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Corporate Laws Central Ministry of Finance Securities and Exchange Board of India Act, 1992

CDSL - Facility for Payment of Stamp Duty by Beneficial Owners (BOs) Through Valid UPI Handle

18-Sep-2025 | CDSL/OPS/DP/SETT/2025/633

CDSL has issued a communique introducing a new facility that enables Beneficial Owners (BOs) to make stamp duty payments through valid UPI handles. This facility will be effective from 18th September 2025. This circular has been issued in reference to the SEBI Circular on the adoption of standardised, validated, and exclusive UPI IDs for the collection of payments by SEBI-registered intermediaries from investors. Through this communique, CDSL has informed its Depository Participants (DPs) that their clients (i.e., Beneficial Owners) will be able to make stamp duty payments to CDSL via a valid UPI handle for the execution of off-market or invocation transactions, effective from the aforementioned date. The operational steps for making stamp duty payments through UPI have been detailed in the document. Additionally, a set of Frequently Asked Questions (FAQs) has been provided as Annexure-1 for further clarity. Kindly refer to the attached document for detailed information.

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