Sebi comes out with procedural requirement to process investors' service requests by RTAs
"The security holder(s) whose folio(s) have been frozen shall be eligible for any payment, including dividend, interest or redemption payment in respect of such frozen folios, only through electronic mode with effect from April 1, 2024. An intimation shall be sent by the listed company to the security holder that such payment is due and shall be made electronically only upon complying with the requirements," Sebi said.
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