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of <h1>SEBI Issues New Circular for Streamlined Securities Transmission Process; Compliance Required Within 45 Days.</h1> The Securities and Exchange Board of India (SEBI) issued a circular to standardize and simplify procedures for the transmission of securities to enhance efficiency and investor friendliness. The circular modifies previous guidelines, requiring stock exchanges and depositories to amend relevant agreements and regulations. Compliance is mandated within 45 days. Key requirements for securities transmission include a transmission request form, death certificate, and PAN card for single-name securities with a nominee. For single-name securities without a nominee, additional documents such as affidavits, succession certificates, or indemnity bonds may be required, depending on the value of the securities.
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