SEBI/HO/MRD/MRD -PoD -1/P/CIR/2024/87 — THE SECURITIES AND EXCHANGE BOARD OF INDIA ACT, 1992

MASTER CIRCULAR SEBI/HO/MRD/MRD -PoD -1/P/CIR/2024/87 June 24, 2024 All Recognised Stock Exchanges and Clearing Corporations having Electronic Gold Receipt Segment All Depositories All registered Vault Managers Dear Sir / Madam , Sub: Master Circular for Electronic Gold Receipts (EGRs) Securities and Exchange Board of India (SEBI) has been issuing various Circulars from time to time for specifying the framework of EGRs, its risk management, Standard Operating Guidelines for Vault Managers & Depositories , etc. In order to enable the stakeholders to have access to all the provisions mentioned in these circulars at one place, the provisions of the said circulars are incorporated in this Master Circular for EGRs . SEBI Master Circular No. SEBI/HO/MRD/MRD -PoD -1/P/CIR/2023/82 dated June 1, 2023 on Electronic Gold Receipts (EGR) was a compilation of relevant circulars issued by SEBI till March 31, 2023. This Master Circular incorporates all subsequent circulars issued on EGRs till May 31, 2024 and supersedes the Master Circular dated June 1, 2023 on EGRs. This Master Circular shall come into force from the date of its issue. The circulars mentioned in Annexure -C of this Master Circular shall stand rescinded with the issuance of the Master Circular . Notwithstanding such rescission , 4.1.anything done or any action taken or purported to have been done or taken under the rescinded circulars, including registrations or approvals granted fees collected, registration suspended or cancelled, any inspection or investigation or enquiry or adjudication commenced or show-cause notice issued prior to such rescission, shall be deemed to have been done or taken under the corresponding provisions of this Master Circular, 4.2.any application made to SEBI under the rescinded circulars, pr