Securities Regulator Consolidates Rules for Depositories, Beneficial Owners & Market Participants.

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Full Text of the Document

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....The Securities and Exchange Board of India (SEBI) issued a Master Circular consolidating all relevant circulars and communications pertaining to depositories up to September 30, 2024. It supersedes the previous Master Circular issued on October 06, 2023. The Circular covers provisions related to Beneficial Owner Accounts, Depository Participants, Issuers, and Depositories. Any actions taken under the rescinded circulars shall be deemed valid, and pending applications shall be processed under the new Circular. The Circular is issued under SEBI's powers to regulate the securities market and protect investor interests.....