Sebi introduces fast-track process for securities transmission
Image source: economictimes.indiatimes.com

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Sebi introduces fast-track process for securities transmission

The Securities and Exchange Board of India (Sebi) has introduced a fast-track process for securities transmission, aimed at simplifying the claims process for investors. This new framework eliminates the need for probate of a will and reduces documentation requirements, making it more efficient for small-value claims. Claims up to ₹10 lakh in physical form and ₹30 lakh in demat form are now covered, enhancing investor convenience and promoting a more user-friendly environment in the securities market.

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