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SEBI Duplicate Securities Rules: Limit Raised to ₹10 Lakh

29 December 20251 min read
BANKING & FINANCESEBI DuplicateSecurities Rules:Limit Raised to ₹10Lakh29 December 2025safalsetu.com

Why in the news

SEBI standardised and simplified duplicate certificate issuance, easing investor compliance.

Key facts

  • Holdings up to ₹10 lakh get the lighter process.
  • Claims up to ₹10,000: self-declaration or undertaking in place of notarisation.
  • Documents already filed under earlier rules need not be resubmitted.
  • Above ₹10 lakh: FIR or police complaint or court papers, newspaper advertisement if required, and extra due diligence at the issuer’s discretion.

Objectives

  • Faster processing and less compliance.
  • Push dematerialisation.
  • Uniform practice across listed companies and RTAs.

Exam angle

  • Limit: ₹5 lakh to ₹10 lakh.
  • Notarisation waived: up to ₹10,000.

Test yourself

1. SEBI raised the threshold for simplified documentation for duplicate securities certificates to what amount?

The limit doubled from ₹5 lakh to ₹10 lakh.

2. Under SEBI's duplicate securities norms, notarisation is no longer mandatory for securities valued up to what?

For securities up to ₹10,000 a self-declaration or undertaking is enough.

3. In what form will all duplicate securities be issued under SEBI's revised procedure?

SEBI mandates that duplicates are issued only in demat form.