Sebi to simplify process for issue of duplicate share docs

The Securities and Exchange Board of India (Sebi) is proposing to simplify the process for investors to obtain duplicate share certificates. The regulator suggested increasing the simplified documentation limit for duplicate securities to ₹10 lakh from ₹5 lakh, acknowledging the growth in market capitalization and investor portfolios. This move aims to reduce procedural burdens and enhance convenience for investors.