Noextensionofdeadline for investors to submit PAN details
The Government has ruled out extending
the December 31 deadline for investors to
submit their PAN details to depositories
for trading on the Stock Exchanges.
The move is aimed at tightening Sebi’s
regulations following the IPO scam.
Investors who donot provide PAN by
December 31, 2006 can’t debit Demat
accounts and trade on bourses from
January 1, 2007.
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