CDSL notified regarding the introduction of the "Pledge History Inquiry" Menu for Closed Pledges/ Pledge Rejection Reason Codes

Jan 13, 2025 | by TeamLease RegTech Legal Research Team

Free Legal updates for the week 00


Secretarial ComplianceThe Central Depository Services (India) Limited (CDSL) on January 11, 2025, notified regarding the introduction of the "Pledge History Inquiry" Menu for Closed Pledges/ Pledge Rejection Reason Codes.

The following has been stated namely: -

• It states that the Closed pledge transactions till March 31, 2024, will be moved to the "Pledge History Inquiry" menu during purging on January 12, 2025, to enhance inquiry efficiency.

• It states that Revised Rejection Reason Codes for Pledge/Unpledge transactions, reflected in DP37 reports as per the CDSL communique, will go live on January 24, 2025, effective from January 25, 2025.

[Circular no. - CDSL/OPS/DP/SYSTM/2025/28]


Bookmark

Related Updates



Alternate Text

Get updates on the go on RegUpdate Mobile App.

NEW  ·  AI ASSISTANT