As per the latest SEBI instructions, Demat Account holders are required to provide the nominee information in their Demat account by March 31, 2023, or their Demat/trading account will be temporarily suspended until the nominee information is updated.
According to the most recent instructions given by the Mstock Stock Broker, you must complete an offline process in order to add a nominee to your Mstock Demat Account.
The process is as follows if you want to update a nominee in your Demat account:
1) Download the nominee updating form the mstock website.
2) Print and complete the information.
3) Send the completed form by courier to their office.
For specific information on how to add nominee to your mstock demat account , check out the circular on mstock’s official website: https://images.mstock.com/emailer-images/service-emailer/Nominee-Updation-Email.html,