The Central Depository Services (India) Limited (CDSL) on January 13, 2026, issued a circular related to Validation Of KYC Records With KRA.
KRAs have provided the list of PANs for which KYC records are not found to be valid due to various reasons (invalid PANs due to any reasons) and PANs updated during December 01, 2025, to December 31, 2025.
Based on the details of non-validated PANs received from KRAs updated as on December 31, 2025. DP wise list of Demat accounts identified against the said non-validated PANs are made available by CDSL in the DPs billing folder with file naming convention as “BLNG<<DP ID>>_ KRA_DEFICIENT_BO_06012026.tar” for follow up with identified deficient BOs.
The aforesaid Demat accounts will be frozen for both - debit and credit with freeze reason code “27 – Account holder related–KYC non-compliant” on Saturday, January 31, 2026, considering the updated data made available by KRAs as on January 29, 2026.
[Circular No. CDSL/OPS/DP/POLCY/2026/30]