Nomination for Eligible Trading and Demat Accounts – Extension of timelines and relaxations for existing account holders

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.... vide circular no. SEBI/HO/MIRSD/RTAMB/CIR/P/2021/601 dated July 23, 2021 had mandated submission of nomination details/declaration for opting out of nomination for investors opening new trading and or demat account(s) on or after October 01, 2021. The circular also prescribed mandatory furnishing of the aforesaid information for all existing eligible trading and demat account holders. 2. Para 2 of the said circular reads as follows: "Investors opening new trading and or demat account(s) on or after October 01, 2021, shall have the choice of providing nomination or opting out nomination, as follows; a. The format for nomination form is given in Annexure -A to this circular b. Opt out of nomination through 'Decl....

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....ade optional. The revised format of the nomination form is given in Annexure -A to this circular. 5. All other provisions mentioned in the circular SEBI/HO/MIRSD/RTAMB/CIR/P/2021/601 dated July 23, 2021 shall remain unchanged. 6. Stock Exchanges and Depositories are advised to: a) make necessary amendments to the relevant bye-laws, rules and regulations, operational instructions, as the case may be, for the implementation of the above circular; and b) bring the provisions of this circular to the notice of their constituents and also disseminate the same on the website. 7. This circular is issued in exercise of powers conferred by Section 11(1) of the Securities and Exchange Board of India Act, 1992 to protect the ....

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....upto three nominees in the account. Details of 1^st Nominee Details of 2^nd Nominee Details of 3^rd Nominee 1 Name of the nominee(s) (Mr./Ms.)       2 Share of each Nominee Equally [If not equally, please specify percentage] % % % Any odd lot after division shall be transferred to the first nominee mentioned in the form. 3 Relationship With the Applicant ( If Any)       4 Address of Nominee(s) City / Place: State & Country:         ....