The Securities and Change Board of India (Sebi) is mulling direct payout of securities to the shoppers’ demat accounts by clearing firms. Presently, the method is voluntary. The clearing company follows the method of crediting the securities payout within the dealer’s pool account. The dealer then credit the identical to the respective shoppers’ demat accounts.


“In a transfer to boost operational effectivity and scale back the chance to shoppers’ securities, it has been deliberated to make the method of direct payout of securities to the consumer account necessary,” mentioned Sebi in a proposal on Thursday. Sebi has sought public feedback by Might 30.

Invit buying and selling lot measurement could also be decreased to Rs 25 lakh


The markets regulator has proposed to scale back the buying and selling lot measurement of Infrastructure Funding Trusts (Invits) to Rs 25 lakh from Rs 1 crore. The proposal goals at growing liquidity of privately positioned Invits by permitting a broader base of traders to take part. Sebi mentioned that the transfer will promote diversification of funding portfolio and allow traders to handle threat higher. Sebi has additionally proposed a change within the norms for sponsors in Invits beneath which a change within the sponsor will probably be both resulting from a brand new sponsor or the exit of present sponsors. “The proposed revision goals to make clear the potential modifications in sponsorship, together with the exit of a co-sponsor with out essentially inducting a brand new sponsor,” mentioned Sebi.  

First Printed: Might 10 2024 | 12:09 AM IST

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