Monitoring and Periodical reporting of the compliance with the requirements pertaining to ‘Security and Covenant Monitoring’ system hosted by Depositories

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..... truments, Security Receipts, Municipal Debt Securities or Commercial Paper; Recognized Stock Exchanges; All Debenture Trustees registered with SEBI; All Credit Rating Agencies registered with SEBI; All Depositories registered with SEBI Madam/ Sir, Sub: Monitoring and Periodical reporting of the compliance with the requirements pertaining to 'Security and Covenant Monitoring' system hosted b .....

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..... nd shall also bring to the notice of SEBI, any instances of noncompliance, on a quarterly basis, not later than one month from the end of the quarter, in the format specified as under: ISIN Stakeholders involved & their status of compliance Reference to the provision of the relevant circulars pertaining to non-compliance Reasons/ remarks for such non-compliance Date of compliance / expec .....

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..... tion 20 of SEBI (Credit Rating Agencies) Regulations, 1999 to protect the interest of investors in securities and to promote the development of, and to regulate, the securities market. 5. This circular is available on SEBI website at www.sebi.gov.in under the categories "Legal Framework" and "Circulars". Yours faithfully, Pradeep Ramakrishnan General Manager Department of Debt & Hybrid Securi .....

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