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1
Name�of�the�Member�:�Pentad�Securities�Private�Limited
SEBI�Registration�No.�and�Date�:�BSE-�INZ010008936�Dated���June�17,�2014NSE-��INZ230008930�Dated�September�5,�2014RE�-PMS-
Website�:�www.pentadsecurities.comRegistered�Office�Address�:���
1st Floor, Aramana Arcade, Bank Road,Kasaragod, Kerala - 671121.Phone Number:� 04994 231030 Fax: 04994 231029�������������������������������������������������������������
Correspondence�Office�Address�:���2nd Floor, in G S Point, CST Road, Kalina, Santacruz East, Mumbai - 400098.�����������������������������������������������������������������������Ph�:�022-26666969
Dear�Investor,�
In�case�of�any�grievance�/�complaint�/�dispute�with�us,�kindly�mail�us�at�[email protected]�or�Please�contact�Compliance�Officer,�Vinson�K�Victor�of�Pentad�Securities�Private�Limited�at�[email protected]�and�Phone�No.�‒�022-26666969.
You�may�also�approach�CEO�Nikhil�K.G�at�[email protected]�and�Phone�No.�-�91-22-26666969.
If�not�satisfied�with�the�response�of�the�Pentad�Securities�Private�Limited,�you�may�contact�the�concerned�Stock�Exchange�at�the�following�‒�
� Web�Address� Contact�No� Email-idBSE� � 022-22728138� [email protected]� mwww.nseindia.co � 022-26598190� [email protected]
You�can�also�lodge�your�grievances�with�SEBI�at�http://scores.gov.in.�For�any�queries,�feedback�or�assistance,�please�contact�SEBI�Office�on�Toll�Free�Help�line�at�1800�22�7575�/1800�266�7575.
2
INDEX�OF�DOCUMENTS
VOLUNTARY�DOCUMENTS�AS�PROVIDED�BY�THE�STOCK�BROKER
S.�No. Name�of�the�Document�Brief�Significance�of�the�Document
� PageNo�
�
MANDATORY�DOCUMENTS�AS�PRESCRIBED�BY�SEBI�&�EXCHANGES
1.
� ��� �
�Account�Opening�Form�and�KRA�Form
KYC�Form�-�Document�captures�the�basicinformation�about�the�constituent�and�aninstruction/check�list.
A.
4�to�14
4. 20-22
Document�detailing�the�rate/amount�of�brokerage�&�other�charges�levied�on�the�client�for�trading�on�stock�exchange(s)�&�DP�Service�charges/Fee�Structure
Policies�and�Procedures�
5.
6.
7.
Rights�and�Obligations
Risk�Disclosure�Document�(RDD)
Guidance�note SEPA
RATE
�COPY
�FOR�CL
IENT
Running�Account�authorization�11. 44
Authorization�to�Receive�SMS�and�email�alerts12. 45
Client�Information�Sharing�declaration13 46
Acknowledgment14. 47
Declaration15. 48
9 25
B. Document�captures�the�additional�informationabout�the�constituent�relevant�to�Trading/Demat�account�and�an�instruction/check�list.
2. Beneficial�Ownership�Determination�Form 15to�16
Document�for�determination�of�Natural�person/s�who�ultimately�own,�control/influence�a�client�and/or�persons�on�whose�behalf�a�transaction�is�being�conducted.�
17�to�19Declaration�/�Resolutionby�HUF�/�Partnership�form/�Corporate�3.
Declarations�/�Documents�required�from�different�persons�for�execution�of�various�client�registration�documents.
Document�stating�the�Rights�&�Obligations�of�stock�broker/trading�member,�sub-broker/Authorised�Person�and�client�for�trading�on�exchange�(including�additional�rights�&�obligations�in�case�of�internet/wireless�technology�based�trading).
Document�detailing�risks�associated�with�dealing�in�the�securities�market.
Document�detailing�do's�and�don'ts�for�trading�on�exchange,�for�the�education�of�the�investors.
Tariff�sheet 238
Document�describing�significant�policies�and�procedures�of�the�stock�broker
10. Voluntary�Terms�&�Conditions��
�
�
� 26�to�43Additional�terms�&�conditions�specific�to�Pentad�for�the�purpose�of�operational�efficiency.
UNDERTAKING�FOR�ACCEPTING�ECN�THROUGH�EMAIL
3
Full Name of Verifier: _____________________________________________Employee code____________________
KYC Checklist
General
AOP , BOI & others
Address proof of Firm & all Partners
Partnership A/c & LLP
Partnership Deed copy
PAN of Partners
Copy of Balance sheet for last 2 yrs
HUF
Corporate
Pan Card of Karta
Pan Card (HUF)
Address proof of HUF
HUF Stamp
List of Coparceners & their signature
Bank Pass Book/Statement in HUF Name
Deed of Declaration of HUF
Photograph of Karta
Address Proof of Karta
Signatory Letter
Photos of All Partners
Certificate of RegistrationPAN of the Firm
Bank Proof (HUF, NRI, Corporate)
Cancelled chequePass book Letter from bank
Bank Statement
Copy of Balance sheet
for last 2 yrs
Trust
Address proof of Trust & all Trustees
Certificate of registration and trust deed copy Signatory Letter
PAN of the Trust PAN of all Trustees
Photos of all Trustees and Beneficiaries
Managing trustee certified List of trustees
PAN of Entity
Constitution document
PAN & Photo of all Authorized persons
Address proof of Entity &Authorized Persons
Photo of all Auth. Persons & Beneficiaries
Registration certificate
Balance sheet -Last 2 yrs
Certified List of managing Individuals
Financial Documentary Proof Copy of ITR Acknowledgment Copy of Annual A/c Bank A/c statement - 6 months Net worth certificate Demat A/c Holding statement. Salary Slip Form 16 Others
MOA, AOA & COI
Photo of Directors
Address Proof Directors’s and Company
Form 18
PAN of Director’s
Latest Shareholding
Authorised signatory with specimen signatures
Last 2 Years Financials Statement
PAN of the Company
Form 32
Certified copy of BR
Networth Certificate
PAN of Person Authorised
Passport size photo Signed across
Clients signature on all required Places
All documents self-attested and Original seen & verified/IPV stamped
Witness Signature
Agreement Dated
PAN Card
Pan Verification
Financial documentary proof taken
Proof for authorized to deal in market
FPI Document type (Additional) Category I Category II Category III Entity Constitutive Docs Required Required Required
Proof of Address Required, POA mentioning the address, is acceptable
Required POA mentioning the address, is acceptable
Required - Address proof other than POA should be submitted.
PAN Card Required Required Required Financials Exempt Exempt Risk based Financial data
sufficient. SEBI Reg. Certificate
Required Required Required
Board Resolution Exempt Required Required
Senior Management (Whole Time Directors/ Partners/ Trustees/ etc.)
List Required Required Required Proof Of Identity
Exempt Exempt Entity declares on letterhead - full name, nationality and DOB OR Photo-identity proof'
Proof of Address Exempt Exempt Declaration on letter head Photographs Exempt Exempt Exempt
Authorized Signatories
List & Signatures
Required List of Global custodian ('GC') signatories can be given in case of POA
Required - List of GC signatories can be given in case of POA to GC
Required
Proof Of Identity Not required Not required Required Proof of Address Not required Not required Not required Photographs Not required Not required Required
Ultimate Beneficial Owner ('UBO')
List Exempt Required, Can declare "no UBO over 25%"
Required
Proof Of Identity Exempt Exempt Required Proof of Address & Photographs
Exempt Exempt Exempt
4
___________________________________AMC/Intermediary�name�OR�code
(Originals�Verified)�Self�Certified�Document�copies�received
(Attested)�True�copies�of�documents�received
FOR�OFFICE�USE�ONLY
F I R S T M I D D L E L A S T
D M YD M Y YY
D M YD M Y YY
D M YD M Y YY
Know�Your�Client�(KYC)��|��Application�Form��(For�Non-Individuals�Only)
Please�fill�in�ENGLISH�and�in�BLOCK�LETTERS�with�black�ink Application�No.�:
A.�IDENTITY�DETAILS�(PLEASE�SEE�GUIDELINES�OVERLEAF)
1.�Name�of�the�Individual
6.�Status�(Please�tick�any�one�(��)
2.�Date�of�Incorporation
Private�Limited�Co. Public�Ltd.�Co.
3.�Registration�No.�(CIN)
DECLARATION
I/We�hereby�declare�that�the�details�furnished�above�are�true�and�correct�to�the�best�of�my/our�knowledge�and�belief�and�I/we�undertake�to�inform�you�of�any�changes�therein,�immediately.�In�case�any�of�the�above�information�is�found�to�be�false�or�untrue�or�misleading�or�misrepresenting,�I�am/we�are�aware�that�I/we�may�be�held�liable�for�it
Name�&�Signature�of�the�Authorised�Person(s)
Date:Place:��___________________
5.�Place�of�Incorporation
4.�Date�of�commencement�of�business
Body�Corporate Trust
Partnership Charities NGOʼs FI FII HUF AOP
Bank
Government�Body
Defense�Establishment
BOI
SocietyLLP
Others�(please�specify)�___________________________________________________________________________
B.�ADDRESS�DETAILS�(PLEASE�SEE�GUIDELINES�OVERLEAF)
S T D T E L N O
S T D F A X N O
S T D T E L N O
1.�Address�for�Correspondence
Pin�CodeCity/Town/Village
State Country
3.�Specify�the�proof�of�address�submitted�for� �address:�_______________________________________________Correspondence
4.�Registered�office�Address�(if�different�from�above)
Pin�CodeCity/Town/Village
State Country
Mobile�No.
2.�Contact�Details:�Tel�(Off.)
Fax
Tel�(Res.)
Email�id
1.���Name,�PAN,�DIN/AADHAR�no.,�residential�address�and�photographs�of�Promoters/Partners/Karta/Trustees�and�whole�time�directors:(Please�fill�in�the�details�as�provided�in�Annexure)
2.���Any�other�Information:�__________________________________________________________________________________
Seal/Stamp�of�the�intermediary�Should�containStaff�Name�and�DesignationName�of�
the�OrganizationSignature�and�Date
Category�II�FPI Category�III�FPICategory�I�FPI
5.�Specify�the�proof�provided�by�the�applicant�for�Registered�Office�address�
C.�OTHER�DETAILS
CVL
1/20
5
INSTRUCTIONS�/�CHECK�LIST�FOR�FILLING�KYC�FORM
1. Self-attested copy of PAN card is mandatory for all clients.
2. Copies of all the documents submitted by the applicant should be self-attested and accompanied by originals for verification. In case the original of any document is not produced for verification, then the copies should be properly attested by entities authorized for attesting the documents, as per the below mentioned list.
3. If any proof of identity or address is in a foreign language, then translation into English is required.
4. Name & address of the applicant mentioned on the KYC form, should match with the documentary proof submitted.
5. If correspondence & permanent address are different, then proofs for both have to be submitted.
6. Sole proprietor must make the application in his individual name & capacity.
7. For non-residents and foreign nationals, (allowed to trade subject to RBI and FEMA guidelines), copy of passport/PIO Card/OCICard and overseas address proof is mandatory.
8. For foreign entities, CIN is optional; and in the absence of DIN no. for the directors, their passport copy should be given.
9. In case of Merchant Navy NRI's, Mariner's declaration or certified copy of CDC (Continuous Discharge Certificate) is to be submitted.
10.For opening an account with Depository participant or Mutual Fund for a minor, photocopy of the School Leaving Certificate/Mark sheet issued by Higher Secondary Board/Passport of Minor/Birth Certificate must be provided.
11.Politically Exposed Persons (PEP) are defined as individuals who are or have been entrusted with prominent public functions in a foreign country, e.g., Heads of States or of Governments, senior politicians, senior Government/judicial/military officers, senior executives of state owned corporations, important political party officials, etc.
B. Proof of Identity(POI): List of documents admissible as Proof of Identity:
1. PAN card with photograph. This is a mandatory requirement for all applicants except those who are specifically exempt from obtaining PAN (listed in Section D).
2. Voter ID card / Driving license. 3. Identity card/ document with applicant's Photo, issued by
any of the following: Central/State Government and its Departments, Statutory/Regulatory Authorities, Public Sector Undertakings, Scheduled Commercial Banks, Public Financial Institutions, Colleges affiliated to Universities, Professional Bodies such as ICAI, ICWAI, ICSI, Bar Council etc., to their Members; and Credit cards/Debit cards issued by Banks.
C. Proof of Address (POA): List of documents admissible as Proof of Address: (*Documents having an expiry date should be valid on the date of submission).
1. Passport/Voters Identity Card/Ration Card/Registered Lease or Sale Agreement of Residence/Driving License/Flat Maintenance bill/Insurance Copy.
2. Utility bills like Telephone Bill (only land line), Electricity bill or Gas bill - Not more than 3 months old.
3. Bank Account Statement/Passbook - Not more than 3 months old.
4. Self-declaration by High Court and Supreme Court judges, giving the new address in respect of their own accounts.
5. Proof of address issued by any of the following: Bank Managers of Scheduled Commercial Banks/Scheduled C o - O p e r a t i v e B a n k / M u l t i n a t i o n a l F o r e i g n Banks/Gazetted Officer/Notary publ ic/Elected r e p r e s e n t a t i v e s t o t h e L e g i s l a t i v e Assembly/Parliament/Documents issued by any Govt. or Statutory Authority.
6. Identity card/document with address, issued by any of the following: Central/State Government and its Departments, Statutory/Regulatory Authorities, Public Sector Undertakings, Scheduled Commercial Banks, Public Financial Institutions, Colleges affiliated to Universities and Professional Bodies such as ICAI, ICWAI, ICSI, Bar Council etc., to their Members.
7. For FII/sub account, Power of Attorney given by FII/sub-account to the Custodians (which are duly notarized and/or apostiled or consularised) that gives the registered address should be taken.
8. The proof of address in the name of the spouse may be accepted.
D. Exemptions/clarifications to PAN (*Sufficient documentary evidence in support of such claims to be collected.)
1. In case of transactions undertaken on behalf of Central Government and/or State Government and by officials appointed by Courts e.g. Official liquidator, Court receiver etc.
2. Investors residing in the state of Sikkim. 3. UN entities/multilateral agencies exempt from paying
taxes/filing tax returns in India. 4. SIP of Mutual Funds upto Rs 50,000/- p.a. 5. In case of institutional clients, namely, FIIs, MFs, VCFs,
FVCIs, Scheduled Commercial Banks, Multilateral and Bilateral Development Financial Institutions, State Industrial Development Corporations, Insurance Companies registered with IRDA and Public Financial Institution as defined under section 4A of the Companies Act, 1956, Custodians shall verify the PAN card details with the original PAN card and provide duly certified copies of such verified PAN details to the intermediary.
E. List of people authorized to attest the documents:
1. Notary Public, Gazetted Officer, Manager of a Scheduled Commercial/Co-operat ive Bank or Multinational Foreign Banks (Name, Designation & Seal should be affixed on the copy).
In case of NRIs, authorized officials of overseas branches of Scheduled Commercial Banks registered in India, Notary P u b l i c , C o u r t M a g i s t r a t e , J u d g e , I n d i a n Embassy/Consulate General in the country where the client resides are permitted to attest the documents
6
F.�In�case�of�Non-Individuals,�basic�additional�documents�to�be�obtained�from�non-individuals,�over�&�above�the�POI�&�POA,�as�mentioned�below:�Types�of�entity
Partnership�firm
Trust
HUF
Corporate
Documentary�requirements
Unincorporated�associationor�a�body�of�individuals
Banks/Institutional�Investor
Foreign�InstitutionalInvestors�(FII)�
Army/�Government�Bodies�
Registered�Society�
��Copy�of�the�balance�sheets�for�the�last�2�financial�years�(to�be�submitted�every�year).��Copy�of�latest�share�holding�pattern�including�list�of�all�those�holding�control,�either�directly�or�indirectly,�in�the�company�in�terms�of�SEBI������take�over�Regulations,�duly�certified�by�the�company�secretary/Whole�time�director/MD�(to�be�submitted�every�year).��Photograph,�POI,�POA,�PAN�and�DIN�numbers�of�whole�time�directors/two�directors�in�charge�of�day�to�day�operations.��Photograph,�POI,�POA,�PAN�of�individual�promoters�holding�control�-�either�directly�or�indirectly.��Copies�of�the�Memorandum�and�Articles�of�Association�and�certificate�of�incorporation.��Copy�of�the�Board�Resolution�for�investment�in�securities�market.��Authorised�signatories�list�with�specimen�signatures
�Copy�of�the�balance�sheets�for�the�last�2�financial�years�(to�be�submitted�every�year).�Certificate�of�registration�(for�registered�partnership�firms�only).�Copy�of�partnership�deed.�Authorised�signatories�list�with�specimen�signatures.�Photograph,�POI,�POA,�PAN�of�Partners.�Copy�of�the�balance�sheets�for�the�last�2�financial�years�(to�be�submitted�every�year).�Certificate�of�registration�(for�registered�trust�only).�Copy�of�Trust�deed.�List�of�trustees�certified�by�managing�trustees/CA.�Photograph,�POI,�POA,�PAN�of�Trustees.
PAN�of�HUF.Deed�of�declaration�of�HUF/�List�of�coparceners.Bank�pass-book/bank�statement�in�the�name�of�HUF.Photograph,�POI,�POA,�PAN�of�Karta.
