NSDL issued amendment to Business Rule of NSDL Penalty Structure

Dec 06, 2025 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe National Securities Depository Limited (NSDL) on December 05, 2025, issued amendment to Business Rule of NSDL - Penalty Structure.

All Participants are hereby informed that the amendments have been made to rule 18.1.1 of NSDL Business Rules with respect to “Non-Submission of data for risk-based supervision in Risk Assessment Template (RAT) within the prescribed time period.” and the same is enclosed in track change mode as Annexure. 

Kindly find the Annexure attached to the document below. 

[Circular No.: NSDL/POLICY/2025/0158]


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