Retail traders below 25 lac cannot trade anymore?

General
1

Lot of unconfirmed news floating. Some one please clarify.

After sebi mandates networth certificate of minimum 25 lacs. What if i produce that nw rth letter of 25 lacs. Next day i buy shares worth 24 lacs. Holding value on t + 2 is 24 lac delivery based equity

Now in just 7 days i get 2 lac profit. Now my portf9lio holding is 26 lacs

Now will sebi sell some of my shares thru my broker to bring back my holding value to 25 lac?

Also once holding value is 26 lacs am i banned to buy anymore shares?

Also is intraday turnover also must be added with total holding value which cannot exceed 25 lac networth?

Please someone clarify me without hurting

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2

for time being ignore this news…this is just one of the many proposals in front of sebi.
Already its taking huge criticism from all corners.
Dont worry till any concrete news or decisions comes out.

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