Proof�of�Existence/Constitution�document.Resolution�of�the�managing�body�&�Power�of�Attorney�granted�to�transact�business�on�its�behalf.Authorized�signatories�list�with�specimen�signatures.
Copy�of�the�constitution/registration�or�annual�report/balance�sheet�for�the�last�2�financial�years.Authorized�signatories�list�with�specimen�signatures.
Copy�of�SEBI�registration�certificate.Authorized�signatories�list�with�specimen�signatures.
Self-certification�on�letterhead.Authorized�signatories�list�with�specimen�signatures.
Copy�of�Registration�Certificate�under�Societies�Registration�Act.List�of�Managing�Committee�members.Committee�resolution�for�persons�authorised�to�act�as�authorised�signatories�with�specimen�signatures.True�copy�of�Society�Rules�and�Bye�Laws�certified�by�the�Chairman/Secretary.
7
Categories�of�FPI
Categories�IGovernment�and�Government�related�investors�such�as�Central�Banks,Governmental�Agencies,�Sovereign�Wealth�Funds,�International/Multilateral�Organizations/�Agencies
Categories�IIa)�Appropriately�regulated�broad�based�funds�such�as�Mutual�Funds,Investment�Trusts,�Insurance/�
Reinsurance�Companies.b)�Appropriately�regulated�entities�such�as�Banks,�Asset�Management,�Companies,�Investment�
Managers/�Advisors,�Portfolio�Managers.c)�Not�appropriately�regulated�broad�based�funds�whose�investment�manager�is�appropriately�
regulated�and�is�registered�on�behalf�of�the�Board�by�the�designated�depository�participant�as�Category�II�foreign�portfolio�investor:���������������������������������������������������������������������������������������������������Provided�that�the�investment�manager�shall�be�responsible�and�liable�for�all�acts�of�commission�and�omission�of�all�its�underlying�broad�based�funds�and�other�deeds�and�things�done�by�such�broad�based�funds�under�these�regulations.
d)�University�Funds�and�Pension�Fundse)�University�related�Endowments�already�registered�with�SEBI�as�FII/Sub�Account
Categories�IIIAll�other�FPIs�not�eligible�under�Category�I�and�II�such�as�Endowments,�Charitable�Societies/�Trust,�Foundations,�Corporate�Bodies,�Trusts,�Individuals,�Family�Offices.
Documents�that�may�be�collected�in�lieu�of�Board�ResolutionIn�lieu�of�Board�resolution�provided�by�EFIs�/�FPIs�for�trading�in�securities�market,�the�intermediary�may�rely�on�any�of�the�following�documents:
üPower�of�Attorney�granted�to�Global�Custodian�/�Local�CustodianüProspectus/�Information�Memorandum/�Offer�Document/�Investment�Management�Agreement/�Regulatory�Filings
8
D BANK�DETAILS�(Through�which�Transactions�will�be�routed)
E DEPOSITORY�ACCOUNT(S)�DETAILS
F PAST�ACTIONS
Whether�any�past�action�has�been�taken���������Yes�������������No�Details��of��any��action/proceedings��initiated/pending�taken��by��SEBI�/�Stock��exchange/UN/FATF/SEC�/any��other��authority��against��the�applicant/constituent�or�its�Partners/promoters/whole�time�Directors�/authorized�persons�in�charge�of�dealing�in�securities/laws/Derivatives/Currency�Derivatives�during�the�last�3�years.�If��yes,�provide�details�______________________________________________________________________________________________________________________________________________________________
G TRADING�PREFERENCES
Please�sign�in�the�relevant�boxes�where�you�wish�to�trade.�The�segment�not�chosen�should�be�struck�off�by�the�client.�Exchange Segment Clientʼs�Signature
BSE
BSE
NSE
NSE
CASH
CASH
F&O
F&O 5/20
4/20
3/20
2/20
A
B
C
D
Account�Type�(Default)� Saving� Current� Others�(specify)�______________________
Bank�Name
Branch�Address
Account�No
RTGS/NEFT�IFSC�Code� � � �MICR�No.�
1
Account�Type�(Default)� Saving� Current� Others�(specify)______________________
Bank�Name
Branch�Address
Account�No
RTGS/NEFT�IFSC�Code� � � �MICR�No.�
2
DP�Name Depository�Name Beneficiary�Name Beneficiary�DP�ID Beneficiary/�Client�ID
IL&FS�Securities�Services�Limited
CDSL 16014800
Detail�of�Custodian Name�of�the�custodian Address�of�the�custodian CP�Code
FOREIGN�BANK�DETAILS�(submit�the�proof)�
Bank�Name
Address�of�the�Bank
Account�No
Country� � � �
3
If,�in�future,�you�want�to�trade�on�any�new�segment/new�exchange,�separate�authorization/letter�will�be�taken.
TRADING�ACCOUNT�RELATED�DETAILS
9
H DEALINGS�THROUGH�SUB-BROKERS�AND�OTHER�STOCK�BROKERS
I INTRODUCER�DETAILS�(Optional)
Name�of�the�Introducer:�������������Surname������������������������������������Name������������������������������������������������������Middle�Name
Status�of�the�Introducer:�Sub-broker/Remisier/Authorized�Person/Existing�Client/Others,�please�specify
Address�of�the�Introducer:�___________________________________________________________________
____________________________________________Phone�No.____________________________________
Signature�of�the�Introducer�:�����������������_________________________________
If�client�is�dealing�through�other�Stock�broker/�sub-broker,�provide�the�following�details:�
Sub-broker's�/Stock�Broker�Name�:�______________________________SEBI�Registration�Number:_____________________
Registered�office�address:_____________________________________________________________________________
Ph:�_____________________________________�Fax:��_______________________����Website:��____________________
Client�Code:�_________________________________Exchange:��_____________________________________________
In�case�dealing�with�multiple�stock�brokers/sub-brokers,�provide�details�of�all)
�Details�of�disputes/dues�pending�from/to�such�stock�broker/sub-�broker:�_____________________________
10
J. D
ETA
ILS
OF
AS
SO
CIA
TE
D P
ER
SO
NS
Gen
der
Nam
e &
Sig
natu
re o
f the
Aut
horis
ed S
igna
tory
(ies)
PE
P:
Pol
itica
lly E
xpos
ed P
erso
nR
PE
P:
Rel
ated
to P
oliti
cally
Exp
osed
Per
son
/d
dm
my
yy
y/
Dat
e
Pho
togr
aph
Nam
e
Rel
atio
nshi
p w
ith A
pplic
ant
(i.e.
pro
mot
ers,
w
hole
tim
e di
rect
ors
etc.
)
Whe
ther
P
oliti
cally
E
xpos
ed
PE
P
RP
EP
NO
Nam
e o
f Ap
plic
ant
PA
N o
f th
e A
pp
lican
t
Det
ails
of
Pro
mo
ters
/ Par
tner
s/ K
arta
/ Tr
ust
ees
/ wh
ole
tim
e d
irec
tors
an
d A
uth
ori
sed
Per
son
dea
ling
in s
ecu
riti
es
DIN
(F
or D
irect
ors)
/U
ID (
For
Oth
ers)
Res
iden
tial
Add
ress
PE
P
RP
EP
NO
PE
P
RP
EP
NO
Sr.
No.
PAN
and
A
adha
arN
atio
nalit
y(P
rimar
y &
Sec
onda
ry)
6/20
11
L. ADDITIONAL DETAILS
4. Number of years of Investment/Trading Experience _________________________________________________________________
6. Please tick, if applicable for any of your Authorised Signatories, Director
Related to a Politically Exposed Person (PEP)Politically Exposed Person (PEP)
7. Whether any of your Authorised Signatories/ Promoters / Partners / Karta / Trustees & whole time Directors are any of the following, or
are directly or indirectly related to any of the following:
Politician Current or former head of state Bureaucrat (Tax authorities, Foreign Services, IAS etc.)Civil Servant
Yes No
Connected to MediaCurrent or former MP, MLA, MLC
Connected to any promoter group of company listed on any stock exchange ___________________________Name of the Company
9. Source of IncomeSecondary Others (Specify) ______________Bank Interest Rental DividendRoyalties
5. Nature of business (Product / Services provided) ____________________________________________________________________
8. _________________________________________________________________________Primary Source of Income (Please Specify)
1. Whether you wish to receive Contract Note or Contract Note - SElectronic Physical pecify
Specify your Email id: As Per Email ID specified in KRA KYC ____________________________________________________________
2. Whether you wish to avail the facility of internet trading and Mobile Trading (please specify) Yes No
Physical Electronic
I/We accord our consent to receive the following:
The mobile number and email Id as specified in the KRA KYC shall be used for the purpose of receiving details of various transactions:
In case registered in the name of any other person please specify the following:
Name of the person: _____________________________________________________________________________________________
Mobile No. is registered in the name of OthersSelf
Relationship with the Client Dependant ChildSpouse Dependant parent
3. SMS and Email alerts facility by Stock Exchanges / CDSL
b. Email alerts NoYes c. SMS and email alerts NoYesa. SMS alerts NoYes
2.�Place�and�Country�of�Birth/�incorporation/establishment�/�formation:
Place� �Country
M. FPI Points (Applicable to FII & other FPI only)
1.�Whether�the�applicant�was�anytime�registered�as�FII�or�Sub-account�with�the�Securities�and�Exchange�Board�of�India�� Yes� No,�� If�Yes,�Provide�the�details�below�and�attach�the�proof�herein,
Name�of�the�entity� Registered�as� SEBI�Registration�No.� Expiry�of�registration
SL.�No.�����������Name�of�Authorized�Person��������������������������������������������������Signature(s)�along�with�Seal
K . DETAILS OF AUTHORISED SIGNATORIES
12
4.�For�Category�II�FPI�Only�(esp.�for�Broad�Based�Funds)Whether�Institution�/funds�are�appropriately�regulated�in�the�country� Yes� No�Whether�Investment�manager�is�appropriately�regulated�in�the�country� Yes� No
*Whether�involved�in�any�misdeed/�crime/�offence/felony/misdemeanor/wrongdoing�in�last�5�years�or�has�been�penalized/fined�for�any�reason�whatsoever� Yes� No,�����If�Yes,�Kindly�provide�the�details1.�_______________________________________________________________________________________2.�_______________________________________________________________________________________
�����*�All�Pending�&�ongoing�cases/litigations/actions/proceeding/findings/Investigation�etc.�shall�be�included.�
3.�Whether�holding�any�listed/to�be�listed�securities�prior�to�registration� Yes� NoIf�yes,�kindly�provide�the�details
Name�of�the�Company� Type�of�Securities�� Number�of�Shares� Holding�Since(eg�Pref.�shares,�equity�shares,�Bonds�etc)�
5.�Details�of�Ultimate�beneficial�owner-�All�future�changes�in�beneficial�owner�shall�also�be�notified�on�immediate�basis.
Name�of�the�Individual� Nature�of�interest� Quantum�of�interest� Beneficial�owner,�since
Account�Type�(Default)� Saving� Current� Others�(specify)�______________________
Bank�Name
Branch�Address
Account�No
RTGS/NEFT�IFSC�Code� � � �MICR�No.�
6.�Whether�hold�any�foreign�currency�denominated�account�and�special�non-resident�rupee�account����������Yes�������������������NoIf�yes,�Provide�details
Name of the Compliance officer
Location of compliance officer
Contact number of CO
E-mail of Compliance officer
7. Details of Compliance officer (CO)
13
O Trading�POA�(�Kindly�Submit�Franked�Authorisation�letter�if�Opted�)
Account�to�be�operated�through�Power�of�Attorney�(PoA)�:�����������Yes�����������No
P STANDING�INSTRUCTION�FOR�DEBITING�CHARGESOperative�Demat�A/c.�No.:Dear�Sir,I/We�hereby�authorise�you�to�debit�my/our�operative�Trading��A/c/Ledger�with�you�for�all�the�charges�relating�to�my/our�demat�account.�Please�treat�this�authorisation�as�irrevocable�till�further�instruction�from�my/our�side�is�received�in�writing�and�duly�acknowledged�by�you.Thanking�You,
Signature�of�Operative�Demat�A/c.�holders�
rd�1st�Holder� 2nd�Holder� �3 Holder�
7/20
� Non-resident�client��High�net�worth�client������������Trust� �CharitiesNGOS�and�organizations�receiving�donations��Company�having�close�family�shareholdings�or�beneficial�ownershipCivil�servant�or�family�member�or�close�relative�of�bureaucratCurrent�or�Former�MP�or�MLA�or�MLC�or�their�family�member�or�close�relativePolitician�or�their�family�member�or�close�relativeCurrent�or�Former�Head�of�State�of�governments�or�their�family�member�or�close�relativeSenior�government/judicial/military�officer�or�their�family�member�or�close�relativeSenior�executives�of�state�owned�corporations�or�their�family�member�or�close�relativeCompanies�offering�foreign�exchange�servicesNone�of�the�above
I�hereby�further�confirm�/undertake�that�the�investments/trading�done�in�securities��market�are�from�own�/borrowed�sources�of�funds��and�I�confirm�that�the�funds�utilized�for�trading�activity�by�me�is�in�compliance�with�the�rules,�regulations�and�guidelines�stipulated�under�PMLA.
Q CLIENT�OF�SPECIAL�CATEGORY�(Please�tick�the�mark�the�additional�applicable�category�to�you)
Name�of�the�POA�Holder���������������������������������
Address�of�the�POA�Holder
Email�ID������������������������������������������������������������������������������������������������������������������������������������Contact�No.
Identity�proof�
Address�proof
2.�Is�the�entity�involved�/�Promoters/�Partners/�Karta�/�Trustees�/�whole�time�directors�
�����any�of�the�following�services���������������Yes�������������No
�����For�Foreign�Exchange�/�Money�Changer�Services���������������������Yes��������������No
�����Money�Lending�/�Pawning������������������Yes��������������No
�����Gaming�/�Gambling�/�Lottery�Services�(e.g.�casinos,�betting�syndicates)����������������Yes��������������No
Below�1�Lac�����������1-5�Lac��������������5-10�Lac������������10-25�Lac��������������Above�25�Lac
OR1.�Gross�Annual�Income�Details�(Please�tick�)
�����Net-worth�in�Rs.����(Net�worth�should�not�be�older�than�1�year) as�on�(date)�
3.��Any�other�Information:�________________________________________________________
N.�OTHER�DETAILS�FOR�ENTITY
14
FOR�OFFICE�USE�ONLY
We�undertake�that�we�have�made�the�client�aware�of�'Policy�and�Procedures',�tariff�sheet�and�all�the�non-mandatory�documents.�We�have�also�made�the�client�aware�of�'Rights�and�Obligations'�document�(s),�RDD�and�Guidance�Note.�We�have�given/sent�him�a�copy�of�all�the�KYC�documents.�We�undertake�that�any�change�in�the�'Policy�and�Procedures',�tariff�sheet�and�all�the�non-mandatory�documents�would�be�duly�intimated�to�the�clients.�We�also�undertake�that�any�change�in�the�'Rights�and�Obligations'�and�RDD�would�be�made�available�on�our�website,�if�any,�for�the�information�of�the�clients.
Signature�of�the�Authorized�Signatory������������� Seal/Stamp�of�the�Stock�BrokerDate:���������������������������������������������������������D��D��M���M��Y��Y����Y���Y
Signature
Documents�verified�withOriginals�by
Client�Interviewed�by In-Person�Verificationdone�by
Name�of�the�Employee�/�Sub�BrokerEmployee�Code�/�Sub�BrokerDesignation�of�the�employee
Date
UCC�Code�allotted�to�the�Client:��
Location�of�In-person�verification:��������������Our�office��������Client's�residence��������������Client's�office
Place/address�of�In-person�verification�:__________________________________________________________________
DECLARATION
1.��I/We�hereby�declare�that�the�details�furnished�above�are�true�and�correct�to�the�best�of�my/our�knowledge�and�belief�and�I/we�undertake�to�inform�you�of�any�changes�therein,�immediately.�In�case�any�of�the�above�information�is�found�to�be�false�or�untrue�or�misleading�or�misrepresenting,�I/We�am/we�are�aware�that�I/we�may�be�held�liable�for�it.�
2.��I/We�confirm�having�read/been�explained�and�understood�the�contents�of�the�document�on�policy�and�procedures�of�the�stock�broker�and�the�tariff�sheet.�
3.��I/We�further�confirm�having�read�and�understood�the�contents�of�the�'Rights�and�Obligations'�document(s)�and�'Risk�Disclosure�Document'.�I/We�do�hereby�agree�to�be�bound�by�such�provisions�as�outlined�in�these�documents.�I/We�have�also�been�informed�that�the�standard�set�of�documents�has�been�displayed�for�Information�on�stock�broker's�designated�website:�www.pentadsecurities.com
Client�Name:�������������������������������������������������������������������������������������������������������������������������������������������������������������Place:
Client�Signature:������������������������������������������������������������������������������������������������������������������������������������������������������Date D��D��M���M��Y��Y����Y���Y
8/20
15
BENEFICIAL OWNERSHIP DETERMINATION FORM
Accordingly the following information is required to be filled: (Use additional sheets if required).
Client Name
1. CLIENT DETAILS
Client Account No.
Name of the MD/CEO of Company
2. BENEFICIAL OWNER'S PERSONAL INFORMATION
2. Gender
5. Nationality
% of shares or capital or profits of company/partnership firm/unincorporated association or body of individual
7. Address
4. Date of birth
City/Town Pin Code
State Country
Tel (Off)
Mobile No. Fax
Email id
3. Marital statusMale Female Single Married
Tel (Res)
1. Beneficial Owner Name
6.PAN
SEBI vide circular no. CIR/MIRSD/2/2013 dated January 24, 2013 and CIR/ISD/AML/3/2010 dated December 31, 2010 has mandated all registered intermediaries to obtain, as part of their Client Due Diligence policy, sufficient information from their clients in order to identify and verify the identity of persons who are beneficial owner.
