We are pleased to announce a significant update from CDSL on the security measures for 'Off-Market' transactions in Demat accounts. Effective from December 30, 2023, it is mandatory to register the Buyer's Demat Account as a beneficiary under the Seller's Demat Account for these transactions. This process, verified via OTP, aims to enhance the security and accuracy of your transactions.
For more information, kindly refer to this circular. We encourage you to familiarize yourself with these changes.