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of <h1>SEBI Mandates PAN Collection for Promoters Under SAST Regulations; Listed Companies Must Report to Depositories Promptly.</h1> The Securities and Exchange Board of India (SEBI) issued a circular on September 23, 2020, regarding System-Driven Disclosures (SDD) under SEBI (SAST) Regulations, 2011. This circular mandates that the Permanent Account Number (PAN) of promoters and other designated entities be captured directly from listed companies, as outlined in an earlier circular from September 9, 2020. This approach aligns with previous regulations and requires listed companies to provide this information to designated depositories within ten days. Any updates must be reported on the same day. The circular maintains other existing requirements from the December 1, 2015 circular.
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