The Economic Times News

Explained: Sebi eases norms for duplicate securities, increases limit, and simplifies documentation. 5 things to know

The Securities and Exchange Board of India has doubled the monetary threshold for simplified documentation when issuing duplicate securities. Investors holding securities valued up to Rs 10 lakh will now face fewer procedural burdens. This move aims to ease compliance and remove inconsistencies. Notarisation of the Affidavit-cum-Indemnity Bond is also waived for securities up to Rs 10,000.