Explained: Sebi relaxes duplicate securities norms, increases limit and simplifies documentation. 5 things to know

The Securities and Exchange Board of India (Sebi) on Wednesday doubled the monetary threshold for the simplified documentation process for issuance of duplicate securities to Rs 10 lakh from Rs 5 lakh.Sebi’s move follows a consultation paper issued by the market watchdog in November to ease investor compliance and remove inconsistencies. The regulator said the […]

SEBI simplifies the dual securities process and increases the threshold to Rs 10 lakh

According to SEBI, the latest changes are aimed at reducing compliance burden, speeding up processing and promoting dematerialization while standardizing procedures across listed companies and RTAs | Photo credit: In a bid to ease investor compliance and remove inconsistencies, SEBI on Wednesday doubled the monetary threshold for simplified documentation process for issuance of duplicate securities […]

Sebi is considering simplifying the paperwork and proposes a higher threshold of Rs 10 lakh for duplicate share certificates

The Securities and Exchange Board of India (Sebi) on Tuesday proposed to increase the simplified documentation limits for issuance of duplicate securities from Rs 5 lakhs to Rs 10 lakhs. The market regulator believes that the current threshold is too low and no longer reflects current market realities, while imposing avoidable procedural burdens on investors.The […]