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of <h1>Specified intermediaries must obtain unique IDs for themselves and related persons per regulation 12 of SEBI 2003 Regulations.</h1> Every specified intermediary or other entity must apply to the Designated Service Provider for unique identification numbers for itself and its related persons, in accordance with sub-regulation (1) or sub-regulation (2) of regulation 12, as outlined in the Securities and Exchange Board of India (Central Database of Market Participants) Regulations, 2003. This requirement was amended in 2004 to include both sub-regulations, ensuring comprehensive compliance with the identification process.
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