Milestone Trusteeship Services Private Limited (MTSL)

Milestone Trusteeship Services Private Limited (MTSL) is a SEBI Registered Debenture Trustee incorporated on 26 May 2008 under the Companies Act, 1956. MTSL is a wholly owned subsidiary of Milestone Capital Advisors Limited. MTSL provides trusteeship services for Debenture issuances, Bilateral/Consortium Loans, Alternative Investment Funds, Escrows, Securitisation Transactions, Employee Stock Option Plan Trust (ESOP), Employee Welfare Trusts (EWT), etc. MTSL's Asset Under Trusteeship is around Rs. 80,000 Crs.

MTSL's business is lead by highly qualified professionals from Trusteeship and Banking industry having combined experience/ leadership of more than 90 years. Our focus is to build Trust and relationship, provide best of the services & solution oriented advisory on transactions.

Successfully catering to the requirement of Large Corporations across diversified sectors


  • India Infoline Finance Limited
  • India Infoline Housing Finance Limited
  • IIFL Holdings Limited
  • Motilal Oswal Financial Services Limited
  • Aspire Home Finance Corporation Limited

Banks/Financial Institutions /Mutual Funds

  • State Bank of India
  • Punjab National Bank
  • Syndicate Bank
  • Bank of India
  • Oriental Bank of Commerce
  • Yes Bank Limited
  • Aditya Birla Finance Limited
  • ICICI Prudential Mutual Fund
  • HDFC Mutual Fund
  • Reliance Mutual Fund
  • RBL Limited

Insurance/Health Care

  • Life Insurance Corporation of India
  • Fortis Healthcare Holdings Private Limited

Wealth Management

  • IIFL Wealth Management Limited
  • Karvy Capital Limited


  • Chhattisgarh State Power Distribution Co. Ltd.
  • L&T Infrastructure Finance Limited
  • Power Finance Corporation Limited
  • Mumbai International Airport Private Limited
  • Bhoruka Power Corporation Limited
  • India Infrastructure Finance Company Ltd (IIFCL)

Alternative Investment Fund Manager

  • Paragon Advisor Partners LLP
  • Blume Venture Advisors Private Limited
  • Maitreyi Capital Advisors Private Limited
  • Menterra Venture Advisors Private Limited
  • First Eagle Capital Advisors Private Limited
  • Acorn Fund Consultants Private Limited
  • Zone Startup (India) Advisory Private Limited
  • Caspian Impact Investment Adviser Private Limited


  • ATS Group , Noida
  • Vilas Javdekar Developers
  • Runwal Developers
  • Landmark Housing Projects India Private Limited


  • Reliance Money solutions private limited
  • Hitachi Payment Services Private Limited
  • Future LifeStyle Fashion Limited
  • Future Retails Limited

   Our Strengths

Highly qualified team with rich experience in trustee & banking business

Strong parent brand

Ensuring high level of confidentiality

Faster turnaround time with customized solutions

Efficient internal processes

Proficiency in default management



About Milestone Capital Advisors Limited

Formed in 2007, Milestone Capital Advisors is a privately held alternative investment advisory firm in India. Milestone's investors comprise of institutions, family offices, government organizations & high net-worth individuals in India and overseas. Its Board of Directors comprises of industry luminaries who are the company's constant source of high standards of corporate governance.

With over 150 years of combined investment management experience, our teams apply their experience in a hands-on manner to ensure that the investors interests and objectives are vigorously pursued at all times.

Milestone has always relied on developing highly innovative funds in real estate, which in turn have provided unique investment opportunities as well as steady returns to its investors. It has pioneered products in private REITs and Structured debt products in real estate. Since 2007, over a short period of 5 years, Milestone has raised over Rs. 3700 crores across 9 funds. Visit Website www.milestonecapital.in

Board of Directors

Nawshir Khurody Former MD, Voltas & Tata Group veteran

Rubi Arya Executive Vice Chairman
Ashwein Arya Director, Milestone Capital Advisors
Raj Narain Bhardwaj Former CMD, LIC of India

Amit N. Dalal Executive Director, Tata Investment Corp.
V K ChopraFormer CMD, Corporation Bank & SIDBI

M. D. Mallya Independent Director