NSDL notified regarding the amendment to

Dec 25, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial Compliance The National Securities Depository Limited (NSDL) on December 20, 2024, issued the notification regarding the Amendment to Business Rule of NSDL – Penalty.

The following has been stated namely: -

• Rule 18.1.6 and Rule 18.2.6 which specifies the “issuance of advisory, deficiency, warning letter or levy higher monetary penalty or take any other action on a Participant, Issuer and/or RTAs, on a case-to-case basis, depending upon the nature of non-compliances” has been inserted.

[Notification No. NSDL/CIR/II/25/2024]

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