diff --git a/cmd/bucket-lifecycle.go b/cmd/bucket-lifecycle.go
index 2f650b5a0..21358a574 100644
--- a/cmd/bucket-lifecycle.go
+++ b/cmd/bucket-lifecycle.go
@@ -32,6 +32,7 @@ import (
 	"time"
 
 	"github.com/google/uuid"
+	"github.com/minio/madmin-go/v2"
 	"github.com/minio/minio-go/v7/pkg/tags"
 	"github.com/minio/minio/internal/amztime"
 	sse "github.com/minio/minio/internal/bucket/encryption"
@@ -70,6 +71,30 @@ func NewLifecycleSys() *LifecycleSys {
 	return &LifecycleSys{}
 }
 
+func ilmTrace(startTime time.Time, duration time.Duration, oi ObjectInfo, event string) madmin.TraceInfo {
+	return madmin.TraceInfo{
+		TraceType: madmin.TraceILM,
+		Time:      startTime,
+		NodeName:  globalLocalNodeName,
+		FuncName:  event,
+		Duration:  duration,
+		Path:      pathJoin(oi.Bucket, oi.Name),
+		Error:     "",
+		Message:   getSource(4),
+		Custom:    map[string]string{"version-id": oi.VersionID},
+	}
+}
+
+func (sys *LifecycleSys) trace(oi ObjectInfo) func(event string) {
+	startTime := time.Now()
+	return func(event string) {
+		duration := time.Since(startTime)
+		if globalTrace.NumSubscribers(madmin.TraceILM) > 0 {
+			globalTrace.Publish(ilmTrace(startTime, duration, oi, event))
+		}
+	}
+}
+
 type expiryTask struct {
 	objInfo        ObjectInfo
 	versionExpiry  bool
@@ -360,6 +385,7 @@ const (
 // 1. when a restored (via PostRestoreObject API) object expires.
 // 2. when a transitioned object expires (based on an ILM rule).
 func expireTransitionedObject(ctx context.Context, objectAPI ObjectLayer, oi *ObjectInfo, lcOpts lifecycle.ObjectOpts, action expireAction) error {
+	traceFn := globalLifecycleSys.trace(*oi)
 	var opts ObjectOptions
 	opts.Versioned = globalBucketVersioningSys.PrefixEnabled(oi.Bucket, oi.Name)
 	opts.VersionID = lcOpts.VersionID
@@ -385,7 +411,7 @@ func expireTransitionedObject(ctx context.Context, objectAPI ObjectLayer, oi *Ob
 		}
 
 		// Send audit for the lifecycle delete operation
-		auditLogLifecycle(ctx, *oi, ILMExpiry)
+		defer auditLogLifecycle(ctx, *oi, ILMExpiry, traceFn)
 
 		eventName := event.ObjectRemovedDelete
 		if lcOpts.DeleteMarker {
diff --git a/cmd/data-scanner.go b/cmd/data-scanner.go
index d68116590..2a0a0c005 100644
--- a/cmd/data-scanner.go
+++ b/cmd/data-scanner.go
@@ -957,6 +957,7 @@ func (i *scannerItem) applyLifecycle(ctx context.Context, o ObjectLayer, oi Obje
 // applyTierObjSweep removes remote object pending deletion and the free-version
 // tracking this information.
 func (i *scannerItem) applyTierObjSweep(ctx context.Context, o ObjectLayer, oi ObjectInfo) {
+	traceFn := globalLifecycleSys.trace(oi)
 	if !oi.TransitionedObject.FreeVersion {
 		// nothing to be done
 		return
@@ -982,7 +983,7 @@ func (i *scannerItem) applyTierObjSweep(ctx context.Context, o ObjectLayer, oi O
 		InclFreeVersions: true,
 	})
 	if err == nil {
-		auditLogLifecycle(ctx, oi, ILMFreeVersionDelete)
+		auditLogLifecycle(ctx, oi, ILMFreeVersionDelete, traceFn)
 	}
 	if ignoreNotFoundErr(err) != nil {
 		logger.LogIf(ctx, err)
@@ -1177,6 +1178,7 @@ func applyExpiryOnTransitionedObject(ctx context.Context, objLayer ObjectLayer,
 }
 
