SEBI Update – Clarification with regard to usage of 3 – in – 1 type accounts for making an application in public issue of securities

It is clarified that, in addition to existing modes of making an application in public issue of securities as specified under para 2 of the aforesaid Master Circular and notwithstanding the provision specified under para 2 of SEBI circular  dated September 24, 2024, investors may continue to submit the bid-cum application form online using the facility of linked online trading, demat and bank account (3-in-1 type accounts).

Link – https://www.sebi.gov.in/legal/circulars/oct-2024/clarification-with-regard-to-usage-of-3-in-1-type-accounts-for-making-an-application-in-public-issue-of-securities_87747.html

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