2025-12-24
The Securities and Exchange Board of India (SEBI) has issued a circular to simplify the procedure for issuing duplicate securities certificates and standardize required documentation. The regulator increased the threshold for simplified documentation from Rs. Five Lakhs to Rs. Ten Lakhs and eliminated notarization requirements for claims up to Rs. Ten Thousand. These measures, effective immediately, apply to ongoing requests and aim to enhance investor convenience while promoting the dematerialization of securities.