Extension of timeline for implementation of SEBI Circular ‘Margin obligations to be given by way of pledge/Re-pledge in the Depository System’ dated June 03, 2025

SEBI, vide its Circular dated August 18, 2025, has extended the implementation timeline of its earlier circular dated June 03, 2025 on “Margin obligations to be given by way of pledge/re-pledge in the Depository System” from September 01, 2025 to October 10, 2025. The extension has been granted based on representations from depositories (CDSL and NSDL) seeking additional time for system development and testing to ensure smooth and disruption-free implementation.

Link: https://www.sebi.gov.in/web/?file=https://www.sebi.gov.in/sebi_data/attachdocs/aug-2025/1755513146159.pdf#page=1&zoom=page-width,-15,84