Monday, January 15, 2007

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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