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IIFL Securities Ltd - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015
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24 Feb 2021
This is to inform you that NSDL and CDSL vide circular dated February 06, 2021, had informed that the trading, as well as, the demat accounts held by Karvy Stock Broking Limited (Karvy) shall be transferred to another Member/ Participant through a formal bidding process on the basis of laid down eligibility criteria. &lt;BR&gt; &lt;BR&gt; In accordance with the above, IIFL Securities Ltd. had participated in the formal bidding process for transfer of demat accounts held by Karvy. &lt;BR&gt; &lt;BR&gt; This is to inform you that IIFL Securities Ltd. has emerged as the successful bidder for demat accounts held by Karvy with NSDL and CDSL. The said transfer of demat accounts is subject to remittance of the bid amount and submission of the necessary documents in relation thereto. &lt;BR&gt; &lt;BR&gt; You are requested to take note of the above.
View all announcements for IIFL Securities Ltd Source: BSE India