CIRCULAR
SEBI/HO/GSD/TAD/P/CIR/2023/149 September 4, 2023
To
All listed Companies through the Stock Exchanges
Dear Sir/Madam
Sub: Change in Mode of Payment w.r.t. SEBI Investor Protection and Education
Fund Bank A/c
1. Please refer to Circular no. SEBI/HO/ISD/ISD/CIR/P/2020/135 dated July 23,
2020 wherein SEBI had prescribed that the amounts shall be credited to the
SEBI Investor Protection and Education Fund through online mode or by way
of a demand draft (DD) in favour of the Board (i.e. SEBI IPEF). Henceforth,
remittances to SEBI IPEF shall be made only through the below mentioned link.
2. SEBI has opened a new bank account to facilitate market participants to make
payment to SEBI Investor Protection and Education Fund (SEBI IPEF). In this
regard, a link has been provided in the Homepage of SEBI website
(www.sebi.gov.in) under the head “Click here to make payment to SEBI
IPEF”. The link enables the remitter to make payment in any of the following
manner:
- Net banking
- NEFT/RTGS
- Debit Cards
- UPI
3. While making the remittances online, through the above link, remitters shall
furnish the requisite information like name of the payer, PAN, mobile number,
email ID, the purpose for which payment is made, the amount to be paid, etc.
4. The Stock Exchanges are advised to take note of the same and inform the
above changes to all the companies listed on their Exchange through a Circular.
5. This circular is issued in exercise of the powers conferred under section 11(1)
of the Securities and Exchange Board of India Act, 1992 and shall come into
force with immediate effect.
6. This circular is available on SEBI Website at www.sebi.gov.in under the
category “Circulars”.
Yours faithfully,
SALMANU K K
Deputy General Manager
Tel. No.022-26449641
Email id: salmanuk@sebi.gov.in