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of <h1>Daily Reconciliation of Dematerialized Securities Required by Regulation 55 to Ensure Record Accuracy and Transparency in Securities Management.</h1> Regulation 55 of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 1996 mandates that issuers or their agents must reconcile records of dematerialized securities with all issued securities daily. If the issuer is the State or Central Government, the depository is responsible for this daily reconciliation of government securities. This regulation ensures the accuracy and consistency of securities records, promoting transparency and reliability in securities management.
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