 17 months. These debentures are secured by a charge on immoveable property. Kindly provide me a list of compliances required for the same. These debentures are not to be listed on the Stock Exchange.

Thanks & Regards,
Shreya Shah

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1 Replies

Shreya Shah (Company Secretary) 18 December 2009

Dear All,

Please reply to my query as above. Its very urgent. I just wanted to know whether since there is only one party to whom NCD is to be issued, whether it is mandatory to appoint Debenture Trustee.

Regards,

shreya shah