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

CDSL- Reiteration of SEBI Circular on Operationalisation of Past Risk and Return Verification Agency (“PaRRVA”)

14-May-2026 | CDSL/OPS/RTA/POLCY/2026/130

CDSL has reiterated the SEBI circular on the operationalisation of Past Risk and Return Verification Agency (“PaRRVA”).

Key highlights are as follows:
1. CARE Ratings Limited has been granted recognition as PaRRVA under the framework specified by SEBI on April 4, 2025, with the National Stock Exchange of India Limited acting as the PaRRVA Data Centre (PDC).
2. The pilot phase of PaRRVA was launched on December 8, 2025, to test operational and technical aspects of the framework.
3. The operationalisation of PaRRVA aims to enable regulated entities to showcase their verified past performance in a standardised and credible manner.

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Corporate Laws

CDSL- Reiteration of SEBI Circular on Norms for sharing and usage of price data for educational purposes

12-May-2026 | CDSL/OPS/DP/POLCY/2026/321

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CDSL- Incorporation of Lock-In of Pre-Issue Capital during Initial Public Offering

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CDSL- Reiteration of SEBI Circular on Norms for sharing and usage of price data for educational purposes

12-May-2026 | CDSL/OPS/DP/POLCY/2026/321

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CDSL- Incorporation of Lock-In of Pre-Issue Capital during Initial Public Offering

04-May-2026 | CDSL/OPS/RTA/CAIPO/2026/128

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CDSL- Reiteration of SEBI Circular on Fast-Track Mechanism for Processing of Placement Memorandum of AIFs filed with SEBI (“PaRRVA”)

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CDSL has reiterated the SEBI circular on the Fast-Track Mechanism for Processing of Placement Memorandum of AIFs filed with SEBI (“PaR

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Corporate Laws

CDSL- Reiteration of SEBI Circular on Operationalisation of Past Risk and Return Verification Agency (“PaRRVA”)

14-May-2026 | CDSL/OPS/RTA/POLCY/2026/130

CDSL has reiterated the SEBI circular on the operationalisation of Past Risk and Return Verification Agency (“PaRRVA”). Key hig

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