IND NSD Depository Freeze-Unfreeze Processing

Updated on: Oct 12, 2026

Latest Event


  • Oct. 2026 Enhancements
  • On Oct. 6, 2026, IND NSD announced changes to freeze reason and order type fields used when freezing demat accounts, effective Oct. 30.
  • Participants are advised to take note of the changes and make necessary system and operational arrangements to ensure smooth implementation.

On Aug. 19, IND NSD enhanced freeze and unfreeze processing.

  • IND NSD enhanced its depository system for participant-initiated freeze/unfreeze instructions to standardize capture of regulatory/statutory order details.
  • Follows IND NSD Jun. 2024 notified discontinuation of existing file formats, #215607.
  • Document dated Aug. 19, 2026, received from IND NSD Aug. 20, summarized Aug. 21.
  • Enhancements
  • For applicable demat account freezes, participants must capture regulatory authority details, including the issuing official’s name, address, phone number, and email; missing details should be entered as “not available.”
  • Participants must also capture the order date, while order type is conditionally required for the freeze reason “statutory order - SEBI order/SEBI directive (SSO).”
  • Corresponding ISO tags for regulatory authority details, order type, and order date have been added to transaction upload and change order of the day (COD) formats under UDiFF version 3.0.1.2, requiring relevant back-office updates.
  • Effectiveness
  • The enhancements will be deployed to production from EOD Aug. 28, 2026, and participants must make the necessary system and operational arrangements.
  • Oct. 2026 Enhancements
  • On Oct. 6, 2026, IND NSD announced changes to freeze reason and order type fields used when freezing demat accounts, effective Oct. 30.
  • Participants are advised to take note of the changes and make necessary system and operational arrangements to ensure smooth implementation.
Regulators
IND NSD
Entity Types
B/D; Depo
Reference
Cir NSDL/POLICY/2026/0151, 10/6/2026; Cir NSDL/POLICY/2026/0117, 8/19/2026
Functions
Compliance; Operations; Technology
Countries
India
Category
State
N/A
Products
Custody; Securities
Rule Type
Final
Regions
AP
Rule Date
Aug 19, 2026
Effective Date
Oct 30, 2026
Rule ID
310131
Linked to
Reg. Last Update
Oct 6, 2026
Report Section
International