This is with reference to the ‘Nomination for Trading and Demat account’ circular issued by the Securities and Exchange Board of India (SEBI). As per the circular, it is compulsory for clients to update nominee details in their Demat account before 31st March 2023 failing which their Demat/trading account will be temporarily suspended, until the nominee details are updated.

In this regard, we have noticed a lot of clients rushing to our platform to update their nomination. However, we assure you that there is no need to panic as we have already taken care of the new regulatory requirement during the time of your account opening itself. So relax and continue trading with m.Stock without worrying about the above regulation.

However, if you still wish to update nominee in your Demat account, please follow the below steps:
  • Download the nominee updation form
  • Fill in required details and attach self-attested nominee identity proof (Aadhaar/PAN/Voter ID/Valid Passport)
  • Courier the form and the nominee identity proof to the below address:
    Mirae Asset Capital Markets (India) Private Limited, KYC Team,
    1st Floor, Tower 4, Equinox Business Park,
    LBS Marg, Off BKC, Kurla (West), Mumbai – 400 070
In case of any queries, please connect with us on 1800-210-0818 or write to us on
Thank you,
Team Mirae Asset