New Delhi: A Demat account is required to buy and sell stocks in the stock market. If you also have a demat account and you have not completed the nomination process then you may face a big problem later. The deadline for updating nominations for demat accounts is just 7 days away. Investors have till 30 September 2023 to complete this process.
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Market regulator SEBI has already extended the deadline for completion of nomination in demat accounts. Earlier, the deadline for nomination was 31 March 2023. Subsequently, SEBI extended this date to 30 September. In case of non-completion of nomination process, SEBI will deactivate such account and after making nomination it can be reactivated.
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