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<h1>SEBI Mandates Integration with DigiLocker to Streamline Management of Unclaimed Assets in Securities Market by April 2025</h1> The circular issued by SEBI on March 19, 2025, addresses the reduction of unclaimed assets in the Indian securities market by leveraging DigiLocker, a digital document storage service. SEBI mandates various entities, including Asset Management Companies, Depositories, and KYC Registration Agencies, to integrate with DigiLocker to streamline the management of unclaimed assets. This integration will allow investors to store and access financial documents digitally, nominate successors, and facilitate the transfer of assets upon an investor's demise. The circular aims to prevent the creation of unidentified unclaimed assets and improve investor protection and asset transmission processes. The implementation of these measures is set to begin on April 1, 2025.