The beneficial owner has been defined in the circular as the natural person or persons, who ultimately own, control or influence a client and/or persons on whose behalf a transaction is being conducted, and includes a person who exercises ultimate effective control over a legal person or arrangement.
The following approach shall be considered while determining the Beneficial Ownership
A. For clients other than individuals or trusts:Where the client is a person other than an individual or trust, viz., company, partnership or unincorporated association/body of individuals, the intermediary shall identify the beneficial owners of the client and take reasonable measures to verify the identity of such persons, through the following information:
a. The identity of the natural person, who, whether acting alone or together, or through one or more juridical person, exercises control through ownership or who ultimately has a controlling ownership interest. Explanation: Controlling ownership interest means ownership of/entitlement to:
I. More than 25% of shares or capital or profits of the juridical person, where the juridical person is a company;
II. More than 15% of the capital or profits of the juridical person, where the juridical person is a partnership; or
III. More than 15% of the property or capital or profits of the juridical person, where the juridical person is an unincorporated association or body of individuals.
b.In cases where there exists doubt under clause A (a) above as to whether the person with the controlling ownership interest is the beneficial owner or where no natural person exerts control through ownership interests, the identity of the natural person exercising control over the juridical person through other means. Explanation: Control through other means can be exercised through voting rights, agreement, arrangements or in any other manner. c.Where no natural person is identified under clauses A (a) or A (b) above, the identity of the relevant natural person who holds the position of senior managing official.
B.For client which is a trust: Where the client is a trust, the intermediary shall identify the beneficial owners of the client and take reasonable measures to verify the identity of such persons, through the identity of the settler of the trust, the trustee, the protector, the beneficiaries with 15% or more interest in the trust and any other natural person exercising ultimate effective control over the trust through a chain of control or ownership.
C. Exemption in case of listed companies:Where the client or the owner of the controlling interest is a company listed on a stock exchange, or is a majority-owned subsidiary of such a company, it is not necessary to identify and verify the identity of any shareholder or beneficial owner of such companies.
D. For FPI : List of beneficial owners with shareholding or beneficial interest in the client equal to or above 25% to be obtained. If Global Custodian /Local Custodian provides an undertaking to submit these details, then intermediary may take such undertaking only. Any change in the list to be obtained based on risk profile of the client.
16
Type of Business
Years with Employer
Position
3. BENEFICIAL OWNER’S EMPLOYMENT DETAILS(Add additional sheet for 2nd beneficial)
Employer Name
Address
City/Town Pin Code
State Country
Tel (Off)
Mobile No. Fax
Tel (Res)
I/we certify that the information provided by me/us in this document is true and complete and I/we hereby agree to advise you immediately of any material change in the information.
Beneficial Owner/Authorised Person Signature Date
Witness Name
Witness Signature
Branch Manager Name
@ Date
Branch Manager Signature @ Date
Note: Beneficial Owner is required to submit copy of PAN card and valid address proof alongwith the captioned form.
RecentPassport SizePhotograph of
Beneficial Owner Only
Sign acr sosAuthorised Signature with company Seal
2. Gender
5. Nationality
% of shares or capital or profits of company/partnership firm/unincorporated association or body of individual
7. Address
4. Date of birth
City/Town Pin Code
State
Country
Email id
3. Marital statusMale Female Single Married
1. Beneficial Owner Name
Mobile No.
6. PAN
9/20 10
/20
SECOND�BENEFICIAL�OWNER�DETAILS
17
To,Pentad Securities Pvt. Ltd#2, In GS Point, Opp. Mumbai University CST Road, Santacruz (E),Mumbai - 400 098
I, hereby state that details mentioned above are true and any change in them would be intimated to you in writing.
Title of HUF/ Karta _________________________________________
Signature of Karta
(HUF Rubber stamp)
DECLARATION BY HUF AND CONSENT LETTER
Details of our HUF and all its co-parceners are stated as mentioned below:
Sr.No Name of Family Member Relationship with Karta
SignatureGender(DD MM YYYY)
Date of Birth
With regard to Trading Account_______________________________________________________________________
maintained in the name & style "_________________________________________________________________" with
Pentad Securities Pvt. Ltd.
We the following family members, being the co-parceners in the HUF account M/s_____________________________
do hereby give our consent that the said Karta, viz_____________________ would operate above mentioned BO ID
/Trading account as far as shares transactions of the HUF account is concerned.
We further declare and authorize you to recognize the beneficiary account No. _______________________________
with depository ____________________________________ opened in the name of the undersigned who is the Karta of
the HUF for the purpose of completing the share transfer obligations pursuant to the trading operations. I agree and
understand that this is to facilitate the operation of the above trading account. The transfer made by you to the beneficiary
account shall be complete discharge of obligations by you in respect of trades executed in the above trading account.
18
To,Pentad Securities Pvt. Ltd (PSPL)#2, In GS Point, Opp. Mumbai University CST Road, Santacruz (E),Mumbai - 400 098
* Signature ____________________ Signature _________________ Signature ___________________1. Name 2. Name 3. Name
Date:___________
DECLARATION BY PARTNERSHIP FIRM (TO BE OBTAINED ON FIRMS LETTER HEAD OR ATTESTED WITH FIRM’S SEAL)
@ @ @
Dear Sir,
This is with reference to the trading account opened with you in the name of ____________________________________
a partnership firm and bearing the code _____________________. We the undersigned partners of the above mentioned
firm hereby declare and authorize you to recognize the beneficiary account No. ______________________________
with depository ____________________________________,which belongs to one of our partner joint account of
partners for the purpose of completing the share transfer obligations pursuant to the trading participant in the name of
partnership firm as per regulations and that transfers made by you to the beneficiary account as complete discharge of
obligations by you in respect of trades executed in the above trading account firm.
We further confirm that the authorised person can jointly / severally issue instruction to you as our broker for securities
trades, fund, etc. and to do all such acts, deals and things as may be necessary for the purpose of operating this account.
We, (Please write name of the partners)
1.____________________________________________________
2.____________________________________________________
3.____________________________________________________
Partners of the firm confirm that any securities due to the Firm's trading account with you, if transferred to the above mentioned Demat account, will constitute good delivery of the obligation. We further state that PSPL will not be responsible, if the shares are transferred to the above-mentioned a/c.
If there is any change in the information given above, same shall be informed to PSPL in writing. If any such information not communicate to PSPL, then PSPL will not be liable for losses suffered by the firm or any of the individual partners.
* Signature (Please sign with stamp of the partnership firm)
19
BOARD RESOLUTION (Trading)(On the Company letterhead)
CERTIFIED TRUE COPY OF AN EXTRACT FROM THE MINUTES OF A MEETING OF THE BOARD OF DIRECTORS OF________________________________________________________________________________
LIMITED DULY CONVENED AND AT WHICH A PROPER QUORUM WAS PRESENT HELD AT THE REGISTERED OFFICE OF THE COMPANY AT____________________________________________________________________________________________ (ADDRESS) _________________________ON __________ (DATE)___________We hereby certify that the following resolution of the Board of directors of _________________________________________LTD was passed at the Meeting of the Board held on _____________________and has been duly recorded in the Minutes Book of the said Company."RESOLVED THAT having regard to the object/s of the Company and to the operations of the Company and its future plans, the Company do open a Trading Account for dealing in shares and securities in Cash Segment and / or Derivative Segment on the Bombay Stock Exchange Ltd.(BSE) and / or National Stock Exchange of India Ltd. (NSE) and / or Clearing member / beneficiary account for the Company, with PENTAD SECURITIES PVT. LTD ILFS or similar entities in the name and style of"__________________________________________ _____________ (name of the co.) " and
Mr. 1 ________________________________________________________________ Mr. 2 ________________________________________________________________ Mr. 3 ________________________________________________________________
Director of the Company be and is hereby authorized to negotiate and finalize the terms and conditions for opening the account and completing all the formalities.
"FURTHER RESOLVED THAT Mr._________________________________________________ and Mr.___________________________________ the Directors and Mr.__________________________ and Mr. _____________________________________ the Authorised Person in this behalf, be and are hereby jointly and severally authorized to sign and execute necessary forms and KYC disclosures and agreements as might be required for the purpose of opening the Trading and / or Beneficiary account/s as aforesaid and THAT they are also authorized to as such to operate the said account for and on behalf of the Company"“RESOLVED THAT for the company do grant in favor of PENTAD SECURITIES PRIVATE LIMITED a Power of Attorney limited to enabling PENTAD SECURITIES PRIVATE LIMITED meet payin obligations for sale transactions carried out in the account of the Company and authorize Mr._______________________________________________________of the company to execute, notarize and deliver to Pentad securities Private Limited.,the said Power of Attorney and to do all other things as may be necessary in this connection."FURTHER RESOLVED THAT a certified copy of the said resolution be communicated to PENTAD SECURITIES PVT. LTD. together with the specimen signatures of all the aforesaid officials by the Chairman of the meeting / company.
CERTIFIED TRUE COPY
Place: Date: For ______________________ LTD.
NAME & SIGNATURE
1. Mr. _______________________ 2. Mr. ______________________3. Mr.____________________
1. __________________________2. _________________________3. ____________________
20
POLICY�&�PROCEDURES�OF�PENTAD�SECURITIES�PRIVATE�LIMITED
1.REFUSAL�OF�ORDER(S)�FROM�THE�CLIENTS�INCLUDING�FOR�PENNY�STOCKS:Pentad�Securities�Private�Limited�(“PSPL”)�offers�trading�in�most�of�the�liquid�stocks�traded�on�the�stock�exchanges.�Some�of�the�stocks�such�as�penny�stocks�i.e.�stocks�whose�market�price�is�less�than�their�face�value,� scrips� traded� in�physical�mode�or�scrips�which�do�not�meet�PSPL's�internal�criteria�may�not�be�allowed�by�PSPL�for�trading.�“Penny�Stocks”�also�include,�scrips�having�large�bid-ask�spreads,�low�market�capitalization� due� to� unsound� fundamentals,� “T”,� “TS”,� “Z”,� “BE”�Category�stocks�or�stocks,�which�have�high�chances�of�manipulations�or�as�per�directions/guidelines�issued�by�the�regulators.Also,� the� Exchanges� from� time� to� time� provide� a� list� of� securities�categorized�as�“Illiquid�Securities”.�PSPL�may�at�its�discretion�or�based�on�directives�of�the�Exchanges/SEBI�may�also�restrict�trading�in�illiquid�securities�from�time�to�time.�Any�existing�scrip�enabled�for�trading�may�be�deactivated�by�PSPL�as�and�when�such�scrips�meet�the�criteria�as�defined�by�PSPL�for�illiquid�scrips,�even�if�the�Client�had�purchased�the�scrips�through�PSPL.�Further,�PSPL�may�also�at�any�time,�at�its�sole�discretion�as�a�risk�containment�or�surveillance�measure�and�without�prior�notice�to�the�client,�restrict�client's�ability�to�trade�in�any�specific�security�through�PSPL.�Such�restrictions�could�be�only�on�buy�or�sell�or�both.�PSPL�may�for�this�purpose,�introduce�online�blocks�to�prevent�clients� from� placing� orders� in� penny� stocks,� Illiquid/unapproved�Securities� and/or� illiquid� contracts� through� the� Online� Trading�Platform� of� Pentad/Exchange.� Dealers/sub� brokers� of� Pentad�may�refuse� to� execute� orders� of� the� clients� for� trading� in� such� stocks,�securities�and�contracts.�Further�in�case�the�client�succeeds�in�placing�order�in�penny�stocks,�Securities�and�Illiquid�contracts�through�the�Online�Trading�Platform�or�otherwise,�Pentad�may�on�its�discretion�at�any� point� of� time� cancel� /modify� /alter� any� such� order� before�execution� on� the� Exchanges� and� may� square� off� the� executed�position� if�desired.�Any� losses� if�any�on�account�of�such�restriction�shall�be�borne�by�the�client�only.
2.��CLIENT'S�EXPOSURE�LIMITS:PSPL�from�time�to�time�may�impose�quantity�and/or�value�limits�on�the� orders� that� a� client� can� place� through� its� system� (including�exposure�limits,�turnover�limits,�limits�as�to�the�number,�value�and/or�kind�of�securities�in�respect�of�which�orders�can�be�placed�etc.).PSPL�may�need� to� vary� or� reduce� the� limits� or� impose�new� limits�urgently�on�the�basis�of�risk�perception�and�other�factors�considered�relevant�including�but�not�limited�to�restrictions�on�limits�on�account�of�exchange/SEBI�directions/limits�(such�as�broker�level/market�level�limits,�security�specific/volume�specific�exposures�etc.).�PSPL�may�be�unable�to�inform�the�client�of�such�variation,�reduction�or�imposition�in�advance.�PSPL�shall�not�be�responsible�for�consequences�of�such�variation,�reduction�or�imposition�or�the�client's�inability�to�route�any�order�through�PSPL�on�account�of�any�such�variation,�reduction�or�imposition�of� limits.� Such�exposure� limits�may�be� set�up� to�a�pre-determined�number�of�times�of�the�Margin�(the�"Multiple")�and�the�quantum�of�the�Multiple�shall�be�decided�at�sole�option�or�discretion�of�PSPL.�Such�multiple�may�be�changed�at�the�discretion�of�PSPL�from�client�to�client�depending�on�various�factors,�which�inter�alia�include�factors� like� market� conditions,� client� profile,� financial� status,�Regulatory�interventions�etc.�Client�shall�abide�by�the�exposure�limits,�if�any,�set�by�PSPL�or�by�the�Exchange�or�Clearing�Corporation�or�SEBI�from�time�to�time.�The�exposure�limits�set�by�PSPL�do�not�create�any�right�in�favour�of�the�Client�and�are�liable�to�be�withdrawn�at�any�time�without� notice� and� the� client� shall� bear� the� loss� on� account� of�withdrawal�of�such�limits.�PSPL�may�at�any�time,�at�its�sole�discretion�and�without�prior�notice,�prohibit�or�restrict�the�client's�ability�to�place�orders�or�trade�in�securities�through�PSPL,�or�it�may�subject�any�order�placed� by� the� client� to� a� review� before� its� entry� into� the� trading�systems�and�may�refuse�to�execute/allow�execution�of�orders�due�to�various� factors� including� but� not� limited� to� the� reason� of� lack� of�margin/securities�or�the�order�being�outside�the�limits�set�by�PSPL/�Exchange/� SEBI� or� under� alert� due� to� surveillance� or� RMS� reason�and/or�any�other�reasons�which�PSPL�may�deem�appropriate�in�the�
circumstances.�Limits/Exposure�provided�shall�vary�based�on�the�intraday�profit�/loss�made�by�the�client.�Exposure�limits�against�collateral/stocks�shall�be�given� only� against� approved� securities� as� decided� by� the�Exchanges/PSPL�from�time�to�time�and�subject�to�such�haircut�and�valuations�as�may�be�decided�by�PSPL�from�time�to�time.�PSPL�from�time�to�time�may�change�the�applicable�haircut�or�apply�a�haircut�higher�than�that�specified�by�the�Exchanges.�In�case�of�derivatives,�Clients�shall�be�allowed�to�trade�only�up�to�the�applicable�clientwise�position� limits� set�by� the�Exchanges/Regulators� from�time� to� time�along�with�the�added�margin�levied�in�addition�to�Exchange�margins.
3.�BROKERAGE�RATE:Brokerage� will� be� charged� within� the� limits� prescribed� by� SEBI/�Exchange�(currently�2.5%).�Further,�statutory�levies�shall�be�levied�as�per� the� current� guidelines.� The� slab� rate� of� brokerage� shall� be�changed�as�per�specified�in�AoF�but�may�be�reviewed�by�PSPL�from�time� to� time�and� �changed� in�such�manner�as�PSPL�may�deem�fit�provided� that� the� same� would� not� contradict� the� regulatory�provisions.
