December 31, 2020
Investor Accounts 2,08,96,069
DP Service Centres 31,281
Demat Custody Value 227.51 (₹ Lakh Crore)
(US$ 3114 billion)

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SEBI has vide its Circular No. CIR/MRD/DP/22/2010 dated July 29, 2010 informed regarding the mandatory requirement of Permanent Account Number (PAN) for all transactions in the securities market. SEBI has specified that in order to ensure better compliance with the Know Your Client (KYC) norms, it has been decided that with effect from August 16, 2010 depository accounts which are PAN non-compliant shall also be suspended for credit other than the credits arising out of automatic corporate actions. It is clarified that other credits including credits from IPO/FPO/Rights issue, off-market transactions or any secondary market transactions shall not be allowed into such accounts. Participants are advised to ensure compliance with the requirement and communicate the same to all the concerned Beneficial Owners.

This has been informed to Participants vide Circular No. NSDL/POLICY/2010/0085 dated July 30, 2010.

NSDL had enhanced its IDeAS facility to facilitate Users to capture or modify their email addresses registered on IDeAS. NSDL has further provided a new feature toUsers of IDeAS who have forgotten their passwords or have entered wrong passwords (upto three attempts) to auto-reset the password on IDeAS. This feature is made available for Users exclusively availing IDeAS facility. The auto-reset password facility is not available to those Users who have subscribed for both IDeAS as well as SPEED-e facility.

Further details about this facility are mentioned in Circular Nos. NSDL/POLICY/2010/0057 dated May 25, 2010 and NSDL/POLICY/2010/0074 dated July 1, 2010.

NSDL has provided a facility for investors to submit request for conversion of their mutual fund units represented by Statement of Account into dematerialised form through its Participants. Procedure for conversion of Mutual Fund Units into dematerialised form through your Depository Participant (DP) is mentioned below

  • Obtain Conversion Request Form (CRF) from your DP.
  • Fill-up the CRF.
  • Submit the CRF alongwith the Statement of Account to your DP.
  • After due verification, the DP would sent the CRF and Statement of Account to the Asset Management Company (AMC) / Registrar and Transfer Agent (RTA).
  • The AMC / RTA will after due verification confirm the conversion request sent by your DP and credit the mutual fund units in your demat account.

Further details about this facility are mentioned in Circular Nos. NSDL/POLICY/2010/0075 dated July 1, 2010 and NSDL/POLICY/2010/0079 dated July 7, 2010, which is posted on NSDL website

SEBI has vide its Circular No. CIR/IMD/DF/6/2010 dated July 30, 2010 specified that all SEBI Regulated entities shall report their OTC transactions in CDs and CPs on the FIMMDA reporting platform within 15 minutes of the trade for online dissemination of market information with effect from August 16, 2010. FIMMDA will issue detailed operational guidelines in this regard.

This has been informed to Participants vide Circular No. NSDL/POLICY/2010/0086 dated July 30, 2010.

NSDL conducts training and certification programmes for Participants to increase the availability of trained personnel for depository operations. In July 2010, such programmes were conducted in Agartala, Bangalore, Bhopal, Chandigarh, Changanacherry, Chennai, Coimbatore, Gurgaon, Hubli, Hyderabad, Kochi, Lucknow, Ludhiana, Meerut, Mumbai, Nagpur, Nashik, New Delhi, Pune, Raipur, Rajamundhry, Rajkot, Ranchi, Vadodara, Vishakhapatnam and Warangal. 1,306 persons attended the training programmes conducted at these locations.

In July 2010, Swastika Investmart Limited (DP ID IN303833) became operational as a Participant of NSDL. It will conduct its depository operations from Indore. This takes the total number of operational Participants to 287 and the total number of DPM set-ups to 360.

Edelweiss Finance & Investments Limited (DP ID IN303462), a Participant of NSDL has informed NSDL about its decision to discontinue depository operations.

Clients of Edelweiss Finance & Investments Limited are requested to get their securities transferred to the accounts opened with any other Participant or get them rematerialized.

This has been informed to Participants vide Circular No. NSDL/PID/2010/1543 dated July 19, 2010.

NSDL has informed all its Participants that pursuant to the closure of Participant operations by BLB Limited, its certificate of registration as a Participant of NSDL has been cancelled by SEBI and it has ceased to act as a Participant.

This has been informed to Participants vide Circular No. NSDL/PI/2010/1562 dated July 19, 2010.

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