SEBI relaxation to intermediaries/market participants in adherence to prescribed timelines

SEBI on February 25, 2022 has provided relaxation to intermediaries/market participants in adherence to prescribed timelines issued by SEBI due to Covid 19” dated April 13, 2020. The intermediaries/market participants may take an additional 30 days over the prescribed timelines for completion of following service requests:

1. Processing of Remat Requests
2. Processing of Transmission Requests
3. Processing of request for Issue of Duplicate Share Certificates
4. Processing of Requests for Name Deletion/ Name Change / Transposition
5. Processing of Requests for Consolidation / Split / Replacement of Share Certificates / Amalgamation of Folios
6. Handling Investor Correspondence / Grievances / SCORES complaint
7. Processing of the demat requests