It has been brought to the notice of SBEI that many non-residents such as NRIs, Overseas Citizens of India, Persons of Indian Origin and Foreign Nationals have been facing difficulties in transferring shares held by them since many of them do not possess PAN card. Therefore, SEBI has decided to grant relaxation to non-residents from requirement to furnish PAN for transfer of equity shares of listed entities.
from taxmann.com News http://bit.ly/2I7fdyH
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