Demat Account Update: SEBI made a big announcement for stock market investors.
If you are also a stock market investor and you also have a demat account,
definitely read this news.
SEBI has made a big announcement for the investors. From PAN card and Aadhar link (Aadhaar-PAN link) to trading-demat account, it is mandatory to enter the name of the nominee.
Earlier, SEBI had also declared the deadline for nomination on March 31, 2022, but now SEBI has extended it for one year.
Now investors can do this work till 31 March 2023.
SEBI has made it a rule to register the name of the nominee by 31 March for those who have a demat or trading account.
Those who have not yet made nomination in the demat or trading account can do so till March 31, 2023.