SEBI:
SEBI has eliminated Letters of Confirmation, permitting direct credit of securities to investors’ demat accounts. Issuers/RTAs must verify and credit securities within 30 days. The circular is effective from 2 April 2026.
(CIRCULAR NO. HO/38/13/(3)2026-MIRSD-POD/I/3763/2026 dated 30.01.26)
