SEBI on February 24, 2022 has Extended timelines and relaxations for existing account holders for Nomination for Eligible Trading and Demat Accounts. Existing investors who have not submitted nomination details till date and intend to submit their nomination or opt out of nomination (not to nominate any one) may also be allowed to do so by way of two factor authentication (2FA) login on the internet trading platform for Stock Brokers/Depository Participants providing such services.
The details previously required like mobile number, e-mail ID and identification details of the nominee(s)/guardian(s)of the minor nominee(s)have been made optional.