4.��IMPOSITION�OF�PENALTY�/�DELAYED�PAYMENT�CHARGES:The�client�shall�pay�PSPL�settlement�dues,�brokerage,�statutory�levies�and�taxes�etc.�as�are�applicable�from�time�to�time.�If�the�client��fails�to�make�payment�of�the�amount�due�within�the�time�frame�specified�by�PSPL,� it�shall�be�entitled�to�levy�such�charges�by�way�of�penalty�or�delayed�payment�charges�not�exceeding�24�%�per�annum�(or�other�rate�as�may�be�decided�from�time�to�time�by�PSPL)�on�amount�due�as�PSPL�may� deem�fit.� This� levy� is� only� penal�measure� in� case� client�defaults�in�meeting�settlement�and�margin�obligations�and�should�not�be�construed�as�funding�arrangement�by�the�client�and�further�the�client�cannot�demand�continuation�of�service�on�a�permanent�basis�by�citing�this�levy�of�delayed�payment�charges.�Further,�where�PSPL�has�to�pay�any�fine�or�bear�any�punishment�form�any�authority�in�connection� with/a� consequence� of/in� relation� to� any� of� the�orders/trades/deals/actions�of�the�client,�the�same�shall�be�recovered�from� the� client.� PSPL� shall� not� be� liable� to�make� payment� of� any�interest�or�delayed�payment�charges�on� the�credit�balance,� if�any,�lying�in�the�client's�ledger,�margin�account,�deposit�etc.�with�PSPL.��
5.� THE� RIGHT� TO� SELL� CLIENTS'� SECURITIES� OR� CLOSE� CLIENTS'�POSITIONS,�WITHOUT�GIVING�NOTICE�TO�THE�CLIENT,�ON�ACCOUNT�OF�NON-PAYMENT�OF�CLIENT'S�DUES:PSPL� shall� have� the� rights� to� square� off� the�position�of� the�Client�(Including� the� right� to� refer� the� matter� to� arbitration)� with� no�obligation� of� communicating� the� same� to� the� Client,� for� non-payment� of� margins� or� other� amounts,� including� the� pay� in�obligations,�outstanding�debts�etc.�and�adjust�the�proceeds�of�such�liquidation/close�out,�if�any,�against�the�clients�liabilities/obligations.�
PSPL�reserves�the�right�to�decide�the�Position�closing�keeping�in�view�of�the�size�of�the�order,�the�depth�of�the�market�and�various�internal�parameters� as� decided� by� PSPL� from� time� to� time.� The� following�circumstances�may� trigger� the� square� off/close� out� under� various�measure-1.��If�the�client�does�not�square�off�his�open�intraday�positions�before�
the� specified� time� (currently� 2.50�p.m.)� or� the� client�does�not�convert� the� open�positions� to� delivery,� PSPL� shall� attempt� to�square�off/close�out�the�open�positions�on�the�same�day�before�closure�of�the�market.�
2.���In�case�wherein�mark�to�market�losses�has�reached�the�stipulated�percentage�and�the�client�has�not�any�immediate�steps�replenish�the�margin�or�reduce�mark�to�market�losses.
3.���Cases�wherein�market�or�securities�placed�by�the�client�falls�short�of� requirement� or� the� lmits� given� to� the� client� have� been�breached.
4.� � � Client� has� defaulted� in� his� existing� obligation/failed� to�make�payment�or�delivery�of�securities.�
21
On�the�days�of�market�volatility�or�when�there�are�system� issues,�PSPL�shall�have�the�right�to�change/modify�the�timings�of�square�off�by�either�preponing�or�postponing�the�same.�Further,�whenever�any�price� of� stock� or� underlying� contract� breaches� the� internally�prescribed�percentage�change,�PSPL�may�at�its�discretion�square�off�the� existing� open� positions� in� the� Intraday� Margin� segment(s)�without�giving�any�prior�notice� to� the�customers.�However,�PSPL�does�not�guarantee�square-off�of�open�positions.�Clients�solely�are�responsible�for�profit/�losses�from�open�positions.However�in�case�of�Intraday�Derivative�positions,�PSPL�shall�attempt�to�square�off/close�the�open�positions�on�the�same�day�or�in�case�of�any� difficulties/issues,� on� the� next� trading� day.� PSPL� does� not�guarantee� square� off� of� such� open� positions.� Clients� are� solely�responsible�for�profit/losses�arising�out�of�such�positions.�The�Client�accepts�to�comply�with�PSPL's�requirement�of�payment�of�Margin/settlement� obligations� of� the� Client,� immediately� failing�which�PSPL�may�sell,�dispose,�transfer�or�deal�in�any�other�manner�the� securities� already� placed� with� it� as� Margin/lying� in� the�beneficiary�account�of�PSPL�and/�or�cancel�pending�orders�and/�or�square-off�all�or�some�of�the�outstanding�margin/�F&O�positions�of�the� Client� as� it� deems� fit� at� its� sole� discretion� without� further�reference�to�the�Client�and�any�resultant�or�associated�losses�that�mayoccur�due�to�such�square�-off/sale�shall�be�borne�by�the�Client.�PSPL�shall�be�fully�indemnified�and�held�harmless�by�the�Client�in�thisbehalf�at�all�times.��In�exercise�of�PSPL's�right�to�sell�securities,�the�choice�of�specific�securities�to�be�sold�and/or�orders�to�be�cancelled�shall� be� solely� at� PSPL's� discretion.�Where� the�margin/security� is�made�available�by�way�of�securities�or�any�other�property,�PSPL�shall�have� the� discretion� to� decline� its� acceptance� as�margin/security�and/or�to�accept�it�at�such�reduced�value�as�PSPL�may�deem�fit�by�applying�haircuts�or�by�valuing�it�by�marking�it�to�market�or�by�any�other�method�as�PSPL�may�deem�fit�in�its�absolute�discretion.�The�resultant�or�associated�losses�that�may�occur�due�to�such�squaring-off� or� sale� of� such� securities� shall� be� borne� by� the� Client.� Such�liquidation� or� close� out� of� positions� shall� apply� to� any�segment/exchange�in�which�the�Client�does�business�with�PSPL.�The� client� has� to�maintain� applicable�margin� all� the� time� i.e.� till�positions�are�open.�PSPL�reserves�the�right�to�change/modify�the�margin�requirements�at�any�point�of�time�and�if�the�client�fails�to�meet�the�margin�requirements,�PSPL�has�the�discretion�to�square�off�the� open� positions� to� the� extent� that� the� existing� margin� after�deducting�MTM�losses�meets�the�Initial�Margin�requirements�of�PSPL�for� the� remaining� open� positions.� PSPL� may� decide� at� its� sole�discretion�to�exercise�or�not�to�exercise�the�rights�to�square�off�the�positions,� which� are� failing� to� meet� the� margin� requirements.�Further,� the�client�has�been�provided�with�tool/web�page�on�the�trading�website�through�which�he�can�ascertain�details�of�his�open�positions,�amount�of�margin�blocked,�margins�required,�MTM�loss,�margin�percentage�etc.�The�MTM� losses�and�margin� requirement�displayed�on�these�web�pages�will�be�considered�as�demand�for�the�additional�margin�required�by�PSPL.�PSPL�may�not�inform�each�and�every� client� (one� to� one),� regarding� the� margin� requirements/�additional�margin�top�up�calls/margin�availability�before�squaring�off� the�open�positions.�Clients� are� responsible/bound� to�monitor�and� review�their�open�positions�and�margin� requirements�all� the�times�and�furnish�the�additional�margin�to�PSPL�before�the�positions�are�squared�off�by�PSPL.PSPL�reserves�the�right�to�set�threshold�for�liquidation� of� client� securities,� available� securities� and� collateral�being�sealed..Where�there�is�breach�in�shares/�underlying�scrips,�specific�market�wide�position�limit�(MWPL)�as�specified�by�Exchanges,�client�will�not�be�permitted�to�take�fresh�positions�in�that�share/�underlying�but�he�can� square� off� his� existing� open� positions.� In� case� any� of� the�positions�limits�(client�level,�Trading�Member�level,�market�level)�are�breached,�PSPL�may� initiate�square�off.�Products�specific�terms,� if�any,�shall�be�displayed�on�the�web�site.
6.� SHORTAGES� IN� OBLIGATIONS� ARISING� OUT� OF� INTERNAL�
NETTING�OF�TRADES:The�treatment�of�shortages�shall�be�as�below:a)�Short�Delivery�to�the�Exchange�for�scrip�at�the�broker�level:�In�
case�of�short�delivery�to�exchange,�the�settlement�happens�as�per� the� auction/close-out� mechanism� of� Exchange� and�auction/close-out� debit� received� shall� be� passed� to� the�defaulting�client�who�did�not�fulfil�his�selling�obligation.�
b)�Short�delivery�of�pay-out�to�internal�clients�who�bought�the�scrip�on�that�day�due�to�internal�shortage�(Client�to�Client�shortage):�All�position�will�be�closed�out�at�the�valuation�rate�defined�by�PSPL.The�defaulting�client�on�sell�side�will�be�debited�by�the�amount�equivalent� to� the� quantity� short� delivered�multiplied� by� the�valuation�price.�The�client�on�the�buy�side�will�be�credited�by�the�same� amount� debited� to� defaulting� client� on� sell� date� as�computed�above.All�losses�to�the�client�on�account�of�the�above�shall�be�borne�solely�by�the�client�and�PSPL�shall�not�be�responsible�for�the�same.� In� case� of� any� claim� against� PSPL,� the� Client� shall�indemnify�PSPL�in�this�regard.
7.�CONDITIONS�UNDER�WHICH�CLIENT�IS�NOT�ALLOWED�TO�TAKE�FURTHER�POSITIONS�OR�BROKER�MAY�CLOSE�THE�EXISTING�POSITIONS�OF�THE�CLIENT:PSPL� have�margin� based� Risk�Management� System� (RMS)� policy.�Client�may�take�exposure�up�to�the�amount�of�margin�available�with�PSPL.�Client�may�not�be�allowed� to� take�position� in� case�of�non-availability/�shortage�of�margin�as�per�RMS�policy�of�the�Company,�s e c u r i t i e s � b r e a c h i n g � t h e � l i m i t s � s p e c i fi e d � b y � t h e�Exchanges/ regu la to r s � f rom� t ime � to � t ime , � regu la to ry�restrictions/directives�and�other�conditions�as�may�be�specified�by�PSPL�from�time�to�time�in�view�of�market�conditions�etc.�The�existing�positions�of�theclient�are�also�liable�to�square�off/close�out�without�giving�notice�due�to�shortage�of�margin/non�making�of�payment�for�their�pay�in�obligation/outstanding�debts.�In�the�event�of�liquidation/square�off�of� the� open� positions,� the� client� shall� be� liable� to� pay� for� any�resultant�losses�and�all�associated�costs�incurred�by�PSPL.��PSPL�at�any�point�of�time�and�on�its�sole�discretion�and�without�prior�notice�to�the�client�may�prohibit�or�restrict�client's�access�to�trade�in�all�securities�or�in�any�specific�security�either�buy�or�sell�or�both.�In�case�of� securities/underlying� in�ban�period,�PSPL�may�not�accept�further�orders�in�contracts�for�such�securities/�underlying.�This�action�of� PSPL�may� also� restrict� the� client� from� rolling� over� an� existing�position.�PSPL�shall�not�be�liable�for�any�resultant�losses.In�case�the�client�has�given�a�Power�of�Attorney�to�PSPL,�may�use�its�discretion� to�debit� the�bank/�demat�accounts�of� the�customer� to�recover�dues/margin�etc.�All�losses�to�the�client�on�account�of�the�above� shall� be� borne� solely� by� the� client� and� PSPL� shall� not� be�responsible�for�the�same.�In�case�of�any�claim�against�PSPL,�the�Client�shall�indemnify�PSPL�in�this�regard.
The� following� few� situations�may� be� a� precondition� for� limit� for�taking�further�position�or�square�off-
Technical�failure.S e c u r i t i e s � b r e a c h i n g � a n y � l i m i t s � s p e c i fi e d � b y � t h e�Exchanges/regulators/Pentad�from�time�to�time.Wherein�risk�perception�shows�that�it�is�the�interest�of�client/marketSecurities�submitted�in�physical�form�for�settlement.Legal�dispute�with�member.Disciplinary�action�by�government�of�India,�Government�agencies,�regulatory�bodies�etc.Regulatory�restrictions/directives.Violation�of�terms�and�condition�of�KYC.Outstanding�dues�not�cleared.��Liquidation�of�client's�positions,�available�securities.�SuchShortfall/breach�of�threshold�limits�as�per�Risk�Policy�prevalent�from�time�to�time.�Any�suspicious�trading�patterns�observed�by�Risk/�Surveillance�Dept.
22
Other�conditions�as�specified�by�Pentad�from�time
8.�TEMPORARILY�SUSPENDING�OR�CLOSING�OF�CLIENT'S�ACCOUNT�AT�THE�CLIENT'S�REQUEST:Not�Contrary�to�any�point�in�KYC,�the�Client�may�request�PSPL�by�giving� a� 7� day� prior� notice� in� writing,� to� suspend� his� account�temporarily�for�any�reason�not�limited�to�gravity�of�the�grievances�raised�by�against�the�client.�Trade�in�suspended�account�shall�not�be�permitted�however�the�settlement�will�be�active.�The�account�can�be�reactivated�on�the�submission�of�the�written�request�of�the�client�subject�to�account�being�settled�and�there�is�no�dues�receivable�with�the�complete�discretion�of�PSPL.
PSPL�may�suspend/close� the�client�account,� if�PSPL�observes�any�abnormal� or� suspicious� activity� in� the� client� account� through� its�monitoring� and� surveillance� of� the� client� account� or� in� case� of�default.� PSPL� may� also� at� any� time,� suspend� or� close� the� client�account�due�to�any�action�from�SEBI�(e.g.�SEBI�orders)�or�Exchanges/�Circulars� or� other� regulatory� actions.� Further,� PSPL� may� also�temporarily�suspend/close�the�client�account�if�there�is�no�activity�in�the�client�account�for�a�period�of�12�months,�as�deemed�fit�by�PSPL�from�time�to�time.�PSPL/Client�can�also�initiate�closure�of�account�by�giving�15�days�written�notice.�All�losses�to�the�client�on�account�of�the�above�shall�be�borne�solely�by�the�client�and�PSPL�shall�not�be�responsible�for�the�same.�In�case�of�any�claim�against�PSPL,� the�Client� shall� indemnify�PSPL� in� this�regard.
9.�DEREGISTRATION�OF�A�CLIENT:Not� contrary� to� any� point� in� KYC� PSPL� shall� also� be� entitled� to�deregister/terminate�the�client�with/without�the�mutual�consent�by�giving�notice�as�per�mandatory�policies.�Pentad�may�at�any�point�of�t ime, � at � i t s � so le � d iscret ion� and� without � pr ior � not ice ,�prohibit/restrict/block�the�client�access�to�the�use�of�the�website�or�related�services� including�offline�trading�rights,�due�to�regulatory�requirements,� PMLA� regulations,� market� conditions� and� other�internal�policies,�Further�PSPL�may�freeze�client�account�in�following�scenario�1.�� If�the�client�breaches�any�terms,�conditions.2.�� Upon�the�death,�winding�up,�bankruptcy,� liquidation�or� legal�
capacitation�of�the�client�or�is�designated�as�a�defaulter�by�any�credit� rating�agency�or�any�action�or�proceedings�have�been�initiated� by� the� relevant� Regulation/Authority� including�without�limitation�to�SEBI.
3.�� The� client� has� misrepresented� facts� at� the� time� of� giving�instructions�or�otherwise.
4.�� Any� proceedings� or� investigations� that� involve� the� client� or�his/its�properties�have�been�initiated�or�is�ongoing.
5.�� The� client� has� violated� the� applicable� law� particularly� the�securities� law� and� Bye-laws,� Rules� and� Regulations� of� the�respective�Stock�Exchanges�on�which�the�client�trades.
6.�� If� the�actions�of� the�client�are�prima� facie� illegal/improper�or�such�as�to�manipulate�the�price�of�any�securities�or�disturb�the�normal/proper� trading� in� securit ies � or � disturb� the�normal/proper� functioning� of� the�market,� either� alone� or� in�conjunction�with�others.
7.�� O n � r e c e i p t � o f � t h e � o r d e r � f r om � t h e � R e g u l a t o r y�authorities/SEBI/Police�Authorities/Court/Others.
8.� If� the� client� is� declared� as� debarred� entity� by� the� regulatory�authorities.
9.��� Where� the�client�has�not�cleared�debits� in�his/her�account� in�prescribed�time,
10.�Irregular�trading�pattern�from�surveillance�/Money�Laundering�perspective
11.� �Where�the�client�is�categorized�as�ineligible�due�to�being�non-�traceable,� pending� disputes,� and� any� other� circumstances�leading�to�raising�non�confidence�in�client�including�return�of�undelivered� couriers� citing� reason� of� no� such� person� /�addressee�left�/refusal�to�accept�mails/�PODs�signed�by�the�third�persons�or�Digital�Contract�Notes�(DCN)�failed�(Bounced�email)�on�more�than�3�instances�or�non-updation�of�financial�and�other�details�viz�email�id,�mobile�no.,�land�line,�details�or�it�is�found�to�be�belonging�to�a�third�person.
12.��Under�such�other�circumstances�as�PSPL�might�think�just�and�proper�on�case-to-case�basis.
13.�� If� the� client� is� found� to� be� KYC� non-compliant� or� non-submission/wrong/false/incomplete�submission�of� important�documents.
� PSPL�shall�have�the�right�to�close�out�the�existing�positions,�sell�the�collaterals�to�recover�any�dues�with�or�without�consent�of�the�client�before�the�de-registration�of�the�client.
