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

NSDL-Facility for submission to capture 'date of notice sent to Beneficial owners' in respect to the freezing data fetched from eDPM through e-PASS

02-Jun-2025 | NSDL/POLICY/2025/0070

NSDL has issued a circular regarding the facility for recording the date of notice sent to beneficial owners (BOs) concerning accounts that have been frozen. This information is based on the freezing data fetched from eDPM through e-PASS. According to this circular, NSDL has developed a system to capture the date of notice sent to BOs for demat accounts that were frozen under reason code 11. Details of client accounts frozen under this reason code during the month will be accessible on e-PASS by the 7th of the following month. Participants are required to provide the date of notice sent to the BO by the 20th of the month in which the data is made available on e-PASS. Please note that the first set of data will be available for May 2025, and it must be submitted by June 20, 2025. Participants who have not frozen any clients under reason code 11 will not have this data available and will not need to enter any details in e-PASS. Annexure A includes the steps to record the notice date and other key details. For more information, kindly refer to the attached document.

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