To
All Members/Participants,
On 23rd June 2023, SEBI had issued circular on “Trading Supported By Blocked Amount In Secondary Market” (Circular reference no. SEBI/HO/MRD/MRD-PoD-2/P/CIR/2023/99).
From implementation perspective of the circular, all MIIs have deliberated on standard operating procedures to be followed, and it is issued under Notice No 20231012-57.
Please find the attached herewith document received from NPCI as reference document for members for initiating the request in secondary market through UPI (QR and Intent).
Members are requested to take note of the same.
For and on behalf of the Indian Clearing Corporation Limited.
Hitesh Shah Mrunal Amberkar
Deputy General Manager Senior Manager
Operations Operations
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