10.�INACTIVE/DORMANT�CLIENT�ACCOUNT:�A�Client�account�will�be�considered�as�inactive�if�the�client�account�does� not� record� any� trade� or� does� not� register� any� financial�transaction�for�a�period�of�1�years.�Calculation�will�be�done�at�the�beginning�of�every�month�and�those�clients�who�have�not�traded�even� a� single� time� or� did� not� execute� any� financial� transaction�through� Pentad� Securities� Private� Limited� in� the� preceding� 12�months�will�be�considered�as�inactive.�If�the�account�is�tagged�as�a�dormant/inactive� then� the� surplus� Funds� or� Securities� lying�with�PSPL� shall� be� refunded/returned� to� clients� at� his/her� last� known�BankAccount/DP�account�or�at�such�other�address�as�mentioned�in�the�account�opening�form.REACTIVATION:�The�client�can�reactivate�his/her�trading�account�by�calling�the�Call�centre/Customer�care�(after�due�authentication)�or�by�sending�a�request�email�from�his/her�registered�email� id�or�by�submitting�a�physical�letter�duly�signed.The�company�shall�also�have�the�discretion�to�reactivate�a�trading�account,�after�doing�adequate�due�diligence,�as�the�company�may�consider�fit�and�proper.Client�Acceptance�&�Acknowledgement:These� policies� and� procedures� may� be� amended/� changed�unilaterally�by�PSPL,�provided�the�change�is�informed�to�the�client�through�any�one�of�the�means�or�method�like�posting�on�the�website�of�PSPL�or�sending�by�speed�post�/�courier�/�registered�AD/�e-mail,�or�through� a� download� on� the�website� or� through� displays� on� the�notice�boards�of�branch�/�main�office,�or�by�newspaper�or�by�any�other�suitable�means.�I/we�agree�that�the�communication�delivery�by� PSPL� is� complete� upon�posting�on� the�website� or� delivery� to�postal�department�/�courier�company�or�e-mail,�by�messaging�on�the�computer�screen�of�the�client,�These�policies�and�procedures�are�to� be� read� along� with� the� document� executed� and� shall� be�compulsorily�referred�to�while�deciding�any�dispute�/�difference�in�claims� in� between� client� and� PSPL� in� any� court� of� law,� judicial� /�adjudicating�authority,�including�arbitrator,�mediator�etc.
Here�in�above:I/We�hereby�state�that�I/we�have�understood�the�above�policy�&�procedures�and�do�hereby�sign�the�same�in�acknowledgement�and�agree.
D��D��M���M��Y��Y����Y���Y ������������������������������������Place
Client�NameClient�Signature��
1
11/2
0
Date�
23
TRADING�TARIFF�DETAILS
TERMS�AND�CONDITIONS
1.�� Account�opening�charges�will�be�levied�at�Rs.�5000.�and�shall�be�non-refundable.�Service�Tax�will�be�levied� additionally.2.�� All�statutory�and�exchange�related�charges�ie.�STT,�SEBI�Turnover�fees,�Exchange�Transaction�Charges,�Stamp�� Duty�(as�applicable�State�wise),�Service�Tax�and�any�other�Statutory�/�Regulator�/�Government�will�be�levied� over�and�above�Brokerage�opted.3.�� PSPL�is�authorize�to�charge�to�client�if�any�additional�charges�arrives�in�any�given�circumstance�and� conditions�related�to�trading�and�Demat�and�thereafter�inform�the�client.4.�� Courier�Charges�will�be�levied�on�actual�or�Rs.�100�flat,�whichever�is�higher�on�per�delivery�of�document�5.�� Inter-settlement�and/or�Inter�Exchange�and/or�Securities�movement�in�collateral�account�and/or�Stock� Brokers�Pool�and/or�beneficiary�account�and�any�other�transaction�client�behalf�would�be�charged�at�Rs.�25� per�transaction.�6.�� Delayed�Payment�Charges�on�debit�balance�will�be�debited�to�client's�Trading�ledger�not�exceeding�24%�P.a.7.�� In�event�of�Cheque�bounce,�Rs.�250�on�each�instance�will�be�levied�to�client.8.�� All�Types�of�Demat�charges�like�annual�maintenance�fees,�transaction�charges�etc,�will�be�debited�to�clients� trading�ledger�at�actual�as�per�clients�Demat�account�billing.9.�� Additional�services�provided�to�client�like�SMS�facility�etc.,�would�be�charged�separately�as�decided�by�stock� broker�from�time�to�time.10.�� Changes�in�any�charges�other�than�statutory/Regulatory�/Government�will�be�intimated�within�15�days�of� notice.
I/We�have�understood�and�agreed�the�above�terms�and�conditions�related�to�charges�listed�above�being�charged�to�me/us,�as�applicable�and�agree�to�abide�by�the�same.I/We�enclose�demand�draft�/�pay�order/�cheque�Rs.�________________Favouring�Pentad�Securities�(P)�Ltd.�to�avail�this�brokerage�plan
Trading�Account�No.�� �Bank�Name�
Amount�.� Cheque�No.
Minimum�Per�Share
Client�Signature��
1
D��D��M���M��Y��Y����Y���Y ������������������������������������Place
Client�Name12
/20
Date�
Details�of�Charges�
DELIVERY�CASH�
INTRADAY�CASH�(Each�Leg�)�
FUTURES�(Each�Leg)�
OPTIONS�PREMIUM
Client�Agreed�Rates�
Note:��Brokerage�as�mentioned�above�in�the�tariff�would�be�charged�subject�to�a�minimum�brokerage�of�5�paisa�per�share�in� �delivery�trade�and�1�paisa�per�share�on�Intraday�and�Future�trade
25
To,M/s�Pentad�Securities�Private�Limited#2, In GS Point, Opp. Mumbai University CST Road, Santacruz (E),Mumbai - 400 098
Sub:�Request�for�Sending�Contract�Notes,�Statements�of�Accounts�&�Securities�&�other�Account�Related�Documents�&�Statements�on�my�emailReference:�����Trading�Account�client�code�number:�________________________________Dear�Sir,This�is�with�reference�to�the�Rights�&�Obligations�for�registering�me/us�as�Client�of�Pentad�Securities�Private�Limited�(hereinafter�referred�to�as�PSPL�or�Stock�Broker�interchangeably).�In�this�regard,�I�hereby�authorize�and�request�PSPL:�1.�To�send�contract�notes,�bills,�ledgers,�transaction�statement�(statement�of�fund/�securities),�report,�letter,�Circulars�etc.�in�electronic�
form�on�my�following�Email�ID�in�relation�to�trades/�transaction�done�on�the�exchanges�through�PSPL.Email�ID.�______________________________________________________________________Further,�I�Confirm�that�aforesaid�ECN�and�communication�sent�by�Stock�Broker�from�time�to�time�to�my�/�our�email�id�shall�be�deem�to�have�seen�delivered�to�me�and�it�shall�be�presumed�that�the�same�is�in�order�unless�any�discrepancies�are�highlighted�by�me�or�brought�to�notice�of�PSPL�in�accordance�with�the�rules/bye-laws/regulations�of�the�exchanges/regulatory�authorities.�I/�we�confirm�that�non-�receipt�of�bounced�mail�notification�by�PSPL�shall�amount�to�delivery�of�the�contract�note�at�the�above�mentioned�email�ID.�I�shall�not�hold�PSPL�responsible�for�any�delay�in�delivery�due�to�technical�reasons.�I�agree�that�Log�reports�of�dispatching�software�shall�be�conclusive�proof/evidence�of�delivery.
2.����To�complete�the�necessary�formalities�those�are�required�under�the�provisions�of�the�Information�Technology�Act,�2000�for�getting�the�above�facility�Further�I�confirm�that:�
3.����In�case�I�request�to�receive�physical�contract�notes,�bills,�ledgers,�transaction�statement�(statement�of�Fund/�securities),�report,�Letter,�Circulars�and�any�other�documents�in�addition�to�the�digital�copy,�then�PSPL�is�authorized�to�debit�the�charges�as�decided�by�PSPL�to�my/�our�trading�account.
4.�����I�acknowledge�that�Contract�notes,�bills,�ledgers,�transaction�statement�(statement�of�fund/�securities)�may�also�be�kept�for�seven�days�on�the�web�server�of�PSPL�on�www.pentadsecurities.com�which�can�be�downloaded�by�me/us�through�login�id�and�password�provided�by�PSPL�to�me/us.�
5.����The�above�service�may�require�using�password�/�digital�signature�and�I/�we�shall�be�responsible�for�confidentiality�and�proper�use�at�all�time�of�password�and/or�digital�signature�for�all�transactions�initiated�through�aforesaid�service.�
6.���I�hereby�declare�that�above�mentioned�email�IDs�are�created�and�operated�by�me,�7.���I�confirm�that�any�change�in�the�aforesaid�email�address�or�any�other�instructions�with�regard�to�dispatch/�service�of�my/�our�
statement�of�account�to�me�/�us�shall�not�be�binding�upon�you�unless�you�are�intimated�in�writing�by�me/us
Yours�faithfully
UNDERTAKING�FOR�ACCEPTING�ELECTRONIC�CONTRACT�NOTES�AND�OTHER�COMMUNICATION�THROUGH�EMAIL
Client�Signature
2/12
13/2
0
Client�Name
26
The�execution�of�this�document�by�the�client�is�voluntary.�However�in�case�the�client�wish�to�avail�of�the�online�trading�services�with�respect�to�Broking� �account,�then�execution�of�this�document�by�the�client��is�required�in�order�to�facilitate�seamless�and�hassle�free�trading�and�settlement�of�transactions.
These�additional� clauses� (hereinafter� referred� to�as� “Document”)�shall�be�read�in�conjunction�with�the�“Rights�and�Obligations”�as�prescribed�by�SEBI.
1.� DEFINITIONS
For�the�purpose�of�Stock�Broking�Documents,�the�following�words�and�expressions�shall�have�the�meanings�set�out�hereunder�unless�the�context�otherwise�requires:-�1�� ��������������� � �“Account�Opening�Form”�means�the�KYC�Application�Form�
and�Trading�Account�Related�Details�Form.2�� “Applicable� Laws”�means� all� applicable� (i)� statues,� laws� acts,�
decrees,� ordinances,� subsidiary� or� subordinate� � legislation,��orders��rules,� regulations,� constitutional� provisions,� treaties,�conventions,� rules� of� civil� or� common� law� or� equity,��notifications,��direc�tives� and� circulars� of� any� Government�Authority;� (ii)� provisions� of� approvals,� licenses,� permissions,���authorization,��consents� and� concessions,� whether� from� any�Governmental�Authority�or�otherwise;�and�(iii)�decisions,
� injunctions,��judgments,�and�awards�of�or�agreements�with�any�Governmental�Authority.�
3�� �“BSE”�means�the�Bombay�Stock�Exchange�of�India�Limited.4�� “Client”� means� the� person� /� entity� specified� in� the� KYC�
Application�Form.5�� “Client�Information”�means�any�information�with�respect�to�the�
Client,�the�Client's�accounts�and�any�other�� information�what��� soever� relating� to� the� Client� and/or� the�
beneficial� ownership� of� the� Client's� assets� and/or� such�beneficial��owners�(if�any),�� any� of� the� services� or� proposed�services� or� any� transactions� or� dealings� between� the� Stock�Broker�and�the���Client�and/or���the�Stock�Broking�Documents�or�content�thereof.�
6�� “Pentad�Securities�Pvt.�Ltd.”�means�PSPL�and�any�of�its�affiliates�and/or�subsidiaries.
7�� “PSPL� Standard� Terms� &� Conditions”� means� the� terms� and�conditions�set�out�in�this�document.
8�� “Governmental�Authority”�means�any�government�or�political�subd iv i s ion � the reo f ; � any � depa r tment , � agency � o r���instrumentality� of� any� government� or� political� subdivision�thereof�including�the�RBI,�SEBI,�Stock�Exchanges,�any�court�or���arbitral� tribunal,� regulatory� authority� or� self-regulatory�organization,� including� the� governing� body� of� any� stock�exchange���in�relation�to�which�the�Client�or�any�person�with�the�PSPL�is�a�member�or�otherwise.�
9�� “Guidance� Note”� means� the� document� detailing� Do's� and�
Don'ts�for�trading�on�Stock�Exchanges�as�prescribed�by��� S E B I /�Exchanges�from�time�to�time�for�education�of�the�investors.�
10��“KYC�Application�Form”�means�an�application�form�containing�basis�information�about�the�Client�and�an�instruction/�check���list�thereof.�
11� �“NSE”�means�the�National�Stock�Exchange�of�India�Limited.12��“Policies� and� Procedures”� means� the� document� describing�
significant� policies� and� procedures� of� the� Stock� Broker� for���trading�on�Stock�Exchanges.
13��“Rights�and�Obligations”�means�the�rights�and�obligation�of�the�Stock�Broker�and�the�Client�as�prescribed�by�the��S E B I � a n d / o r�Stock�Exchanges.
14��“Risk�Disclosure�Document”�means�the�document�detailing�risk�associated�with�dealing�the�securities�market�as�prescribed��� b y�SEBI�from�time�to�time.�
15��“SEBI”�means�the�Securities�and�Exchange�Board�of�India.16��“Stock� Broker”� or� “PSPL”� means� Pentad� Securities� Private�
Limited,� a� private� limited� company� incorporated� under� the��provisions�of� the�Companies�Act,� 1956,�having� its� registered�office�at��1st�Floor,�Aramana�Arcade,�Bank�Road,�K� a s a r a g o d ,�Kerala� -� 671121.India� and� being� a� member� of� the� Stock�Exchanges.�
17� � “Stock�Broking�Documents”�means�Account�Opening�Form,�Rights�and�Obligations,�PSPL�Standard�Terms,�Risk�Disclosure�Document,� Guidance� Note,� Policies� and� Procedures,� Tariff�Sheet�and�any�other�document�which�PSPL�may�from�time�to���time� provide� to� the� Client,� as� amended,� supplemented,�restated�or�substituted�from�time�to�time.�
18� �“Stock�Exchanges”�or�“Exchanges”�means�BSE�and�NSE.19��“Tariff�Sheet”�means�the�document�detailing�the�rate�/�amount�
of�brokerage�and�other�charges�payable�by�the�Client��� t o � t h e�Stock�Broker�for�trading�on�the�Stock�Exchanges.
20��“Trading� Account� Related� Details� Form”�means� a� document�capturing�the�additional�information�about�the�Client�relevant�to�trading�account�and�an�instruction�/�check�list�thereof.
2.� CONSTRUCTIONIn�the�Stock�Broking�Documents:
1� Words�importing�the�singular�include�the�plural�and�vice�versa.�2� �“Including”�and�“includes”�means�including�or�includes�without�
limitation� (and� related� expressions� shall� be� Interpreted���accordingly).
3� �“Person”�includes�any�individual,�company,�corporation,�firm,�partnership,� joint� venture,� association,� organization,� trust,���state,�agency�of�a�state�or�Governmental�Authority�(in�each�case,�whether�or�not�having�separate�legal�personality).�
4� �References�to�time,�unless�otherwise�expressly�stated,�are�to�Indian�standard�time.
PSPL�STANDARD�TERMS�AND�CONDITION
27
5� �Reference�to�a�provision�of�Applicable�Law�is�a�reference�to�that�provision�as�amended�or�re-enacted,�from�time�to�time.
6� �All� references�to�capitalized�terms�which�are�not�specifically�defined� herein� are� to� be� interpreted,� construed,� classified�and/or� determined� in� accordance� with� the� Stock� Broker's�prevailing� practices� and/or� the� Stock� Broker's� operational�systems���from�time�to�time.
3.� DISCLOSURE�OF�INFORMATION�1� �The�Client�hereby�authorizes�and�permits�the�Stock�Broker�and�
any�of� its�officers,�directors,�representatives�and�employee�to��disclose�any�Client�Information�to�(a)�the�head�office�and�any�branches,�subsidiaries�or�associates�or�affiliates�(including�any���officer�and�employee�thereof)�wherever�located,�of�the�Stock�Broker;�(b)�to�whom�the�Stock�Broker�out-sources�the���p e r f o�mance�of�any�of�its�functions�under�Stock�Broking�Documents;�(c)�the�agents,�intermediaries�to�whom�specific��� functions� � of��the�Stock�Broker�have�been�delegated�and/or�through�whom�the� instructions� of� the� Client� are� to� be� executed;� (d)� the��employees,� advisors� and� legal� counsel� of� the� Stock� Broker;�and/or�(e)�to�any�person/authority�as�required�under�the
� �applic�able�law�or�regulations�as�the�Stock�Broker�and�any�officer�and�employee�thereof�shall�consider�appropriate.�
2� The� Stock� Broker� hereby� confirm� that� it� has� implemented�internal� controls� and�procedures� to� ensure� that� any� internal���outsourcing� arrangement� and� external� outsourcing�arrangement� to� third� party� service� providers,� complies� with�applicable�rules�and�regulations�while�ensuring� integrity�and�confidentiality�of� client� information� is�maintained.� The�Stock�Broker��fu�rther�confirms�that�it�will�ultimately�be�responsible�for�the�completion�of�all�key�activities�required�pursuant�to��S t o c k�Broking���KYC�Documents.�
3� The�Client�hereby�authorizes�the�Stock�Broker�and�the�financial�institution(s)�and�bank(s)�named�in�the
� Account�Opening�Form�or�provided�to�the�Stock�Broker�by�the�Client� to� verify� and�exchange� information� contained� therein���and� such� other� information� relating� to� the� Client's� personal�particulars,�its�bank�account(s)�in�the�said�financial�institution(s)���and� bank(s)� between� the� Stock� Broker� and� such� other� third�parties�as�the�Stock�Broker�may�deem�appropriate�for�the���p u�rposes�of�the�Stock�Broking�KYC�Documents.�
4� � In� addition� to� and�without� limitation� to� the� foregoing,� the�Client� acknowledges� and�confirms� that�PSPL� is� regulated�by�and�is�� subject� to� the� regulatory� notices,� rules,� guidelines,�regulations,�orders,�promulgations,�directives�as�issued�by�the�Stock��Exchanges�and�SEBI�(in�each�case,�as�may�be�amended,�varied,� supplemented� or� replaced� from� time� to� time)� and�hereby��expressly�authorizes�and�permits�PSPL�to�disclose�any�Client� Information� in� accordance� with� the� requirements�specified��therein.�
5� �This�section�is�not,�and�shall�not�be�deemed�to�constitute,�an�express� or� implied� agreement� by� PSPL�with� the� Client� for� a�higher�degree�of�confidentiality�than�that�prescribed�under�the�laws� of� India� or� any� regulatory� notices,� rules,� guidelines,��regulations,�orders,�promulgations�or�directives�issued�by�the�Stock�Exchanges�and/or�SEBI�(in�each�case,�as�may�be�amended,�varied,�supplemented�or�replaced�from�time�to�time).�The�rights�conferred�on�PSPL�in�this�section�shall�be�in��addition�to�and�shall�not� be� in� any� way� prejudiced� or� affected� by� any� other�agreement,�expressed�or�implied,�between�the
� �Client�and�PSPL�in�relation�to�any�Client�Information�nor�shall�any� such�other� agreement�be� in� any�way�prejudiced�and/or���affected�by�this�section.�
4.� GENERAL�REPRESENTATIONS�AND�WARRANTIE
1� � The� Client� irrevocably� and� unconditionally� represents� and�warrants�to�the�Stock�Broker�as�follows:
2� �The�Client�has�full�and�valid�power�and�authority�to�enter�into,�execute� and� deliver� this� Agreement� and� to� perform� the���transactions�contemplated�herein;�
3� �The�execution�and�delivery�by�the�Client�of�the�Stock�Broking�KYC� Documents� and� the� performance� by� the� Client� of� the���transactions�contemplated�hereby�have�been�duly�authorised�by�all�necessary�corporate�or�other�action(s)�of�the�Client;�
4� �The�Stock�Broking�Documents�constitutes�the�legal,�valid�and�binding� obligations� of� the� Client,� enforceable� against� the���Client�in�accordance�with�its�terms�and�conditions;��
5� �The�execution,�delivery�and�performance�of�the�Stock�Broking�KYC�Documents�by�the�Client�will�not�violate�or�conflict�with:���(a)�Any�provision�of�the�constitutional�documents�(if�any)�of�the�Client;��(b)�Any�court�order,�judgment,�injunction,�award,�decree�or�writ�against,�or�binding�upon,�the�Client�or�the�Assets,�the�Client's
� properties�and/or�business;� � � � � � � �(c)�Any�law�or�regulations�of�India;� and/or� � � � � � (d)�Any� agreement�by�which� the�Client� is�bound;��(e)� The� Client� will� pay� all� calls� and� make� all� other�payments�due�in�respect�of�transactions�executed�by�the�Stock�Broker�upon���Clients�instruction�when�due.
