Attention Investors!

1. Prevent Unauthorized Transactions in your DEMAT/Trading account: Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NDSL / CDSL on the same day ! - issued in the interest of investors.
2. KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

Advisory for investors pursuant to NSE Circular Ref. No: 45/2021 and BSE Notice no. 20210827 – 44 dated 27/08/2021

1. Beware of fixed/guaranteed/regular returns/ capital protection schemes. Brokers or their authorized persons or any of their associates are not authorized to offer fixed/guaranteed/regular returns/ capital protection on your investment or authorized to enter into any loan agreement with you to pay interest on the funds offered by you. Please note that in case of default of a member claim for funds or securities given to the broker under any arrangement/ agreement of indicative return will not be accepted by the relevant Committee of the Exchange as per the approved norms.
2. Do not keep funds idle with the Stock Broker. Please note that your stock broker has to return the credit balance lying with them, within three working days in case you have not done any transaction within last 30 calendar days. Please note that in case of default of a Member, claim for funds and securities, without any transaction on the exchange will not be accepted by the relevant Committee of the Exchange as per the approved norms.
3. Check the frequency of accounts settlement opted for. If you have opted for running account, please ensure that your broker settles your account and, in any case, not later than once in 90 days (or 30 days if you have opted for 30 days settlement). In case of declaration of trading member as defaulter, the claims of clients against such defaulter member would be subject to norms for eligibility of claims for compensation from IPF to the clients of the defaulter member. These norms are available on Exchange website at following link: https://www.nseindia.com/invest/aboutefaulter-section 
4. Brokers are not permitted to accept transfer of securities as margin. Securities offered as margin/ collateral MUST remain in the account of the client and can be pledged to the broker only by way of ‘margin pledge’, created in the Depository system. Clients are not permitted to place any securities with the broker or associate of the broker or authorized person of the broker for any reason. Broker can take securities belonging to clients only for settlement of securities sold by the client.
5. Always keep your contact details viz. Mobile number/Email ID updated with the stock broker. Email and mobile number is mandatory and you must provide the same to your broker for updation in Exchange records. You must immediately take up the matter with Stock Broker/Exchange if you are not receiving the messages from Exchange/Depositories regularly.
6. Don't ignore any emails/SMSs received from the Exchange for trades done by you. Verify the same with the Contract notes/Statement of accounts received from your broker and report discrepancy, if any, to your broker in writing immediately and if the Stock Broker does not respond, please take this up with the Exchange/Depositories forthwith.
7. Check messages sent by Exchanges on a weekly basis regarding funds and securities balances reported by the trading member, compare it with the weekly statement of account sent by broker and immediately raise a concern to the exchange if you notice a discrepancy.
8. Please do not transfer funds, for the purposes of trading to anyone, including an authorized person or an associate of the broker, other than a SEBI registered Stock broker.

Awareness on Rights Entitlements (SEBI Circular SEBI/HO/CFD/DIL2/CIR/P/2020/13 dated 22-Jan-2020 & SEBI/HO/CFD/SSEP/CIR/P/2022/66 dated 19-May-2022)

1. BSE - FAQs_on_Rights_Entilement_Trading.pdf (bseindia.com)
2. NSE - FAQs - Rights Entitlement Trading (nseindia.com)

E-Voting Encouraging more retail investors to participate in voting on motions moved by Listed Companies

1. “e-Voting” is voting through an electronic system on resolutions of company requiring members/shareholder’s consent. The need for e-Voting arises when a company wishes to pass a resolution by Postal Ballot or Annual General Meeting or Extraordinary General Meeting.
2. Ministry of Corporate Affairs, Government of India has authorized NSDL/CDSL for setting up an electronic platform to facilitate members / shareholders to cast vote in electronic form.
3. Purposes of E Voting –
   • To eliminate paper in the voting process. This involves sending of notices and ballot papers and receiving the said ballot votes.
   • Facilitate electronic voting on resolutions of companies in a fair and transparent manner for all classes of security/stakeholders.
   • Enable security holders to vote at a time and place of their convenience.
   • Eliminate postal and other natural delays which cause a hindrance to postal ballot.
   • Increase shareholder participation in shareholder meetings.
4. The e-Voting platform aims to improve transparency and Corporate Governance standards and also helps in reducing the administrative cost associated with Postal Ballot while facilitating declaration of results immediately after the close of the voting.
   Additionally investors are also benefited where they can cast their votes on till last day from the comfort of their home / office, while eliminating the chances of their votes being declared invalid
5. The following are the link to voting URLs, which will redirect you to the webpage of the respective Depository who in turn will enable access to the e-voting portals of various ESPs, in accordance with Clause 3.1 of the SEBI Circular dated December 09, 2020.
6. CDSL eVoting System - https://www.evotingindia.com/
7. NSDL eVoting System - https://www.evoting.nsdl.com/

Risk Disclosure on Derivatives (As per SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/73 dated 19/05/2023– Annexure 1)

1. 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
2. On an average, loss makers registered net trading loss close to ₹ 50,000.
3. Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
4. Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
   (Source: SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.)

Precaution for dealing in options

This has reference to NSE circular ref no: NSE/INSP/52900 and BSE circular ref no. 20220706-55 dated July 6, 2022. It is hereby brought to the attention of clients that the following should be avoided w.r.t dealing in Options trading

1. Sharing of trading credentials – login id & passwords including OTP’s.
2. Trading in leveraged products like options without proper understanding, which could lead to losses
3. Writing/ selling options or trading in option strategies based on tips, without basic knowledge & understanding of the product and its risks
4. Dealing in unsolicited tips through WhatsApp, Telegram, YouTube, Facebook, SMS, calls, etc.
5. Trading in “Options” based on recommendations from unauthorised/unregistered investment advisors and influencers