Untagged Demat accounts to be tagged by the 1st of July: SEBI

Untagged Demat accounts

The Security Exchange Board of India has said that all the untagged Demat accounts should be tagged appropriately by the end of June.

The credit of securities shall not be permitted In cases where the demat remains untagged post the 1st of July. But the credits on account of corporate actions shall be allowed as per the circular released by SEBI.

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