National Securities Depository Limited (“NSDL”) has made amendments to Byelaws and Business Rules regarding penalties on Issuers and Registrar and Transfer Agents (RTAs).
The amendments to penalties as prescribed at Bye-Law 11.8 is enclosed as Annexure A and amendments to penalty structure as prescribed at Chapter 18.2 of NSDL Business Rules is enclosed as Annexure B.
Click on the below link to have a detailed read of the circular.
Source : Securities and Exchange Board of India
