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

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....ed Stock Exchanges All Recognized Depositories Stock Brokers (Trading Members) through Recognized Stock Exchanges Depository Participants through Depositories Dear Sir / Madam, Subject: Nomination for Eligible Trading and Demat Accounts - Extension of timelines for existing account holders 1. SEBI, vide circular no. SEBI/HO/MIRSD/RTAMB/CIR/P/2021/601 dated July 23, 2021 had manda....

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....which choice of nomination details (i.e. furnishing of nomination or declaration for opting out of nomination) has not been updated and on the basis of representations received from the stakeholders, it has been decided that the provisions mentioned at para 7 of SEBI circular dated July 23, 2021 read with para 3 (a) of SEBI circular dated February 24, 2022 with regard to freezing of accounts shall....

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....ions, operational instructions, as the case may be, for the implementation of the above circular; • bring the provisions of this circular to the notice of their constituents and also disseminate the same on the website; • monitor the efforts made by trading members and depository participants for updation of 'choice of nomination' by their clients and submit a report to t....