SEBI/HO/MRD/MRD-PoD-2/P/CIR/2023/166 — THE SECURITIES AND EXCHANGE BOARD OF INDIA ACT, 1992

MASTER CIRCULAR SEBI/HO/MRD/MRD-PoD-2/P/CIR/2023/166 October 06, 2023 To, All Depositories Dear Sir / Madam, Subject: Master Circular for Depositories Securities and Exchange Board of India (SEBI), from time to time, has been issuing various circulars/directions to Depositories . Further, a Master Circular in the form of a compilation of all the relevant circulars was also issued on this subject on February 05, 2021. In order to enable the users to have access to all the applicable circulars/directions pertaining to depositories at one place, the Master Circular for Depositories has been prepared. This Master Circular shall come into force from the date of its issuance . This Master Circular covers the relevant circulars/communications pertaining to depositories issued by SEBI upto August 31, 2023 . References to the Statutes/Regulations which now stand repealed have been suitably updated in the Master Circular . This Master Circular rescinds the circulars and communications listed in Schedule -A . Notwithstanding such rescission: anything done or any action taken or purported to have been done or taken under the rescinded circulars, including registrations or approvals granted, fees collected, registration or approval suspended or cancelled, any inspection or investigation or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been done or taken under the corresponding provisions of this Master Circular; any application made to SEBI under the rescinded circulars, prior to such rescission, and pending before it shall be deemed to have been made under the corresponding provisions of this Master Circular; the previous operation of the rescinded circulars or anything duly done or suffered thereunder, any right, p