Statistics
July 31, 2020
Investor Accounts 2,01,54,741
DP Service Centres 31,024
Demat Custody Value 190.11 (₹ Lakh Crore)
(US$ 2533 billion)

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NSDL News

Investor Depository Meet (IDM) organised by NSDL in association with SEBI at Mangalore on February 25, 2012

As a risk mitigation measure and value added service, NSDL has enhanced its SMS Alert facility whereby SMS Alerts will be sent to clients in their mobile phones upon modification / cancellation of nominee name in their depository accounts.

The text of the SMS will be as follows

  • Modification of nominee name

    On __________ (date, dd/mm/yy), as per your instruction, name of ________________ has been recorded as a nominee in ur demat a/c no xxxx4086..NSDL

  • Cancellation / deletion of nominee name

    On __________ (date, dd/mm/yy), as per your instruction, name of ________________ has been cancelled as a nominee in ur demat a/c no xxxx4086..NSDL

Further, the first 25 characters of the nominee name would be considered in the SMS message.

(Ref: Circular No. NSDL/POLICY/2012/0025 dated February 22, 2012)

SEBI vide Circular No. CIR/ IMD/FII & C/3/2012 dated January 13, 2012 has informed that a QFI can open only one demat account with any one of the Participant and in case of jointly held demat accounts, each of the joint holders shall be deemed to be holding a demat account as a QFI. Further, no other demat account can be held by any of the QFI as a QFI or in any other capacity.

In view of the aforesaid, NSDL has provided a QFI Client Search facility to Participants so as to make a search on the PAN of the QFI to ascertain whether any such depository account exists with such PAN captured against any account holder across any type-subtype in the depository system.

(Ref: Circular No. NSDL/POLICY/2012/0027 dated February 29, 2012)

NSDL has made arrangements with NISM to facilitate staff of Participants to get certified for NISM-Series VI Depository Operations Certification Examination (DOCE) as per SEBI requirements. A training programme is conducted by NSDL for Participants staff followed by NISM-Series VI-DOCE online test conducted by NISM. In February 2012, NSDL conducted four such training programmes at Chandigarh, Coimbatore, Ludhiana and Mumbai which were attended by 103 persons nominated by various Participants.

Old Name New Name DP ID
Shreyas Stocks Private Limited RGAM Corporation Private Limited IN303229

Quantum Global Securities and Leasing Company Limited (DP ID IN303411), a Participant of NSDL had informed about its decision to discontinue its depository operations. Quantum Global Securities and Leasing Company Limited has now informed about its decision to continue its depository operations.

Clients of Quantum Global Securities and Leasing Company Limited are requested to take note of the same.

(Ref: Circular No. NSDL/PI/2012/0428 dated February 24, 2012)

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