Anzen India Energy Yield Plus Trust543655Compliance status update

Security cover certificate for the September 2026 quarter shared under Reg. 54

Anzen India Energy Yield Plus Trust has shared its quarterly Security Cover Certificate for the quarter ended September 30, 2026 with BSE and NSE.

By ScoutQuest · Fri 30 Oct 2026, 7:27 PM IST · 2 min read

Security Cover: hundred percent security cover or higher as on September 30, 2026
Auditor Conclusion: unmodified conclusion by statutory auditors SRBC & Co LLP
Debentures Covered: Series C and Series D, each with face value of Rs. 100,000

Anzen India Energy Yield Plus Trust has submitted its Security Cover Certificate for the quarter ended September 30, 2026 to BSE and NSE, as required for its listed debt securities.

What the update says

The trust has maintained its 'Security Cover' for the quarter ended September 30, 2026 as per the terms and conditions of its Debenture Trust Deeds.
The certificate comes from the statutory auditors, SRBC & Co LLP, and is addressed to the Debenture Trustee, Catalyst Trusteeship Limited.
The auditors state they issued an unmodified conclusion dated October 30, 2026 on the trust's unaudited standalone financial results for the period ended September 30, 2026.

The debt being covered

Secured listed non-convertible debentures of two series, Series C and Series D, each with a face value of Rs. 100,000.
Series C is covered by agreements dated February 18, 2025 and Series D by agreements dated November 6, 2025, entered into with the Debenture Trustee.

What the auditors reviewed

Whether the trust maintained hundred percent security cover or higher as on September 30, 2026, as per the Debenture Trust Deeds.
Whether the book values of assets in the statement agree with the books of account.
Whether the trust complied with the covenants in the Debenture Trust Deeds as on September 30, 2026.
The auditors also record that the Debenture Trust Deeds do not prescribe a minimum security cover for these secured listed non-convertible debentures.

How the security is built

The security includes a pari-passu pledge of shares and other instruments held by the trust in its subsidiary and special purpose vehicle companies.
The enterprise value of the subsidiaries, from a valuation report of an independent registered valuer, has been used for computing the security cover, as agreed with the Debenture Trustee.

Scope of the certificate

This is a limited assurance engagement, not a full audit; the auditors state that the level of assurance obtained is lower than in a reasonable assurance engagement.
Debt Service Coverage Ratio compliance was tested by CA Ketan Shah, Ketan C. Shah & Co. Chartered Accountants through certificates dated July 30, 2026 and October 28, 2026, and the auditors relied on those certificates.

How to read this

A security cover certificate shows whether the assets held against a debt issue are adequate to meet the principal and interest on it. It is a periodic disclosure for holders of the trust's listed debt securities. The update records the maintenance of security cover and an unmodified auditor conclusion as on September 30, 2026.

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