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    <title>Extension of timelines for implementation of SEBI circulars SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2022/137 and SEBI/HO/MIRSD/ DoP/P/CIR/2022/119</title>
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    <description>SEBI deferred the effective dates of two operational circulars: the Demat Debit and Pledge Instruction circular to take effect on or before January 20, 2023, and the Validation of Pay In Instructions circular to take effect from January 27, 2023. The earlier provisions are modified accordingly. Stock Exchanges and Depositories must notify members, amend bye laws/rules for implementation, and report implementation status to SEBI within seven working days after implementation and in Monthly Development Reports.</description>
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      <description>SEBI deferred the effective dates of two operational circulars: the Demat Debit and Pledge Instruction circular to take effect on or before January 20, 2023, and the Validation of Pay In Instructions circular to take effect from January 27, 2023. The earlier provisions are modified accordingly. Stock Exchanges and Depositories must notify members, amend bye laws/rules for implementation, and report implementation status to SEBI within seven working days after implementation and in Monthly Development Reports.</description>
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