Adding a nominee to your demat account is now mandatory last date - 31st March 2023.
πSEBI( Securities Exchange Board of India) has mandated all the demat and trading account holders to register a nominee before 31st March 2023.
πIf not done, there are chances that your demat accounts will get frozen by 1st April onwards.
πAnd the regulators also asked all investors to link their PAN with Aadhaar number by March-end for continual and smooth transactions in the securities market.
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