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of <h1>SEBI Circular Requires Stock Exchanges to Send SMS and Email Alerts to Investors, Allowing Exceptions for Family and Authorized Persons.</h1> The circular issued by SEBI mandates stock exchanges to send SMS and email alerts to investors, ensuring that separate contact details are uploaded for each client. However, under exceptional circumstances, a single mobile number or email can be used for multiple clients within the same family or for authorized persons of non-individual clients like HUFs, partnerships, trusts, or corporates, with specific approvals. This amendment to previous guidelines aims to enhance investor protection and market regulation. Stock exchanges must update their regulations accordingly, and the circular is effective immediately.
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