The National Stock Exchange (NSE) on October 01, 2024, notified regarding the Pay-out of securities directly to the client demat account- Frequently Asked Questions.
The following has been stated namely: -
• This is in reference to NCL/CMPT/63669 dated Aug 30, 2024, NCL/CMPT/63856 dated Sep 11, 2024, and NCL/CMPT/64282 dated 30-Sep-2024, related to enhancement of operational efficiency and Risk Reduction – Operating guidelines for Pay-out of securities directly to client demat account.
• The frequently asked questions with respect to the operationalization of ‘Pay-out of securities directly to client demat accounts’ are annexed in the document attached below.
[Notification no. - NCL/CMPT/64297]
