SEBI Regulations Amendment Notification Dated 30/04/2025

Amendments to SEBI Depositories and Participants Regulations: The amended provisions allow non- independent director on a depository’s governing board can be appointed to a recognized stock exchange, clearing corporation, or another depository with SEBI’s prior approval, but only after a cooling-off period specified by the appointing depository’s governing board. Also a public interest director to be reappointed for a further three-year term in another depository, stock exchange, or clearing corporation after a cooling-off period determined by the appointing body, applicable specifically to appointments in competing depositories. (SEBI Notification Dated 30/04/2025)

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