In order to provide ease of doing business to the depository participants (DPs) and ease of doing investments for the investors, it has been decided to exclude the following securities for reckoning the threshold for BSDA:
- Zero Coupon Zero Principal (ZCZP) bonds
- Delisted securities
The valuation of the illiquid securities shall be at last closing price for calculating the threshold for BSDA. Further, DPs shall now be required to reassess the BSDA eligibility every quarter and require the beneficiary owner to submit consent to avail / continue to avail the facility of a regular demat
account by active consent through a verifiable channel as specified by the Depositories.
