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

Reiteration of extension of timelines for providing choice of nomination in eligible demat accounts and mutual fund folios

28-Dec-2023 | Circular Ref. No: NSE/CML/2023/87

NSE has reiterated SEBI circular on Extension of timelines for providing choice of nomination in eligible demat accounts and mutual fund folios.

By virtue of this circular SEBI has extended the last date for submission of choice of nomination for demat accounts and mutual fund folios to June 30, 2024 instead of December 31, 2023.

Stock Exchanges, Depositories, AMCs, RTAs and Listed Companies are further advised to:

a) take necessary steps to implement the provisions of this circular, including making necessary amendment to the relevant bye-laws / business rules / regulations / operational instructions, as the case may be;

b) bring the provisions of this circular to the notice of their respective constituents and also disseminate this circular on their websites;

c) communicate to SEBI, the status of the implementation of the provisions of this circular; and

d) monitor the compliance of this circular.

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