https://www.taxtmi.com/circulars?id=69069 BSDA rules are amended to exclude Zero Coupon Zero Principal bonds and delisted securities from the threshold for BSDA eligibility; illiquid securities are valued at last closing price. DPs must reassess eligibility quarterly and convert eligible accounts to BSDA unless the beneficial owner provides active authenticated consent to retain a regular demat account through verifiable channels. These amendments replace specified prior paras and come into force on March 31, 2026, with depositories required to amend bye laws and implement systems within prescribed timelines. en-us Wed, 24 Dec 2025 00:00:00 +0530 Fri, 26 Dec 2025 17:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=69069 BSDA rules are amended to exclude Zero Coupon Zero Principal bonds and delisted securities from the threshold for BSDA eligibility; illiquid securities are valued at last closing price. DPs must reassess eligibility quarterly and convert eligible accounts to BSDA unless the beneficial owner provides active authenticated consent to retain a regular demat account through verifiable channels. These amendments replace specified prior paras and come into force on March 31, 2026, with depositories required to amend bye laws and implement systems within prescribed timelines. Circulars SEBI Wed, 24 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/circulars?id=69069