Nomination in Accounts
All investors are encouraged to record / update nomination in their trading account with trading members, depository (demat) accounts with depository participants and bank accounts with banks by following their prescribed procedure and submission of required documents.
In terms of SEBI’s master circular dated May 17, 2023 as Trading Members we are communicating regularly with you to provide ‘choice of nomination’ in your trading account with us at the earliest.
As per NSE circular download ref: NSE/ISC/57234 dt 22.06.2023, Trading Members are requested to ensure that the choice of Nomination is updated for all their clients and the same has been updated in the UCC database of the Exchange on or before September 30, 2023, failing which such clients shall not be permitted to trade on the Exchange. Please take immediate action to ensure your trading account continues to have permission to trade on the Exchanges.