INCOME TAX10 Sept 2026
SEBI launches Demat 2.0: Key FAQs on the pilot project for tokenised corporate bonds answered
SEBI has launched Demat 2.0, a pilot that puts corporate bonds on distributed ledger technology, or DLT. Your bond keeps the same ISIN, coupon, maturity and investor rights — only the recording technology changes. It works through your existing demat account and a CBDC (e-rupee) wallet with your bank. It is only a pilot now, so wait and watch for retail participation.
Key Statutory Highlights
- SEBI has launched Demat 2.0, a pilot project to test tokenisation of corporate bonds using distributed ledger technology, or DLT.
- The pilot does not change the bond's legal character, investor rights, ISIN, coupon, maturity, covenants, rating or security — only the technology used to record ownership, transfer securities and settle funds changes.
- There is no separate trading venue or new demat account; the issuer uses the existing stock exchange Electronic Bidding Platform, and investors use their existing KYC and a CBDC (e-rupee) wallet with their bank.
Actionable Advice for Taxpayers / Founders:You do not need to do anything right now, since Demat 2.0 is only a pilot. If your broker or depository participant offers it, ask whether you can take part, and keep your existing KYC and demat details up to date.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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