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of <h1>SEBI Amends Depositories Regulations: New Rules for Handling Share Registry, Investor Complaints, and Quarterly Audits.</h1> The Securities and Exchange Board of India (SEBI) issued the Second Amendment to the Depositories and Participants Regulations, 1996, effective upon publication in the Official Gazette. Key changes include new regulations on handling share registry work and addressing investor grievances, mandating issuers or agents to resolve complaints within 30 days. Amendments to regulation 54 require participants to furnish security certificate details to issuers, who must confirm securities listing and update records. Regulation 55A introduces a quarterly audit requirement for issuers to reconcile issued, listed, and dematerialized capital, and report discrepancies to depositories and stock exchanges.
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