Pay interest and redemptions on listed debt securities

Schedule interest and redemption dates for each listed debenture and commercial paper series, and pay holders on the record-date beneficiary list against bank credit confirmation. Treasury and Secretarial can confirm payment status to the exchanges and trustee and disclose any delay or default immediately.

Starts when

Each interest or redemption due date on a listed debt security, and each quarter end for security cover and covenant reporting.

Runs: Per payment date; monthly or more often for active issuers.

People in the process

TTreasuryProcess Owner
SSecretarialParticipating Team
RRegistrar and Transfer AgentParticipating Team
FFinanceParticipating Team

The process is a starting point. The standards are yours.

Configure for the listed entity, instruments and applicable SEBI listing requirements. Materiality, disclosure timing and publication decisions remain with authorised reviewers.

Keep the work connected.

Secretarial

Assess and disclose material events to stock exchanges

Test each event reported by business units against the deemed-material list and materiality policy, logging when it became known and when it was filed. Secretarial can file complete exchange disclosures and show the board why each event was or was not disclosed.

BKLI

Secretarial

Approve related party transactions and track them against limits

Check each proposed related party deal against the related party list, arm's length pricing and cumulative materiality, then track actual transactions against approved limits. Secretarial can obtain audit committee and shareholder approval before commitment and file accurate half-yearly disclosures with the exchanges.

BFAB

Secretarial

Control insider information and trading by designated persons

Record every sharing of unpublished price-sensitive information in the structured digital database, and compare designated persons' holdings from registrar data against trading-window closures and pre-clearances. The compliance officer can catch closed-window, contra and unreported trades and report code of conduct violations to the exchanges.

FLAB

Explore all Listed companies processes.

Order for the work. Room for the people.