Circular No. NSDL/POLICY/2006/0024
Date: July 7, 2006

Attention of Participants is invited to circular no. NSDL/POLICY/2006/0007 dated March 3, 2006, regarding SEBI directive on PAN.

Participants have brought to our attention that Clients have reported the following problems:

(i) PAN card has been lost / misplaced or PAN card was never received but has the PAN allotment letter from the Income Tax Department;

(ii) Change in the name of the Client due to marriage or voluntary action etc., (in case of individuals) or due to merger, amalgamation etc (in case of a corporate entity).

In this regard, Participants are advised that the Income Tax Department issues a new PAN card with the same PAN with changes in PAN data, for the above reported problems. For detailed procedure, Participants may refer http://www.incometaxindia.gov.in or http://www.tin-nsdl.com

For and on behalf of
National Securities Depository Limited