Mumbai, Dec. 25 -- Market regulator Securities and Exchange Board of India (SEBI) has further simplified the procedure for issuing duplicate securities certificates to enhance ease of investment, strengthen investor protection, and promote dematerialisation.

In an official statement on Wednesday, the regulator said it has decided to raise the simplified documentation threshold from Rs 5 lakh to Rs 10 lakh. The move is expected to significantly reduce procedural burden for investors seeking issuance of duplicate securities and make the overall process more efficient and investor-friendly.

It stated "To facilitate ease of doing investment for investors, it has been decided to increase the threshold for simplified documentation from the cu...