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Demat News

28 Dec 2023

Sebi Extends Deadline To Add Nominees In Mutual Funds, Demat Accounts

The deadline to nominate a beneficiary or opt out of it was to be submitted by December 31, 2023 previously.

21 Dec 2023

5 Financial Tasks You Must Complete Before December 31

Check out 5 Financial And Tech Rules that are changing after 31 December 2023 and see the implications on your finances.

13 Mar 2023

Your Demat Account Could Be Frozen After March 31 Deadline, Know Why

The provision "with relation to freezing of accounts shall come into existence with effect from March 31, 2023 instead of March 31, 2022," Sebi had said in circular, citing comments from various stakeholders in 2021.

Life Insurance Corporation of India

26 Jan 2022

IPO-bound LIC posts Rs 1,437 crore net profit during April-September

Its new business premium growth rate stood at 554.1 per cent in H1FY22, compared with 394.76 per cent during the corresponding period of the preceding financial year, LIC said on Tuesday.

Life Insurance Corporation of India

28 Dec 2021

Can't invest in LIC IPO next year if PAN-LIC not linked --Here is how to do it

LIC public notice to all policyholders. PAN is a must for IPO subscription. DEMAT also must for IPO subscription.

Life Insurance Corporation of India

03 Dec 2021

LIC policyholders alert! Here's how to update your PAN card on LIC records

LIC public notice to all policyholders. PAN is a must for IPO subscription. DEMAT also must for IPO subscription.

Life Insurance Corporation of India

01 Dec 2021

LIC IPO subscription not possible if your PAN card, DEMAT a/c not up-to-date

In the interests of policyholders, LIC been running advertisements calling upon policyholders to update PAN in LIC records.

28 Mar 2019

From April 1, shares can be transferred in demat form only: Sebi

In December 2018, the watchdog extended the deadline for transfer of shares of listed companies only in dematerialised (demat) form to April 1.

04 Sep 2016

Sebi orders attachment of bank, demat accounts of 7 entities

Markets regulator Sebi has ordered attachment of bank and demat accounts of seven entities to recover total dues of about Rs 70 lakh.

17 Nov 2015

CDSL demat accounts cross 1-crore mark

The number of active demat accounts held with Central Depository Services India Ltd (CDSL) has crossed one crore.

06 Jul 2015

Market entities may get incentives to open retail demat a/c

To attract a larger number of retail investors to the stock markets, regulator SEBI is looking into a proposal to devise an incentive structure for brokers and other market entities to encourage opening of demat accounts by persons from small cities.

11 Jun 2015

BSE to launch trading in govt bonds in demat form

To make it easier for individual investors to invest in government bonds, stock exchange BSE will soon start offering trading in such securities in dematerialised mode.

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