The Central Depository Services (India) Limited (CDSL), on November 11, 2026, has reiterated its instructions regarding non-charging of Annual Maintenance Charges (AMC) on demat accounts consisting of illiquid, suspended or delisted securities, with reference to its earlier Communiqué dated September 30, 2025.
CDSL has shared DP-wise lists of Beneficial Owner (BO) IDs whose demat accounts are in “To be Closed” status and hold only securities that are illiquid, suspended from trading or delisted. The respective lists are available in the DPs’ billing folders under the file naming convention BLNG<<DP ID>>NO_AMC_ISINS_10112026.tar. No file will be available where no such BO IDs exist for the concerned DP.
Depository Participants (DPs) are advised not to charge AMC to the identified BO IDs, subject to the conditions specified in the earlier communiqué dated September 30, 2025, and must ensure compliance with the instructions.
[CDSL Communiqué No. CDSL/OPS/DP/POLCY/2026/792]
