Important Circulars of SEBI

INVESTORS

Important Announcement vide SEBI Circulars

Description
Downloads
Extension of timelines for providing ‘choice of nomination’ in eligible demat accounts and mutual fund folios
Awareness on availability of Dispute Resolution Mechanism as per SEBI’s circular dt. 27-Jan-23
SEBI’ Circular dated 30-May-22 on Standard Operating Procedures (SOP)

SEBI Directive

As per SEBI directive received on 17th January,2024 which mandates payment of dividend in electronic mode only  w.e.f. April,1,2024  provided the folio is KYC compliant –  
  1. In case of non-updation of PAN or Choice of Nomination or Contact Details or Mobile Number or Bank Account Details or Specimen Signature in respect of physical folios, dividend/interest etc. shall be paid only through electronic mode with effect from April 01, 2024 upon furnishing all the aforesaid details in entirety.
  2. If a security holder updates the PAN, Choice of Nomination, Contact Details including Mobile Number, Bank Account Details and Specimen Signature after April 01, 2024, then the security holder would receive all the dividends/interest etc. declared during that period (from April 01, 2024 till date of updation) pertaining to the securities held after the said updation automatically.

Disclaimer : 

Please be aware that Sumedha Fiscal Services Limited or its promoters, promoter group or any of its Directors do not endorse any investment recommendation and comments on wheather to buy, sell or hold shares of the company as presented by any person or published at any social media platforms or elsewhere.

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