SEBI Master Circular for Depositories is a compilation of the relevant circulars/communications issued by SEBI up to March 31, 2019 and shall come into force from the date of its issue. References in the circular to the Statutes/Regulations which now stand repealed, have been suitably updated.

Securities and Exchange Board of India

MASTER CIRCULAR

SEBI/HO/MRD/DP/CIR/P/118

October 25, 2019

To,

All Recognized Depositories

Dear Sir / Madam,

Subject: Master Circular for Depositories

1. Securities and Exchange Board of India (SEBI), from time to time, has been issuing various circulars/directions to Depositories. In order to enable the users to have an access to all the applicable circulars/directions at one place, Master Circular for Depositories has been prepared.

2. This Master Circular is a compilation of the relevant circulars/communications issued by SEBI up to March 31, 2019 and shall come into force from the date of its issue. References in the circular to the Statutes/Regulations which now stand repealed, have been suitably updated.

3. The Master Circular is a compilation of all the existing/applicable circulars issued by Market Regulation Department of SEBI pertaining to Depositories. Efforts have been made to incorporate applicable provisions of existing circulars issued by other Departments of SEBI relevant to Depositories.

4. In case of any inconsistency between the Master Circular and the applicable circulars, the content of the relevant circular shall prevail.

5. This Master Circular shall supersede previous Master Circular SEBI/HO/MRD/DP/CIR/P/2016/134 dated December 15, 2016 and is available on SEBI website at www.sebi.gov.in.

Yours faithfully

Amit Tandon
General Manager

Download Full Text of the Master Circular

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