The National Stock Exchange (NSE) on May 22, 2023, issued a circular that the members are required to identify their Key Management Personnel (KMP) and update their PAN details on the Exchange platform.
The members are requested to take note of the following:
• Details of PAN, mobile no., phone no. and email id are required to be updated against the name of the person identified as KMP in the ENIT portal (https://enit.nseindia.com/MemberPortal/) and the path is ENIT-NEW-Compliance> Compliance>Key Management Personnel>KMP Details. Detailed procedure is provided in Annexure A.
• Members who have already submitted the details and have no changes to update need not make any further submissions. However, members who are yet to submit the details or have changes to be updated are required to comply with the aforementioned requirement latest by June 30, 2023.
• Failure to submit/upload the details within the prescribed timelines, would be treated as noncompliance and attract a levy of late submission charges of Rs. 10,000/- per KMP in accordance with Exchange circular ref. no. NSE/INSP/53530 dated September 2, 2022.
• Members are also required to note that any change in the aforesaid information/details has to be updated within 7 days of such change. Failure to adhere will be treated as non-compliance.
Annexure A is attached to the document.
[Circular No. 40/2023]
