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Review of Annual Custody / Issuer Charges- (Securities and Exchange Board of India) (09 Dec 2015)

MANU/SDEP/0010/2015

Capital Market

The Securities and Exchange Board of India has enhanced custody/issuer charged to be collected by depositories from issuers. Per folio charge has been increased from Rs. 8 lakhs to Rs. 11 lakhs. Among other reimbursements, Depository Participants will pay an incentive of Rs. 100 for new Basic Services Demat Accounts in cities other than the ‘top 15 cities’.

Relevant : Review of Dematerialisation Charges MANU/SSMD/0010/2005 Review of Annual Issuers charges MANU/SSMD/0010/2011

Tags : SEBI CUSTODY ISSUER CHARGES INCREASE

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