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

NSDL- Reiterates SEBI circular regarding Adoption of Standardised, Validated and Exclusive UPI IDs for Payment Collection by SEBI Registered Intermediaries from Investors

16-Jun-2025 | NSDL/POLICY/2025/0075

NSDL has reiterated the SEBI circular regarding the Adoption of Standardised, Validated and Exclusive UPI IDs for Payment Collection by SEBI Registered Intermediaries from Investors, effective from 1st October, 2025.

Key highlights of the circular include:

a. Annexure A provides a flowchart that outlines the end-to-end process, including key decision points regarding the allocation and implementation of structured UPI IDs.
b. While the use of this structured UPI mechanism is optional for investors, it is mandatory for intermediaries to obtain and provide this structured UPI address to their investors.
c. SEBI is launching a new feature called SEBI Check, which will help investors verify the legitimacy of entities before engaging in financial transactions.
d. Annexure B contains a list of abbreviations for UPI Username Suffixes, categorized by Intermediary Type.
e. The utility for generating usernames is outlined in Annexure D. Usernames must be generated using this utility only.
f. Intermediaries will be allocated a unique and easily recognizable handle for their UPI address to ensure identification.

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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

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

04-May-2026 | CDSL/OPS/RTA/POLCY/2026/129

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

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

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