The National Securities Depository Limited (NSDL) on February 06, 2026, notified regarding the extension of the timeline for Upload of Client KYC Records to KRAs for Validation.
The following has been stated namely:-
• “Simplification of KYC Process and Rationalisation of Risk Management Framework at KRAs”, inter alia, clarifies the following points :
• Clients may commence transactions in the securities market upon completion of the KYC process; however
• Clients whose KYC attributes are not verified by the KRAs shall not be permitted to transact further until such verification is completed.
• In this context, Participants are hereby advised to ensure that the KYCs of all the non-closed clients have been uploaded to the KRAs, and only those clients are allowed to transact whose KRA status is either “KYC Registered” or “KYC Validated”. This is essential to ensure seamless interoperability across market participants and avoid any inconvenience to the investors.
[Circular No.: NSDL/POLICY/2026/0018]
