The Trustee
Beacon Trusteeship Limited a company incorporated under the Companies Act, 2013, and having its registered office at 4C & D Siddhivinayak Chambers, Gandhi Nagar, Opposite MIG Cricket Club, Bandra (East), Mumbai – 400051, has been appointed as trustee of the Trust under the Indenture.
The Trustee is appointed to manage the Trust Fund / property of the Trust in accordance with the Indenture. The Trustee has appointed the Investment Manager and delegated its functions of managing and administering the Trust Fund in accordance with the Investment Management Agreement. The Trustee shall ensure compliance with the Regulations and submitting reports to SEBI on the occurrence of any violation of the Regulations. The Trustee shall be responsible for such other duties as specified under the Indenture. The Investment Manager and Trustee of the Fund shall ensure compliance by the Fund with the code of conduct as specified under the Regulations.
The aim of the fund management team is to achieve significant capital appreciation and value unlocking by the mentorship and guidance extended to the Investee Companies facing the challenge of effecting immediate and significant change under turn-aroundsituations.
These include operational and financial turn-arounds, recapitalisation, and situations arising from lack of access to capital.
The expertise of the fund management team enables the company to such investments through equity, quasi equity, equity linked instruments, debt linked instruments, convertible debt instruments and
other long-term instruments such as preference shares, conditional/convertible debentures, other unlisted securities by taking stake with significant influence over their strategic and operational decisions.