5.� ANTI-MONEY�LAUNDERING�(AML)�REPRESENTATIONS�� AND�WARRANTIES
1� �The�Client�represents�that�it/he/she�or�the�person/entity�who�conducts� transactions� through� the�Client's� account�with� the�Stock�Broker�(i)�is�not�the�government�of�or�a�person�or�entity�in�or�organized�under�the�laws�of,�or�owned�or�controlled�by�the���government�of�or�a�person�in�or�organized�under�the�laws�of,�Cuba,�Iran,�Myanmar�(Burma),�North�Korea,�Sudan�or�Syria,�(ii)�is��not�identified�in�any�Executive�Orders�or�on�the�List�of�Specially�Designated�Nationals�and�Blocked�Persons�maintained�by�� t h e�Office�of�Foreign�Asset�Control�of�the�United�States�Department�
28
of� the� Treasury� (“OFAC”),� (collectively,� “OFAC� Lists”)� or��comparable� lists,� including�other� lists�of� terrorists�or� terrorist�organization,�of� the�European�Union�or�any�other�applicable��country�(“Other�Lists”),�and�(iii)�is�not�otherwise�the�subject�of�any�sanctions�administered�of�OFAC�or�the�European�Union�or��its�members.�
2� �In�the�future,�if�the�Stock�Broker�determines�that�the�Client�or�the� person/entity� who� conducts� transactions� through� the�Client's�account�with�the�Stock�Broker�is�(i)�the�government�of�or�a�person�or�entity�in�or�organized�under�the�laws�of,�Cuba,�Iran,�Myanmar�(Burma),�North�Korea,�Sudan�or�Syria,�(ii)�is�included�on�the�OFAC�Lists�or�Other�Lists�or�(iii)�is�otherwise�the�subject�of�the�sanctions�administered�by�OFAC�or�the�European�Union�or�its�members,�the�Portfolio�Manager/Stock�Broker
� �will�not�allow�such�transactions�conducted�directly�or�indirectly�through�the�Client's�account�with�the�Stock�Broker,�and,�to�� t h e�extent�permitted�by�law,�the�Client�agrees�to�advise�the�Stock�Broker� of� the� name� of� the� relevant� person/entity� and� other���necessary� information� in� order� that�measures� can� be� taken,�including,�as�required,�blocking�any�assets�maintained�on�the
� �books�of� the�Stock�Broker�and�notifying�OFAC�and/or�other�regulators.�
3� �The�Client�represents�that�it/he/she�has�in�place�appropriate�internal�systems�and�controls�to�comply�with�all�requirements���concerning�anti-money�laundering�and�antifraud�to�which�the�Client�may�be�subject.�The�Client�also�represents�that��� it/he/she�is�in�compliance�and�will�continue�to�be�in�compliance�with�the�laws,�regulations�and�Executive�Orders���administered�by�India�&�the�OFAC�in�reference�to�U.S.�Persons.�
6.� VERIFICATIONS:1.� Pentad� Securities� Private� Ltd,� (hereinafter� referred� to� as� the�
Stock�Broker),�may�adopt�any�process�or�procedure�to�verify�the�genuineness�of�the�Client�and�the�documents�and�information�submitted�by�the�Client� from�time�to�time�and�Client�agrees�tocomply�with�such�processes�and�procedures.
7.� SECURITIES�ACCOUNT:1.� �The�Client�states�that�he�has�opened/agrees�to�open�a�valid�and�
subsisting�Securities� account�with� the�depository�Participant�associated� with� us� to� facilitate� seamless� settlement� of�transactions�undertaken�through�the�stock�broker.�
2.� The�Client�agrees�that�the�Stock�Broker�may�in�order�to�facilitate�seamless� Trading� &� settlement� of� transactions� undertaken�through�the�stock�broker�require�the�Client,�at�any�time�during�the�subsistence�of�Broking�relationship�relating�to�the�subject�matter� of� these� presents,� to� open� one� or� more� Securities�Account�with�the�Designated�DP.
3.� In� the� event� of� any� change� in� the� details� of� the� Securities�Account� or� any� other� relevant� details,� the� Client� shall� first�update�such�changes�with�the�Stock�Broker.
8.� BANK�ACCOUNT:1.� The�Client�states�that�he�has�opened�a�valid�and�subsisting�Bank�
Account� with� any� recognised� Bank� to� facilitate� seamless�settlement� of� transactions� undertaken� through� the� stock�
broker.2� .In�the�event�of�any�change�in�the�details�of�the�Bank�Account�or�
any� other� relevant� details,� the� Client� shall� first� update� such�changes�with�the�Stock�Broker.
9.� �COMPLIANCE�WITH�APPLICABLE�LAWS:1.� This� Document� shall� be� governed� by� and� construed� in� all�
respects�in�accordance�with�the�laws�of�the�Republic�of�India.2.� Further,� the�provisions�of� this�Document�and�all� transactions�
that�are�carried�out�by�and�on�behalf�of�the�Client�shall�always�be�subject�to�the�Applicable�Laws.
3.� The�Client�hereby�authorizes�the�Stock�Broker�to�take�such�steps�as�may�be�required�for�compliance�with�the�Exchange�Bye-laws�or�any�other�Applicable�Laws�or�provisions�or�to�complete�or�settle�any�transactions�entered�into�through�or�with�the�Stock�Broker.�
10.�TRADING�HOURS:The�Client� shall� trade�during� trading�hours.�However,�under� the�After�Market�Order�(AMO)�facility,�client�may�place�orders�during�off�market�hours,�which�may�be�entered�into�the�Stock�Brokers'�system�at�the�start�of�the�next�trading�session.�The�Stock�Broker�reserves�the�sole�right�to�offer�and�withdraw�this�facility�at�its�discretion.
11.�EXPOSURE�LIMITS:1.� In�determining�the�exposure�limits�set�for�the�Client,�the�Stock�
Broker�shall�be�entitled�to�take�into�consideration�such�factors�as�it�may�deem�fit,�including�such�risk�and�other�factors�as�it�may�deem�fit�and�proper.
2.� In�case�the�Client�wants�to�avail�of�the�trading�facility�(leveraged�positions),�an�exposure�limit�as�may�be�specified�by�the
12.�MARGIN:Stock� Broker� from� time� to� time� as� a�multiple� of� buying� power�available� to� the� credit� of� the� Client� from� time� to� time� shall� be�provided�during�the�same�trading�day.�Buy�and�sell�positions�can�be�carried� forward� till� specified� time�before�closure�of� the�business�hours�on�the�same�day,�before�which�the�Client�will�have�to�provide�funds/�securities,�thereby�taking�or�making�the�delivery�or�square�off� the� positions.� If� the� funds/securities� are� not�made� available�before�the�stipulated�time,�the�buy�position�shall�be�squared�off�at�the�discretion�of�the�Stock�Broker.�Any�shortfall�in�securities�will�be�handled�as�per�the�Exchange/�Stock�Broker�norms.�Gains�or�losses�on�account�of�square�off/auction,�auction�charges,�fees,�penalties,�etc.,�shall�be�to�the�account�of�the�Client.
1.� The�Client�shall�meet�the�margin�in�the�form�of�cash�and/or�in�the� form� of� Securities,� fixed� deposit� or� bank� guarantee� (the�“Margin”)� as� determined� and� approved� by� the� Stock� Broker�from�time�to�time,�which�shall�be�placed�by�the�Stock�Broker�in�such�inter�se�proportion�as�may�be�notified�by�the�Stock�Broker�from�time�to�time.�
2.� �The�Stock�Broker�may,�in�its�absolute�discretion,�refuse�to�accept�a�particular�form�of�Margin�from�the�Client.
3.� To�secure� the�performance�of�all� its�obligations�entered� into�with�the�Stock�Broker,�the�Client�agrees�and�undertakes�to�place�such�cash,� Securities�or�other� acceptable� security� as�may�be�approved,�required�and�notified�from�time�to�time�by�the�Stock�Broker�or�the�Exchange�or�as�may�be�directed�by�SEBI�from�time�to� time,�by�way�of�Margin,� and�which� in� the� case�of�Margin�required�by�the�Stock�Broker�may�be�higher�than�the�Margin,�if�any,� as� prescribed� by� the� Exchange.� The� Stock� Broker� may�impose�such�additional�Margin�requirements�on�the�Client�in�addition�to�those�prescribed�by�the�Exchange�or�SEBI�from�time�to�time.
29
4.� The�Client�shall�maintain�such�Margin�as�may�be�stipulated�and�notified�by�the�Stock�Broker�from�time�to�time�and�the�Client�shall,�upon�demand� from� the�Stock�Broker,� forthwith� furnish�such�replacement�or�additional�Margin�in�the�form�and�content�as�may�be�acceptable�by�the�Stock�Broker.�
5.� In�case�the�Client�does�not�provide�the�required�Margin�within�the�time�frame�specified�by�the�Stock�Broker,�the�Stock�Broker�shall�as�a�risk�containment�measure�have�the�right�to�do�the�following:�(I)�Instruct�as�the�client's�power�of�attorney�holder�the�Designated�Bank�and/or�the�Designated�DP�to�transfer�to�the�Stock�Broker�all�or�any�funds�or�Securities�in�the�Client's�Bank�Account�and/or�Security�Account�or�lying�to�the�order�of�the�Client�and/or�the�proceeds�thereof�as�Margin.�The�Stock�Broker�shall� not� be� liable� to� the� defaults� in� the� client's� Bank�Account/Demat�Account�subsequent�to�the�above�transfer� if�any;�(ii)�Prevent�any�new�or�outstanding�requests/orders�from�being�placed�or�executed;�or�(iii)�Liquidate�or�close�out�all�or�any�of�the�Client's�positions�at�the�discretion�of�the�Stock�Broker;�or�(iv)Take�such�other�action�as�the�Stock�Broker�may�think�fit�and�proper.
6.� The�Stock�Broker�may�exercise�any�or�all�of�the�rights�contained�herein�towards�risk�containment�measure�without�demand�for�any�additional�Margin,�security�or�collateral,�or�advance�notice.�
7.� The�Stock�Broker�shall�not�be�obliged�to�return�any�Margin�to�the�Client� until� the�Client� has� satisfactorily� discharged� all� its�payment�obligations�or�other�obligations.
8.� The�Stock�Broker�shall�not�be�liable�to�pay�any�amounts�to�the�Client,�whether�in�the�form�of�interest�or�otherwise�in�relation�to�the�Margin�placed�including�any�ledger�credit�balance.�
9.� The�Stock�Broker�may�in�its�sole�discretion�determine�that�the�Client�may�be�a�cash-and-carry�Client,�in�which�case�the�Client�shall�not�be�permitted�to�trade�on�the�basis�of�the�Margin�placed�and� the� Client� may� in� such� cases� be� bound� to� place� the�applicable� Securities� /� Cash� with� the� Stock� Broker,� in� such�manner�as� the�Stock�Broker�may�determine� for�enabling� the�Client�to�carry�out�any�transaction(s).
10.��Margin�in�derivative�contracts:�The�Client�shall�be�liable�to�pay�an� initial�Margin� upfront� on� or� before� creating� a� position� in�derivative�contracts.�Such�Margin�shall�be�decided�upon�by�the�Stock�Broker�from�time�to�time.�Further,�the�Client�is�liable�to�pay�or� receive� daily�Mark� to�Market� loss� or� profit� depending� on�whether�the�price�of�the�derivative�contract�moves�in�favour�of�or�against�the�position�undertaken.�The�Client�may�also�be�liable�to�pay�withholding�Margin,�Special�Margin�or�such�other�Margin�as� are� considered� necessary� by� the� Stock� Broker� or� the�Exchange�from�time�to�time.
11.�In� the� case� where� the� payment� by� the� Client� towards� the�Margin�is�made�through�cheques�or�demand�drafts� issued�in�favour�of�the�Stock�Broker,�transactions�may�be�executed�by�the�Stock� Broker� only� upon� realization� of� the� funds� of� the� said�cheques�or�demand�drafts�at�the�discretion�of�the�Stock�Broker.
