class="MsoNormal">The National Securities Depository Limited (NSDL) on February 18, 2026, issued an 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 insertion of new nature of non-compliances with respect to Cyber Security Cyber Resilience Framework compliance requirements. The same is enclosed in track change mode as Annexure.
[Circular No: NSDL/POLICY/2026/0024]