SEBI Simplifies Framework for Transmission of Securities

SEBI simplifies and standardizes framework for Transmission of Securities through a circular dated 23.07.26

This circular is issued in exercise of powers conferred under Section 11(1) of Chapter IV of the SEBI Act, 1992 and section 19 of the Depositories Act,1996 along with regulation 101 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Regulation 37 and 38 of SEBI (Registrars to an Issue and Share Transfer Agents) Regulations, 2025. This circular has been brought in with the objective of ease of doing investment and ease of doing business.

The key features of this framework include-

1. introduction of a standard harmonised and risk-based process for transmission of securities
2. introduction of a new category called Quick Transmission Processing for small value claims
3. simplified and standardized the documents required for transmission
4. framework becomes effective 30 days from the date of the circular
5. processing entities to apply the revised framework even to requests received before the effective date
6. processing entities to send monthly reports to SEBI for 6 months.

Reference Link