class="MsoNormal" style="text-align: justify;">The National Stock Exchange (NSE) on February 20, 2025, notified regarding the enhancement of operational efficiency and Risk Reduction – Pay-out of securities directly to client demat account.
It notifies that the implementation of direct securities pay-out to client demat accounts, with trading members advised to comply with the guidelines from NCL and ICCL through their circulars dated February 14, 2025, have provided implementation timelines and clarifications, including revisions to point no.14 on "Auction for Internal Shortages" in their standard operating guidelines.
[Circular No: NSE/INSP/66759]
