SEBI Changes Unpaid Shares Framework, Keeps Securities In Investors' Demat Accounts

SEBI has also barred brokers from using securities pledged under the unpaid shares mechanism to raise funding from banks or non-banking finance companies.

SEBI Changes Unpaid Shares Framework, Keeps Securities In Investors' Demat Accounts
SEBI has also barred brokers from using securities pledged under the unpaid shares mechanism to raise funding from banks or non-banking finance companies.