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<h1>SEBI Extends Implementation Deadline for Direct Securities Payout to Demat Accounts to November 11, 2024.</h1> The Securities and Exchange Board of India (SEBI) has extended the implementation timeline for a circular initially set to take effect on October 14, 2024, to November 11, 2024. This extension allows for the direct pay-out of securities to clients' demat accounts, enhancing operational efficiency and risk reduction. The delay is due to the late issuance of operational guidelines by Clearing Corporations following consultations within the Brokers' Industry Standards Forum. Stock exchanges, depositories, and clearing corporations are instructed to inform their members, ensure compliance, and amend relevant regulations accordingly.