12.�In�the�event�that�Securities�have�been�placed�as�Margin�with�the�Stock�Broker,�all�corporate�benefits�accruing�to�such�Securities�shall� form� part� of� the� Margin.� In� the� case� of� discretionary�corporate�benefits�including�without�limitation,�rights�shares,�convertible�shares,�the�Client�shall�inform�the�Stock�Broker�prior�to� the� record�date�and� replace� the� said�Securities�with� such�other�Securities�as�may�approved�and�accepted�to�the�Stock�Broker�at�least�10�days�prior�to�the�record�date�or�within�such�other�period�as�may�be�acceptable�to�the�Stock�Broker.�In�case�the�Stock�Broker� is� satisfied�with� the�actions� initiated�by� the�Client� such� Securities� shall� be� transferred� to� the� Securities�Account�or�the�Stock�Broker�may�take�the�necessary�actions�to�avail�of�any�such�corporate�benefits.�However,�in�the�event�that�the�Client�fails�to�act�as�stated�above,�the�Stock�Broker�shall�have�
the�discretion�either�to�liquidate�such�Securities�and�replenish�the�Margin�or�decide�not�to�avail�such�corporate�benefit.�In�the�event� that� the� Stock� Broker� decides� not� to� avail� any� such�corporate�benefit�accruing�on�the�Securities�transferred�by�the�Client�to�the�Stock�Broker�as�Margin,�the�Stock�Broker�shall�not�be�liable�for�any�consequences.�
13� .�The�Client�agrees�and�authorizes�the�Stock�Broker�to�determine�the� market� value� of� the� Securities� placed� as� Margin� after�applying� a� haircut� that� the� Stock� Broker� deems� appropriate�from� time� to� time.� The� Client� undertakes� to� monitor� the�adequacy� of� the� collateral� and� the� market� value� of� such�Securities�on�a�continuous�basis.� If,�due�to�price�fluctuations,�there�is�erosion�in�the�value�of�the�Margin,�the�Client�agrees�to�replenish�any�shortfall�in�the�value�of�the�Margin�immediately,�whether�or�not�the�Stock�Broker� intimates�such�shortfall.�The�Stock�Broker�may�at�its�sole�discretion�prescribe�the�payment�of�Margin� in� the� form� of� cash� instead� of� Securities.� The� Client�accepts�to�comply�with�Stock�Broker's�requirement�of�payment�of�Margin� in� the� form�of� cash� immediately� failing�which� the�Stock�Broker�may�as�a�risk�containment�measure�sell,�dispose,�transfer�or�deal�in�any�other�manner�with�the�Securities�already�placed�with�the�Stock�Broker�as�Margin�or�square�of�all�or�some�of�the�positions�of�the�Client�either�entirely�or�partially�as�the�Stock�Broker�may�deem�fit�as�a�risk�containment�measure�in�its�discretion�without�any�notice�to�the�Client�and�any�resultant�or�associated�losses�that�may�occur�due�to�such�square�off�or�sale�shall�be�borne�by�the�Client.��Shortfall� in� Margin:� � (i)� If� payment/� Securities� towards� the�Margin�or�shortfall�in�Margin�is�not�received�instantaneously�to�enable�restoration�of�sufficient�Margin�in�the�Client's�account�all�or�some�of�the�positions�of�the�Client�as�well�as�the�Securities�of�the� Client� placed� with� the� Stock� Broker� as� Margin� or� other�Securities�in�possession�or�control�of�the�Stock�Broker�may�be�liquidated�by�the�Stock�Broker�as�a�risk�containment�measure�after�making�reasonable�attempt�to�inform�the�client�for�such�top� up� margin.� The� resultant� or� associated� losses� that� may�occur�due�to�such�squaring�off�or�sale�of�such�Securities�shall�be�borne�by�the�Client.�Such�liquidation�or�close�out�of�positions�shall�apply�to�any�segment�in�which�the�Client�does�business�with�the�Stock�Broker.� �(ii)�In�case�of�shortfall�in�the�Margin,�any�update�on�the�Stock�Broker's�Website�or�through�SMS�or�tele-calling� or� through� electronic� delivery� to� the� Client's� e-mail�address,�with�respect�to�requirement�of�top-up�of�such�shortfall�in�the�Margin�shall�be�deemed�to�be�a�reasonable�notice�to�the�Client.� The� Client� is� responsible� for� all� orders,� including� any�orders�that�may�be�executed�without�the�required�Margin�in�the�Client's� account.� If� the� Client's� order� is� executed� despite� a�shortfall�in�the�available�Margin,�the�Client�shall�whether�or�not�the�Stock�Broker�intimates�such�shortfall�in�Margin�to�the�Client,�make�up�the�shortfall�either�through�delivery�of�Securities�in�the�event�of�a�sale,�or�credit�the�required�funds�in�the�Bank�Account�via�net/wire�transfer�or�personal�cheques�/�banker's�cheque�or�account�transfer�or�any�other�mode�as�may�be�required�by�the�Stock�Broker.�Any�reference�in�these�terms�for�sale�or�transfer�of�Securities�by�the�Stock�Broker�shall�be�deemed�to�include�sale�of�the� Securities,� which� form� part� of� the� Margin� and/or� such�Securities�of�the�Client,�which�are�in�possession,�or�control�of�the�Stock� Broker.� In� exercise� of� the� Stock� Broker's� right� to� sell�Securities,�the�Client�agrees�that�the�choice�of�specific�Securities�to�be�sold�shall�be�solely�at�the�Stock�Broker's�discretion.�Further,�the� Client� agrees� to� keep� itself� abreast� of� the� stock�market�activity�and�news.�The�Client�agrees�that�in�case�of�high�market�volatility,� the� Stock� Broker� may� require� the� Client� to� pay�additional�Margin�immediately�in�addition�to�the�Margin�that�may�have�already�been�paid�or�placed�by�the�Client.�The�Client�
30
agrees�that�the�Stock�Broker�in�the�absence�of�such�payment�or�top-up,�may�as�a�risk�containment�measure�be�compelled�to,�in�the� circumstances,� square-off� all� or� any� open/outstanding�positions,�prevent�any�new�orders� from�being�placed�and/or�executed�by�the�Client�or�take�such�other�action�as�the�Stock�Broker� may� think� fit� and� proper.� Any� amendment� in� the�percentage�of�Margin� as� required� to�be�maintained� shall� be�intimated� by� the� Stock� Broker� to� the� Client� by� posting� the�updated� required� percentage� of� margin� on� Stock� Broker's�Website�or�by�such�other�means�as�the�Stock�Broker�may�deem�fit.� The� Client� is� required� to� replenish� the� shortfall� in� such�Margin,�if�any,�on�demand�of�the�same�by�the�Stock�Broker�or�otherwise,�immediately.�All�Margin�placed�by�the�Client�may�be�invoked�or�utilized�by�the�Stock�Broker�in�such�circumstances�as�may� be� permitted� by� the� Exchange� and/or� by� Regulations,�Rules,�Bye-laws�or�Circulars.�In�addition�to�the�above�all�Margin�may�be�appropriated�or�utilized�in�the�event�of�any�default�by�the�Client�and/or�to�set�off�against�any�liability�of�the�Client�to�the�Stock�Broker�or�otherwise.�
21.�Where� Margin� is� to� be� provided� in� the� nature� of� bank�guarantees�if�so�approved�by�the�Stock�Broker,�the�Stock�Broker�may� require� such� bank� guarantee� to� be� in� such� form� and�manner�as�may�be�stipulated�by�the�Stock�Broker.�
22.�Client�position�may�be�squared�off�by�the�stock�broker�at�its�sole�discretion�as�a�risk�containment�measure,�without�any�further�reference�to�Client,�if�at�any�time�during�the�day�the�additional�margin� /� Mark� to� Mark� margin� requirement� of� the� Client�exceeds�[30%]�of�the�value�of�funds�and�/�or�other�securities�(net�of�haircut)�placed�with�the�Stock�Broker.�As�a�risk�containment�measure� in� abnormal� circumstances,� the� Stock� Broker� shall�have� the� discretion� to� square� off� the� Client's� position� even�above� or� below� the� aforesaid� threshold� without� any� prior�intimation� to� the� Client.� Further� all� outstanding� /� pending�orders�(if�any)�during�such�time�may�be�cancelled�by�the�stock�broker�at�its�sole�discretion.
13.��PRICE�OF�SECURITIES:The� Client� understands� that� with� respect� to� any� transaction�order/request,�the�price�at�which�the�order�was�actually�executed�in�the�market�may�be�different�from�the�price�at�which�the�Securities�were�trading�when�the�Client's�order�was�entered�into�the�Stock�Broker's�system,�which�may�arise�due�to�dynamic�price�movements�of�the�scripts.
14.�EXECUTION�OF�TRANSACTION�REQUESTS:1.� The�Client�shall�instruct�the�Stock�Broker�in�relation�to�placing�
each�order�or� instructing�the�Stock�Broker�in�relation�to�each�transaction�it�wishes�to�undertake�on�his/�its�behalf�through�the�Stock�Broker's�representatives�designated�for�this�purpose,�the�tele-trade� facility,� the�online-trading� facility,�or�at� the�various�branch�offices�of�the�Stock�Broker,�or�through�kiosks�installed�by�the�Stock�Broker�or�in�such�other�manner�as�may�be�acceptable�and�approved�by�the�Stock�Broker�from�time�to�time.
2.� n�the�event�of�an�authorized�representative�of�the�client�being�replaced�it�shall�be�the�responsibility�of�the�Client�to�inform�the�Stock�Broker�of�the�change,�in�writing,�failing�which�the�Client�shall�be�responsible�for�the�trade�obligations�arising�out�of�the�actions�of�the�old�representative�also.
3.� If� any� transaction(s)� with� the� Stock� Broker� has� /� have� been�executed�on�behalf�of�the�Client�and�the�same�has�/�have�been�reflected�from�time�to�time�on�the�basis�of�the�Contract�Notes�/�bills�/�any�other�correspondence�dispatched�/�communicated�to�the�Client,� the�client�shall�bring�to�the�notice�of�the�Stock�Broker,� the� discrepancies,� if� any,� within� the� time� period�specified�as�per�the�regulations.�
4.� As�a�precondition�for�the�execution�of�purchase,�subscription�or�sale�or�other�orders�which�involves�payment�of�Client's�funds�or�delivery�of�Client's�Securities,�the�Stock�Broker�may�in�its�sole�discretion.��(i)�Require�the�Client�to�instruct�the�Designated�Bank�or�the�Designated�DP�to�block�the�required�funds/securities�in�the�Bank�Account�or�Security�Account,�in�order�to�secure�the�payment�of�the�purchase�value�of�Securities�purchased�or�to�be�purchased�by�the�Client�or�other�amount�payable�by�the�Client�on� the� execution� of� the� order;� to� secure� delivery� of� any�Securities� sold,� or� proposed� to� be� sold� or� redeemed� by� the�Client.
5.� Should�a�Client�desire�to�engage�in�Intra-Day�Trading,�he/it�may�do�so�by�placing�orders�either�through�the�Stock�Broker's�Web�Site�or�designated�telephone�numbers�stipulated�by�the�Stock�Broker� from� time-to-time.�The� facility�will�be� subject� to� such�procedures�and�terms�and�conditions�as�the�Stock�Broker�may�stipulate�from�time�to�time�in�such�form�or�manner�or�through�such�medium�as�the�Stock�Broker�may�decide�at�its�discretion.�The� Client� hereby� specifically� acknowledges� that� Intra-Day�Trading�may�involve�square-off�of�transactions�executed�for�the�Client� before� the� closure� of� the�market� and� that,� the� Stock�Broker�reserves�the�right�to�square�off�the�trade�at�such�time�and�in�such�manner�as�it�deems�fit,�without�any�prior�confirmation�or�instruction�from�the�client�and�to�the�extent�permitted�by�the�Exchange�value�order��
6.�The�Stock�Broker�may�at�its�discretion,�be�entitled�to�offset�the�purchase�of�a�purchase�/�transaction�against�the�proceeds�of�the�sale�transaction�executed�by�the�Client�through�the�Stock�Broker�and�vice�versa.
7.�The�Client�is�aware�that�in�respect�of�transactions�undertaken�in�a�trade�for�trade�segment�of�the�Exchange,�no�netting�off�may�be�permitted� by� the� Exchange� even� if� the� transactions� are�undertaken�in�the�same�settlement�cycle.
8.� The� Client� shall� not� be� entitled� to� presume� that� any� order�transmitted�by�the�Client�has�been�received�by�the�Stock�Broker�until� the� Stock� Broker� has� confirmed� receipt� of� such� order.�However,� due� to� technical� or� other� factors,� a� transaction�order/request�which�has�been�received�by�the�Stock�Broker�may�not� be� immediately� confirmed� to� the� Client.� Such� delay� in�confirmation�shall�not�entitle� the�Client� to�presume� that� the�order� has� not� been� received� by� the� Stock� Broker� and� the�principle�mentioned� in� the� first� sentence�of� this� clause� shall�apply.
9.�The�Stock�Broker�shall�not�be�liable�for�non-execution�or�any�delay�in�the�execution�of�any�order�due�to�system�issues�or�due�to�any�reason� beyond� the� control� of� the� Stock� Broker� or� for� any�resultant�loss�on�account�of�the�delay.
10.�The�Client�agrees�that�the�Stock�Broker�may,�based�on�its�risk�perception,� subject� any� order/request� placed� by� a� Client� to�manual� review,� which� may� cause� delays� in� the� processing�and/or�execution�of�the�Client's�order�or�may�result�in�rejection�of� such� order.� The� Stock� Broker� shall� not� be� liable� for� any�consequences�thereof.
11.�The�Stock�Broker�shall�be�entitled�to�rely�upon,�any�instruction,�transaction� request/order�which� the�Stock�Broker�and/�or� its�affiliates�reasonably�believe�in�good�faith�to�be�given�by�and/or�on�behalf�of�the�Client.�The�Client�consents�to�the�recording�by�the�Stock�Broker�of�any�telephone�calls�to�the�Stock�Broker�in�order�to�provide�a�record�of�the�instruction,�request�or�order.�
12.�The�Client�understands� that�placing�an�order�with� the�Stock�Broker,�including�a�market�order,�does�not�guarantee�execution�of�the�order.
13.� The� Stock� Broker� is� entitled� in� its� sole� discretion� as� a� risk�containment�measure�to�allow�or�disallow�trading�by�the�client�in�certain�scripts�/�contracts�/�products�/�services�offered�by�the�
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Stock�Broker.�For�example�the�stock�broker�may�not�allow�the�client� to�place�buy/sell�orders� in� far�month�contracts,� illiquid�scrips/�contracts,�contracts�under�ban�period�etc.
14.�The�Client�is�responsible�for�knowing�the�current�and�correct�Security�ISIN�number�of�securities�in�which�he�transacts�and�the�Stock� Broker� or� its� affiliates� shall� not� be� responsible� for� any�resultant�or�associate�losses�in�the�event�of�the�Stock�Broker�or�its�affiliates�being�informed�by�the�Client�of�a�wrong�Security�ISIN�number�of�security�in�which�he�transacts�for�any�transaction�in�the�related�security.�
15.�In�respect�of�the�Future�derivatives�contracts�entered�into�by�the�Client,�the�Client�may,�from�time�to�time,�be�entitled�to�receive�amounts� representing�marked�to�market�profits�and�shall�be�liable�to�pay�amounts�representing�marked�to�market� losses.�The�Client�shall�forthwith�on�demand�by�the�Stock�Broker�pay�to�the�Stock�Broker�the�amounts�representing�marked���to�market�losses.��
16.� The� Client� agrees� that� orders,� instructions� and� other�communications�given�or�made�over� the� telephone�may�be�recorded�by�the�Stock�Broker.�The�Client�also�agrees�that�such�recording� and� the� Stock� Brokers'� records� of� any� orders,�instructions�and�communications�given�or�made�by�the�Client�or�the�Stock�Broker�by�electronic�mail,� fax�or�other�electronic�means�shall�be�admissible�as�evidence.� If�the�Stock�Broker�so�choose s � t o � r e co rd � t he � o rde r s , � i n s t r uc t i on s � and�communications,�he�shall�be� free� to�store� the�same� for�such�period� of� time� as� the� Stock� Broker� deems� fit� and� the� Stock�Broker�may�overwrite,� erase�or� destroy� such� records� at� such�intervals� as� it�may�deem�fit.�However,� the� Stock�Broker� shall�retain�the�relevant�records�till�such�period�as�the�Regulations�requires.�
17.�The�Client�is�aware�that�even�after�the�entry�of�the�order�of�the�Client�in�the�order-matching�module�of�the�Exchange,�it�is�not�guaranteed�that�the�order�will�be�executed.�Orders�may�remain�unexecuted� for� a� number� of� reasons,� including� without�limitation�the�availability�of�a�counter�party�willing�to�match�the�order.�Hence�orders�may�get�executed�after�substantial�delays.�The� Client� is� aware� that� under� the� present� systems� of� the�Exchange�an�unexecuted�order�is�automatically�cancelled�at�the�end�of�the�day�and�in�the�event�the�Client�desires�to�recast�the�orders�on�the�following�day�the�Client�shall�be�responsible�for�once�again�providing�such�order�to�the�Stock�Broker�and�in�the�absence�of�any�such�following�request,�the�order/request�shall�be�deemed�cancelled.�
18.�Stop� loss� or� book� profit� level� orders� will� need� to� be�communicated�to�the�Stock�Broker�by�the�Client�at�each�order�stage.� The� Client� understands� that� standing� instructions� for�stop�loss�or�book�profits�may�not�be�possible.
19.�The�Stock�broker�shall�display�terms�&�conditions�on�its�website.�The� client� will� be� bound� by� such� terms� &� conditions� if� he�transact�in�that�Product.��
15.�PURCHASE�OF�SECURITIES:1.�� For�execution�of�any�purchase�transaction,�the�Client�would�be�
required�to�have�sufficient�buying�limits�in�the�Bank�Account�and/or�the�trading�account�with�the�Stock�Broker�which�shall�be�blocked� at� the� time� of� processing� purchase� order.� In� the�absence�of�sufficient�buying�power�in�the�Client's�Account�any�purchase�order�placed�by�the�Client�through�the�Web�site�or�Tele�trading�facility�of�the�Stock�Broker�may�be�routed�through�the�terminal�of�the�Stock�Broker�only�upon�the�Client's�transfers�from�the�payment�gateway�of�the�Designated�Bank�to�the�Stock�Broker.
2.�� The�Client�will�be�allowed�to�map�or�associate�only�those�bank�accounts�where�he�is�the�holder�and�money�shall�be�accepted�
only� from� these� account� through� any� of� the� designated�gateways.
3.�� Each�request�or�order�shall�be�authenticated�by�the�Client�by�such�means�as�the�Stock�Broker�may�require�from�time�to�time�in�its�sole�discretion.�
4.�� The�Client�shall�be�responsible�for�all�his�orders,�including�any�orders,�which�exceed�the�available�limits�in�his�Account(s).�If�the�payment�is�not�received�for�the�transactions�executed�then�the�Stock�Broker�may�square�off�such�transaction(s),�after�making�a�reasonable�efforts�to�inform�the�client�about�such�short�fall.�In�the�event�of�the� liquidation�of�the�open�positions,� the�Client�shall�be�liable�for�any�resulting�losses�and�all�associated�costs�incurred�by�the�Stock�Broker.
16.��SALE�OF�SECURITIES:1.� For� execution� of� any� sale� transaction� under� cash� and� carry�
delivery� products,� the� Client� would� be� required� to� have�sufficient� securities� in� the� Securities� Account�with� the� Stock�Broker�or�the�Designated�DP,�which�shall�be�blocked�at�the�time�of�processing�sale�order.�
2.�� In�case�a�sale�order�is�placed�through�the�system,�the�securities�proposed�to�be�sold�may�be�blocked�in�the�Securities�Account/s�of� the� Client� and� shall� be� transferred� to� specified� Pool� /�beneficiary�account�of�the�Stock�Broker�before�the�scheduled�Exchange�settlement�date.�
3.� The�Client�will�be�allowed�to�associate/map�Securities�Accounts�of� the� Client� and� may� be� required� to� execute� a� Power� Of�Attorney� in� favour� of� a� Stock� Broker� or� Designated� DP� to�facilitate� seamless�Securities�pay-in�operations.� � The�delivery�shall� be� accepted� only� and� exclusively� from� this� Securities�Accounts�of�the�Client.
