SEBI has revised the timeline for submission of annual audited accounts/net worth certificate by stock...

SEBI has revised the timeline for submission of annual audited accounts/net worth certificate by stock brokers/depository participants from September 30th to October 31st of the relevant year. This modification aims to promote ease of doing business. Stock exchanges and depositories must notify their members/participants, amend relevant bye-laws/rules/regulations, and update SEBI on implementation status. The circular is issued under SEBI Act 1992 and Depositories Act 1996 to safeguard investor interests and regulate securities markets. .....

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