The Securities and Exchange Board of India (SEBI) has extended the deadline for demat holders to provide or opt out of nomination. Similarly, the cut-off date for holders of physical securities to submit PAN, nomination and other KYC details has also been postponed. Initially set for September 30, 2023, the new deadline for all these requirements is December 31, 2023.
These measures by SEBI aim to streamline operations and improve the ease of doing business.
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