SECURITIES AND EXCHANGE BOARD OF INDIA
SECONDARY MARKET DEPARTMENT
Mittal Court, A Wing, Gr. Floor,
224, Nariman Point, Mumbai 400 021
SMDRP/POLICY/CIR-36 /98
December 03, 1998
To:
The President/Executive Directors/Managing Directors
of All the Stock Exchanges.
Dear Sir,
Central Board of Direct Taxes vide its notification dated October 09, 1998 (copy enclosed) has made it mandatory for every person to quote his/her PAN/GIR in all documents pertaining to any contract of a value exceeding ten lakh rupees for sale or purchase of securities as defined in Clause (h) of Section 2 of the SCRA.
You are advised to keep your members informed about the above, for needful compliance.
Yours faithfully,
P.K.BINDLISH
Division Chief
Secondary Market,Depository
Research & Publications Department
E-mail:[email protected]
