Highlights of the Circular :
This has reference to SEBI circular no. HO/38/11/(1)2026-MIRSD-POD/I/7656/2026 dated March 23, 2026, members are requested to note that, requirement for reporting demat accounts to the stock exchanges has been discontinued w.e.f. April 17, 2026.
Further, Exchange will seek data of all demat accounts opened/closed by stock broker from the depositories directly.
Members are requested to take note of the above and comply with the applicable regulatory requirements.