Debenture trustees are not allowed to act as trustees for digital gold: SEBI
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- By Chetan Kulasri
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- Last Updated on 25 February, 2026
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PRESS RELEASE NO. 32/2021, Dated 03.11.2021
The SEBI has noticed that some registered Debenture Trustees (DT) are undertaking activities related to unregulated products such as acting as a trustee for digital gold and such is not in accordance with the provisions of the SEBI Act, 1992. As a result, SEBI has advised DT to disassociate themselves from undertaking activities related to unregulated products such as digital gold.
In addition to foregoing, any dealing in activities related to the unregulated product by Debenture Trustees may entail action as deemed appropriate under the SEBI Act, 1992 and regulations framed thereunder.
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