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India Sees Boost in Securities Transmission
The Securities and Exchange Board of India has introduced new rules to simplify the process of transmitting securities to legal heirs, with the limit doubled to Rs 30 lakh, as part of its broader efforts to ease doing business in 2026, the move aims to reduce paperwork and make the process more efficient for those dealing with the securities of deceased individuals, the change is expected to have a significant impact on the Indian market
The reform complements Sebi's broader 2026 ease-of-doing-business initiatives. Key points of the new rules include:
- *Simplified process* for transmitting securities to legal heirs,
- *Doubled limit* to Rs 30 lakh.
The change aims to reduce paperwork and make the process more efficient for those dealing with the securities of deceased individuals.
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