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SEBI revised timelines for Consolidated Account Statement (CAS) issuance by depositories. Effective May 14, 2025, AMCs/MF-RTAs must provide monthly common PAN data to depositories within 5 days from month-end. Depositories shall dispatch e-CAS within 12 days and physical CAS within 15 days from month-end. For half-yearly CAS, data submission deadline is 8th day of April/October, with e-CAS dispatch by 18th and physical CAS by 21st of these months. Monthly CAS required for active accounts; half-yearly CAS for inactive accounts. Investors retain option to receive physical CAS at registered address. Implementation requires depositories to amend bylaws, update systems, and report compliance in Monthly Development Reports.