SEBI Circular Dated 05/02/2026 – Creation/Invocation of pledge of securities through Depository System  

The circular requires that depositories must now ensure that pledge request forms contain undertakings by the pledgee to provide reasonable notice to the pledger before sale of pledged securities and to comply with applicable contract law and regulatory provisions. Further, upon invocation of a pledge, depositories are required to send immediate intimation to both the pledger and pledgee confirming invocation and recording of the pledgee as the beneficial owner. 

(Link: SEBI Circular Dated 05/02/2026)

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