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<h1>SEBI Requires Depositories to Preserve Original Documents for 5 Years; Extend Until Trial Ends if Investigated.</h1> The circular issued by the Securities and Exchange Board of India (SEBI) mandates that depositories and depository participants must preserve original documents, both in physical and electronic forms, for a minimum of five years, as per the SEBI (Depositories and Participants) Regulations, 1996. Additionally, if enforcement agencies like the CBI or police collect copies of these documents during investigations, the originals must be kept until the trial concludes. Depositories are instructed to amend their rules accordingly, inform their participants, and report the implementation status to SEBI by September 2005. This directive is under SEBI's authority to protect investor interests and regulate the securities market.