PAN-THE SOLE ID NO.
The Securities and Exchange Board of
India (SEBI) vide circular No. MRD/DoP/
Cir- 05/2007 dated April 27, 2007 has
made Permanent Account Number (PAN)
the sole Identification Number (ID No.)
for all participants in the securities market,
irrespective of the amount of transaction.
In light of the above, it has been decided
to discontinue with the requirement of
Unique Identification Number (UIN)
under the SEBI (Central Database of
market Participants Regulations), 2005
(MAPIN regulations)/circulars.
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