The Bombay Stock Exchange (BSE) on October 10, 2024, issued the guidelines in pursuance of amendment to SEBI KYC (Know Your Client) Registration Agency (KRA) Regulations, 2011.
It states that clients with unvalidated KYC (On Hold) from September 1 to September 30, 2024, shall not be allowed to trade or square off open positions starting October 26, 2024, until validation is complete, and any open positions shall expire on the respective contract expiry date.
[Circular no. - 20241010-15]