NSE Clarifies in Regard to Nomination for Eligible Trading and Demat Accounts

On 23rd March 2023, the National Stock Exchange (NSE) of India issued a Circular in regard to the Clarification on Nomination for Eligible Trading and Demat Accounts. This Circular was issued in reference to prior issued SEBI Circulars No. SEBI/HO/MIRSD/RTAMB/CIR/P/2021/601 issued on 23rd July 2021 and EBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/23 issued on 24th February 2022 along with prior issued NSE Circular No. – NSE/INSP/49042 issued on 23rd July 2021 and NSE/INSP/51438 issued on 24th February 2022 in the captioned manner, wherein it was stated that all trading and demat account holders would be required to provide a choice of nomination by 31st March 2023.