कोशिश गोल्ड - मुक्त
Sebi Mulls Mandating Demat-Only Securities After Stock Split
Mint Mumbai
|January 15, 2025
The Regulator Has Also Proposed Modifications to Certain Provisions of LODR Norms
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To encourage demat holding of securities, Sebi on Tuesday proposed mandating listed companies to issue securities only in demat form following stock split, consolidation of face value of shares, and merger or demerger.
In case an investor does not have a demat account, the issuer companies will be required to open a separate demat account with a suitable ledger of ownership or suspense escrow account for dealing with such securities, the Securities and Exchange Board of India (Sebi) proposed in its consultation paper.
यह कहानी Mint Mumbai के January 15, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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