NSE and BSE directs its members to link Aadhar with Pan number by 31st March, 2022 ; PANs not seeded with Aadhar will be considered invalid from 01.04.2022

The National Stock Exchange and Bombay Stock Exchange have informed all its members to ensure that their existing and new clients comply with the requirement of linking the Aadhar with PAN by March 31, 2022.

 Further, it may be noted that the status of PAN-Aadhar seeding has been provided by the Exchange in UCC -> Download All report and through API.

 The PANs not seeded with Aadhar by the due date shall be considered invalid and not permitted to trade w.e.f. April 01, 2022. The clients who have failed to comply with the requirement of seeding the PAN with Aadhar by the due date, will not be able to place orders or square off their open position, if any, post March 31, 2022. Such open positions will naturally expire on the expiry date of the respective contracts.  The client will be permitted to trade only on compliance with the requirement.

For UCCs where the Aadhar is not seeded with PAN and the same is seeded subsequently, the trading members are required to request Exchange to seek the updated status of the seeding for the UCC. The request can be raised by sending email at user.trdops@bseindia.com with a subject “Request for PAN-Aadhar seeding verification (Clg no. XXXX)”. The updated status shall be available upon the completion of verification process.

Source : National Stock Exchange | Bombay Stock Exchange