New Delhi, Aug. 2 -- The Securities and Exchange Board of India (SEBI) has released an official update regarding the phases of implementation for the Nomination Circular. Initially, the new requirements under Phase II and Phase III were planned to take effect on June 1, 2025, and September 1, 2025, respectively. In response to industry feedback and to support system enhancements by depositories, depository participants, and industry associations, SEBI has provided an extension for these phases. The revised timeline now places the implementation date for Phase II on August 8, 2025, while Phase III is set to begin on December 15, 2025. All other aspects and provisions within the original circulars dated January 10, 2025, and February 28, 20...
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