 func applyExpiryOnNonTransitionedObjects(ctx context.Context, objLayer ObjectLayer, obj ObjectInfo, applyOnVersion bool) bool {
+	traceFn := globalLifecycleSys.trace(obj)
 	opts := ObjectOptions{
 		Expiration: ExpirationOptions{Expire: true},
 	}
@@ -1200,7 +1202,7 @@ func applyExpiryOnNonTransitionedObjects(ctx context.Context, objLayer ObjectLay
 	}
 
 	// Send audit for the lifecycle delete operation
-	auditLogLifecycle(ctx, obj, ILMExpiry)
+	auditLogLifecycle(ctx, obj, ILMExpiry, traceFn)
 
 	eventName := event.ObjectRemovedDelete
 	if obj.DeleteMarker {
@@ -1443,7 +1445,7 @@ const (
 	ILMTransition = " ilm:transition"
 )
 
-func auditLogLifecycle(ctx context.Context, oi ObjectInfo, event string) {
+func auditLogLifecycle(ctx context.Context, oi ObjectInfo, event string, traceFn func(event string)) {
 	var apiName string
 	switch event {
 	case ILMExpiry:
@@ -1460,4 +1462,5 @@ func auditLogLifecycle(ctx context.Context, oi ObjectInfo, event string) {
 		Object:    oi.Name,
 		VersionID: oi.VersionID,
 	})
+	traceFn(event)
 }
diff --git a/cmd/erasure-object.go b/cmd/erasure-object.go
index 039378d19..ebe8b5851 100644
--- a/cmd/erasure-object.go
+++ b/cmd/erasure-object.go
@@ -1953,6 +1953,7 @@ func (er erasureObjects) TransitionObject(ctx context.Context, bucket, object st
 			return toObjectErr(err, bucket, object)
 		}
 	}
+	traceFn := globalLifecycleSys.trace(fi.ToObjectInfo(bucket, object, opts.Versioned || opts.VersionSuspended))
 
 	destObj, err := genTransitionObjName(bucket)
 	if err != nil {
@@ -2000,7 +2001,7 @@ func (er erasureObjects) TransitionObject(ctx context.Context, bucket, object st
 		UserAgent:  "Internal: [ILM-Transition]",
 		Host:       globalLocalNodeName,
 	})
-	auditLogLifecycle(ctx, objInfo, ILMTransition)
+	auditLogLifecycle(ctx, objInfo, ILMTransition, traceFn)
 	return err
 }
 
diff --git a/cmd/object-handlers-common.go b/cmd/object-handlers-common.go
index 41805f906..46c1081e8 100644
--- a/cmd/object-handlers-common.go
+++ b/cmd/object-handlers-common.go
@@ -367,15 +367,17 @@ func deleteObjectVersions(ctx context.Context, o ObjectLayer, bucket string, toD
 				continue
 			}
 			dobj := deletedObjs[i]
+			oi := ObjectInfo{
+				Bucket:    bucket,
+				Name:      dobj.ObjectName,
+				VersionID: dobj.VersionID,
+			}
+			traceFn := globalLifecycleSys.trace(oi)
 			// Send audit for the lifecycle delete operation
 			auditLogLifecycle(
 				ctx,
-				ObjectInfo{
-					Bucket:    bucket,
-					Name:      dobj.ObjectName,
-					VersionID: dobj.VersionID,
-				},
-				ILMExpiry)
+				oi,
+				ILMExpiry, traceFn)
 
 			sendEvent(eventArgs{
 				EventName:  event.ObjectRemovedDelete,