NSDL monitor the aggregate investment limits of FPI group based on demat holdings data, daily on an end of day basis. FPIs belonging to the same investor group are serviced by different custodians, the custodians report the holdings of such FPIs to NSDL. NSDL club the investments of such FPIs and ensure that combined holdings of all these FPIs remains below 10% of the total paid up equity capital in a listed or to be listed company on a fully diluted basis at any time. NSDL forthwith report the details of those FPIs who are responsible for breach of investment limit to SEBI.
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Companies can utilize NSDL's tax services to accurately assess the applicable rates for deducting tax at source from dividend payments. This service operates on a subscription basis, providing companies with essential tools to navigate tax compliance efficiently and effectively.
The Common Application Form acts as a Single Window clearance wherein FPI applicants fill a single form (as prescribed by Govt. of India) in an electronic manner and obtain registration with SEBI, PAN from the Income Tax Department, KYC, and Open bank and demat account in India.
With the use of STeADY, brokers can electronically deliver and submit contract notes to custodians and fund managers through the transmission of digitally signed, encrypted transaction information.