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<h1>Securities Board Empowered to Set Guidelines Under Regulation 73 for Depositories and Participants via Circulars</h1> Regulation 73 of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 1996, grants the Board the authority to establish norms, procedures, processes, and guidelines necessary for implementing these regulations. The Board can issue these specifications through circulars to address matters related to the regulations. This provision ensures that the Board can effectively manage and clarify the regulatory framework governing depositories and participants in the securities market.