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SEBI Circular: Database on Distinctive Number(DN) of Share

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SEBI on Friday came out with a Circular requiring Issuer/RTAs/Depositories to maintain a Database of the distinctive number of Issued Capital of Listed Companies (Physical  & Demat Share) and also to reconcile the same as and when there is any mismatch in the database.

The database shall include the following information –

  • Distinctive Numbers (From)
  • Distinctive Numbers (To)
  • Number of Equity shares
  • Name of stock exchange
  • Date of in-principle listing approval
  • Date of final trading approval / dealing permission
  • Trading start date
  • Physical/demat
  • Date of allotment and date of issue (date of credit to BO account)
  • ISIN along with name of company
  • Nature of ISIN [Temporary (Frozen) or Permanent (Active)]

Issuers/RTAs are required to take necessary steps to update the DN database. If case of mismatch with the data provided / updated by the Stock Exchanges, the Issuer/RTA to take steps to match the records and update the same latest by December 31, 2015.

The detailed circular can be accessed at the following link:  SEBI Circular dated 05.06.2015 for Data base of Distinctive Number of Shares.

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