As per SEBI guidelines, you can add up to Three Nominees to your Lakshmishree (Shree Varahi) trading and demat account. While adding multiple nominees, you will also be required to specify the Percentage Of Allocation for each nominee.
The total allocation percentage must add up to 100%. For example, if you add two nominees, you can allocate 50% to each, or any other percentage distribution of your choice.