CDSC to suspend Mero Share services for accounts with unpaid annual fees
Summary
CDSC will suspend Mero Share services for Demat accounts with unpaid annual maintenance fees starting August 1, 2026, after giving account holders until July 31, 2026 to clear dues.
Key Points
- CDSC has directed Depository Participants to suspend Mero Share services for accounts with unpaid annual fees.
- The directive follows the Central Depository Services Regulations, 2010 concerning unpaid charges for Demat accounts.
- Account holders have until July 31, 2026 to clear their outstanding annual maintenance fees.
- Services will be suspended from August 1, 2026 if fees remain unpaid.
