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Use of liquid mutual funds and overnight mutual funds for compliance with deposit requirement by Investment Advisers and Research Analysts

 This is with reference to SEBI circular No. SEBI/HO/MIRSD/ MIRSD-PoD/P/CIR/2025/116 dated August 12, 2025, regarding the captioned subject. The circular is attached as an Annexure.

A separate notice shall be issued by the Exchange regarding procedures for implementation of the provisions of this circular.

Investment Advisers are requested to take note of the same and ensure compliance