Bank is registered with SEBI for handling of the Debenture Trustee assignments – registration No.IND000000023
In terms of SEBI guidelines, all debenture issues (public/rights) of the companies with the maturity period exceeding 18 months are required to have "Debenture Trustee" and its name must be stated in the prospectus of the issue.
Dissemination of information on Debentures in default:
|
S.No |
Name of the Issuer Company |
Default, if any, to pay interest or redemption amount |
Failure to create a charge on the assets |
Revision of rating assigned to the debenture |
|
1 |
M/s. Paam Pharmaceuticals (Delhi) Ltd. |
Yes, there was defaults both in interest and redemption – BIFR case 310/1998. |
No failure |
Not Applicable |
|
2 |
M/s. Partap Steel Rolling Mills Ltd. |
Yes, there was defaults both in interest and redemption - BIFR case 90/1995. |
No failure |
Not Applicable |
|
3 |
M/s. Rajender Pipes Ltd. |
Yes, there was defaults both in interest and redemption. Bank also filed its claim with official liquidator Allahabad Petition No.486/2001. |
No failure |
Not Applicable |
|
4 |
M/s. BST Mfg. Co. Ltd. |
Yes, there was defaults both in interest and redemption - BIFR case 57/1990. |
No failure |
Not Applicable |
Compliance: Report of Debenture Trustee for half year ended 31.03.2024
Click Here Section I, Section II, Section III