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of <h1>Depositories Required to Maintain Detailed Records of Securities Transactions and Ownership for Minimum of Five Years Under Board Rules.</h1> Every depository must maintain specific records, including those of securities that are dematerialised and rematerialised, names and transfer details, a register and index of beneficial owners, daily securities holdings, and communications with participants and issuers. They must also keep records of pledges or hypothecations, details of participants, and eligible securities for dematerialisation. Additional records may be required by the Board. Depositories must inform the Board of the location of these records, which must be preserved for at least five years, subject to other legal provisions.
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