4.� The� Stock� Broker� may,� at� its� sole� discretion,� withdraw�permission�of�short�selling�if�any,�of�securities.�In�case�the�client�is�allowed�by�the�Stock�Broker�to�sell�securities�against�future�receivables,� then� client� shall� solely� be� responsible� for�consequences�of�Short�delivery,�if�any.�
5.� All� debits/charges,� including� but� not� restricted� to� auction�charges�stipulated�by�the�Stock�Broker�due�to�short�deliveries�made�by�the�Client�shall�be�fully�recoverable�by�the�Stock�Broker�from�the�Client.�
6.� If�the�securities�are�not�received�on�or�before�settlement�date�or�securities� received�are�not� in�deliverable� state�or�due� to�any�other�reason�whatsoever,�Client�is�not�able�to�deliver�securities,�the�securities�will�be�auctioned�or�closed�out�as�per�the�rules�of�the� concerned� Exchange� or� as� per� the� internal� closeout�procedure.�Consequently,�Client�will�be�responsible�for�any�43�resulting�losses�and�all�associated�costs�including�penalty�levied�by�the�Exchange.
7.� �In�case�the�Stock�Broker�is�unable�to�recover�any�amount�due�from�the�Client�from�the�Bank�Account�of�the�Client,�then�the��Client�agrees�to�pay�the�balance�amount�due�without�demur,�on�a�demand�being�made�by�the�Stock�Broker�in�that�respect.
8.� In�case�the�delivery�is�opted�for�by�the�Client,�the�same�shall�be�given,� subject� to� the� Client� providing� the� balance� funds� on�account�of�the�transaction�to�the�Stock�Broker's�account�in�time.
9.� In�case�of�a�Purchase,�the�Stock�Broker�shall�deliver�the�shares�to�the� Client� within� 24� hours� of� receipt� of� the� same� from� the�Exchange� and� further,� subject� to� the� full� payment� including�past�dues�being�received�from�the�Client.
10.�In�case�the�client�has�bought�stocks�under�T+2�category,�it�will�be�necessary�for�the�client�to�convert�the�positions�into�delivery�or� square� off� before� the� cut� off� time� on� T+2,� otherwise� the�positions�will�be�squared�off�by�the�Stock�Broker.
17.�SETTLEMENT:�
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1.� The�Stock�Broker's�obligation�to�settle�any�transaction(s)�or�act�on�any� requests/orders� is� conditional�upon� the�Stock�Broker�having�on�or�before�the�execution�date�and/or�on�due�date�for�settlement,�and/or�as�and�when�due�to�or�demanded�by�the�Stock�Broker,�all�proper�documentation�and�relevant�Securities�and/or� funds� in� the� Securities� Account� and/or� the� Bank�Account,� as� the� case� may� be,� necessary� to� complete� the�transaction�concerned�or�to�act�upon�that�request.�The�Client�agrees�to�pay�all�amounts�/�funds�/�provide�Securities�in�respect�of�any�transaction�as�they�become�due�regardless�of�any�right�to�set�off�or�counterclaim�and�without�withholding�or�deduction�for� any� taxes� of� whatever� nature,� unless� expressly� required�including�without�limitation,�by�applicable�Exchange�rules�and�regulations,�laws,�government�authorities,�courts,�statutes,�Bye-laws�and�Regulations�as�amended�from�time�to�time.�All�such�amounts/funds/�Securities�shall�be�free�from�any�encumbrance�or�charges�and�the�Client�has�a�valid�title�on�the�same.
2.� In� relation� to� each� order� /� request,� the� Stock� Broker�may� in�accordance� with� a� power� of� attorney� granted� to� the� Stock�Broker�by�the�Client�instruct�the�Designated�Bank�and�/�or�the�Designated�DP�to,�earmark�such�cash�and�/�or�Securities�in�the�Client's� Bank� Account� or� Securities� Account� (as� relevant)� to�cover:� �(i)�The�Client's�order�/�request�(ii)�Any�costs,�taxes,�levies�or� fees� required� in� order� to� act� on� such� request/order/or�consequent� to� such� request/order;� (iii)� Such� amount� as� the�Stock�Broker�considers�necessary�in�its�sole�discretion�to�cover�any�price�fluctuation�in�the��Securities�that�are�the�subject�of�the�order�executed�including�all�types�of�margin;�and�(iv)�All�such�other�amounts�in�relation�to�each�order/request�executed.�The�Client� also� confirms� that� the�Client� shall� further� instruct� and�authorize� the� Designated� Bank/Designated� DP� to� process,�honour�the�required�payment/transfer�instruction
3.� Any�Securities�purchased�pursuant�to�a�request�or�order�shall�be�credited� to� the� Securities� Account� within� one� working� day�upon�receipt�and�to�the�extent�received�from�the�Exchange�/�clearing�house.
4.� Any�obligation�of�the�Stock�Broker�to�deliver�cash�or�Securities�to� the�Client� shall� be� conditional� upon� receipt� by� the� Stock�Broker� of� the� sale� proceeds� or� deliverable� Securities,� as�applicable,�from�the�Exchange.
5.� In�case�where�a�request/order�is�for�any�reason�not�executed�or�is�partially�executed,�the�Client�authorizes�the�Stock�Broker�to�instruct� the� Designated� Bank� and/or� the� Designated� DP� to�release�the�earmarking� in� favour�of�client� that�portion�of� the�transaction�amount�that�relates�to�the�request/order�that�has�not�been�executed.
6.� The�proceeds�of�all�sales�of�Securities�pursuant�to�any�order�or�request� will� be� credited� to� the� Bank� Account� directly� upon�receipt�from�the�relevant�Exchange�/clearing�house�and�to�the�extent� received� and� subject� to� such� deductions� or�withholdings,� to� which� the� Stock� Broker� is� entitled� or� as� is�required�under�the�Applicable�Laws.
7.� Shortages:�It�is�agreed�that�in�case�of�purchase�of�Securities�by�the�Client,�if�the�Stock�Broker�is�unable�to�deliver�the�Securities�on�the�pay-out�day�due�to�non-receipt�of�the�securities�from�the�Exchange(s)�the�Stock�Broker�shall�not�be�liable�to�the�Client�for�such� non-delivery� and� the� procedure� specified� by� the�Exchange�in�this�regard�shall�be�followed.��In�the�event�that,�due�to�non-receipt�of�the�said�Securities�from�another�Client�of�the�Stock� Broker� who� has� sold� the� Securities� against� the� said�purchase� transaction,� the� Securities� or� funds� equivalent� to,�derived�from�the�higher�of�(a)�20%�above�the�closing�price�of�the�auction�date�in�the�normal�market�of�the�exchange�or�(b)�the�highest� trade�price�between� the� trade�date�and� the�auction�date.�The�defaulting�client�on�sell�side�will�be�debited�by�the�
amount�equivalent�to�the�quantity�short�delivered�multiplied�by�the�valuation�price.�The�client�on�the�buy�side�will�be�credited�by�the�same�amount�debited�to�defaulting�client�on�sell�date�as�computed�above.
18.�CLOSE�OUT:1.� In�case�of�purchase�on�behalf�of�Client,�notwithstanding� the�
margin�position,� the�Client�authorizes� the�Stock�Broker�at� its�discretion�to�close�out�the�transactions�by�selling�the�securities�in�case�the�Client�fails�to�make�full�payment�to�the�Stock��Broker�for� the� execution� of� the� contract� within� two� days� of� trade�execution� or� before� pay-in-day� (as� may� be� fixed� by� stock�exchange� for� the� concerned� settlement� period),� unless� the�Client�already�has�an�equivalent�credit�with�the�Stock�Broker.�The�loss�incurred�in�this�regard,�if�any,�will�be�to�the�account�of�the�Client�and�may�be�met�from�the�margin�money�of�the�Client.�The�Client�agrees�to�make�good�the�shortfall,�if�any,�immediately�on�being�intimated�of�the�shortfall�by�the�Stock�Broker�without�any�demur�or�protest.
2.� In�case�of�a�sale�on�behalf�of�the�Client,�notwithstanding�the�margin�position,�if�the�Client�fails�to�deliver�the�securities�sold�with�valid� transfer�documents�on�the�next�day�or�before� the�pay-in�date�of� the� trade�execution�or�before�delivery�day� (as�fixed� by� Exchange� authorities� for� concerned� settlement�period),�the�position�may�go�for�exchange�auction�or�the�Stock�Broker� may� close� out� the� transactions� in� case� of� internal�shortage.�The�cost�of�such�transaction�(i.e.,�close�out),�shall�be�deductible�from�the�margin�money�of�the�Client�and�the�Client�agrees�to�make�good�the�shortfall�if�any,�immediately�on�being�intimated�of�the�shortfall�by�the�Stock�Broker.�The�loss�on�any�such�transaction,�if�any,�will�be�to�the�account�of�the�Client.�In�case�of�debit�balance�in�the�client�account.
3.� The�Client�authorizes�the�Stock�Broker�to�buy,�sell�or�close�out�all�or� any� part� of� the� derivative� contracts� held� in� the� Client's�accounts�as�the�Stock�Broker�may�deem�necessary�as�part�of�its�risk�containment�measures�at� its�sole�discretion.� �Any�and�all�such� expenses� incurred� by� the� Stock� Broker� shall� be� to� the�account� of� the� Client� and� shall� be� reimbursed� to� the� Stock�Broker.
4.� Notwithstanding� anything� to� the� contrary� stated� in� this�Document,� the�Client� acknowledges� that� all� intra-day� trades�shall�be�closed�out�by�the�Stock�Broker�on�the�same�day�and�at�such� time� as� decided� by� the� Stock� Broker� without� prior�instructions�from�the�Client.
19.�FAILURE�TO�TAKE�DELIVERY,� INADVERTENT�PROCESSING�AND�ERRORS:
1.� In� the� event� of� an� order� or� request� being� annulled� by� any�Exchange,�the�Stock�Broker�shall�have�the�right�to�cancel�related�order(s)/requests�placed�by�the�Client.
2.� If�a�transaction�requested�or�ordered�is�inadvertently�processed,�in� spite� of� insufficient� balances� in� the� Trading� Account� or�Securities� Account,� the� Stock� Broker� shall� have� the� sole�discretion�to�square�off�or�liquidate�such�a�transaction�and�any�losses�incurred�by�the�Stock�Broker�pursuant�thereto�shall�be�to�the�account�of�the�Client.
3.� If,�due�to�a�merger,�demerger,�amalgamation,�reorganization�or�other�corporate�action�or�book-keeping�or�data�entry�error,�the�Client�sells�more�Securities�than�he�actually�owns�or�different�Securities� from�what�he�owns,� the� Stock�Broker� shall� not�be�responsible�for�any�losses�that�the�Client�may�incur�by�reason�thereof.� �It�shall�be�the�responsibility�of�the�Client�to�keep�itself�fully� informed�of�any�such�merger,�demerger,�amalgamation,�reorganization�or�other�corporate�actions.
4.� The�Client� is� aware�of� and�acknowledges� that� the�electronic�
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trading�systems�either�at�the�Exchange�or�in�the�Stock�Broker's�offices�may�be�vulnerable�to�temporary�disruptions�or�failures.�At� times,� due� to� unforeseen� circumstances� the� Stock� Broker�may�not�be�able�to�execute�the�desired�transactions�(either�the�Client's� own� transactions� or� square� off� transactions� for�enforcing�margins�as�provided� in�this�Document�on�a�timely�basis).�The�Stock�Broker�does�not�accept�responsibility�for�any�losses�that�the�Client�may�incur�on�such�eventualities�beyond�the�control�of�the�Stock�Broker.�
5.� The�Stock�Broker�reserves�the�right�to�reject�any�order�based�on�its�risk�perceptions.
20.�CANCELLATION�/�MODIFICATION�OF�ORDERS:�1.� When�the�Client�places�a�request�to�cancel/modify�an�order�/�
transaction,� the� cancellation/modification� of� that� order� /�transaction�is�not�guaranteed.�The�order�/�transaction�request�may� be� cancelled� /� modified� if� the� Client's� request� for�cancellation� /� modification� of� his/� her� order� /� transaction�request� is� received� and� the� order� /� transaction� request� is�successfully�cancelled�before�it�is�executed.�The�same�shall�be�subject�to�(i)�The�request/order�not�having�been�acted�upon�or�executed�by�the�Stock�Broker�and/or�the�Exchange�and/or�the�Stock�Broker�and/or�the�Designated�DP,�as�the�case�may�be;�(ii)�The�Stock�Broker�and/or�the�Exchange�and/or�the�Designated�DP,� as� the� case� may� be,� being� able� to� make� or� allow� any�cancellation�or�modification�to�such�order�/�transaction;�and�(iii)�The�Stock�broker�communicating�a�statement�to�the�Client�to�the�effect�that�it�accepts�such�cancellation�or�modification.
2.� No�order�/�transaction�request�shall�be�assumed�to�be�executed�/�cancelled�/�modified�until�a�transaction�confirmation�from�the�Stock�Broker�is�received�by�the�Client�via�the�trading�screen�or�telephone�or�any�other�mode.�
3.� Notwithstanding� anything� contained� in� this� Document,� any�orders� not� executed� at� the� end� of� Trading� Hours�will� stand�cancelled.�
4.� The�Exchange�concerned�may�cancel�/�annul�a�trade�suo-moto�without� giving� a� reason� thereof.� In� the� event� of� such�cancellation,�the�Stock�Broker�shall�be�entitled�to�cancel�relative�contract(s)�with�the�Client.
5.� The�order�once�executed�cannot�be�modified�for�whatsoever�reason.
21.�CONFIRMATION:1.� Online�trade�confirmation,�order�cancellation�confirmation�will�
be� made� available� to� the� Client� on� the� system� upon�execution/cancellation�of�his�order�on�the�market�or�of�an�order�placed� by� him� through� the� Stock� Broker's� Internet� trading�system/�Securities�Trading�through�use�of�Wireless�Technology�(STWT)/�Call�&�Trade/�branches.� It� is� the� responsibility�of� the�Client� to� review�upon�first� receipt�whether�delivered� to�him�online,�in�the�mail,�SMS,�web�posting,�by�electronic�mail�or�other�electronic�means.�The�Stock�Broker�shall� issue�to�the�Client�a�Contract�Note�for�purchase/sale�of�securities�at�the�designated�correspondence�address�and/or�e-mail�address�provided�by�the�Client� as� per� client's� request.� The� aforesaid� information�regarding�order�and�trade�confirmation�shall�be�provided�on�the�device�of�the�client�in�case�of�STWT.
2.� In�the�event�any�trade�confirmations,�Statements�or�Contract�Notes� or� any� other� Client� communications� are� sent�electronically,�proper�electronic� log�will�be�generated�by�the�Stock� Broker's� System.� In� case� the� trade� confirmations,�statements � or � Contract � Notes� or � any� other � Cl ient�communications�are�dispatched�physically,�then�the�proof�of�dispatch�issued�by�the�courier�company�shall�constitute�a�proof�of�delivery�of�the�above.�
3.� Unless�specifically�mandated�to�the�contrary�under�Applicable�Laws , � the � S tock � Broker � sha l l � be � ent i t led � to � send�communications� via� electronic� modes� of� communications.�However,�with�respect�to�Contract�notes�the�same�shall�be�sent�in�electronic�mode�digitally�signed,�only�if�specifically�agreed�by�the�client.�Further�with�respect�to�electronic�communications,�dispatch� and� receipt� of� the� same,� shall� be� governed� by� the�provisions�of�the�Information�Technology�Act,2000.
4� Further,� all� non-statutory� required� communications� may� be�posted�on�the�Stock�Broker's�Web�Site.
5.� The�Client� understands� that� it� is� his� responsibility� to� review,�upon�first�receipt�whether�delivered�to�the�Client�by�mail,�e-mail�or� other� electronic� means,� all� trade� confirmations,� failure�notifications,� Contract� Notes� (where� electronic� mode� was�agreed� to),� statements,� notices,� contracts,� bills� and� other�communications.��
6.� Unless� the�Client� informs� the� Stock� Broker� of� the� change�of�address� for� communication� in� writing,� all� notices,� Circulars,�communications�or�mail�shall�be�sent�to�the�address�last�known�to�the�Stock�Broker.�
22.�DELAYED�REPORTING�OF�TRANSACTIONS:1.� �The�Client�acknowledges�that�where�trades�or�transactions�are�
reported�late�to�the�Stock�Broker�on�account�of�any�problems�at�the�Exchange�or�for�whatsoever�reason,�the�Stock�Broker�in�turn�will�be�late�in�reporting�of�transactions�to�the�Client.
23.�MARKET�DATA:1.� The�Client�understands�that�the�Stock�Broker,�the�Exchange�as�
well�as�any�other�supplier�of�data�assert�a�proprietary�interest�in�all�of�the�market�data�furnished,�whether�directly�or�through�the�Stock� Broker� or� otherwise.� � The� Client� understands� that� the�Stock� Broker/Exchange� does� not� guarantee� the� timeliness,�sequence,� accuracy� or� completeness� of� market� data� or� any�other�market�information,�or�any�messages�disseminated�by�it.�The�Stock�Broker/Exchange�shall�not�be� liable� in�any�way�for�incorrect,� misleading,� incomplete� or� delayed� data� or�information�and,�if�the�Client�acts�on�the�basis�of�the�same,�he�shall�do�so�at�his�own�risk�and�cost.
2.� The�Client�shall�not�furnish�market�information�provided�by�the�Stock�Broker�to�any�other�person�or�entity�for�consideration�or�otherwise�and�in�the�event�the�Client�uses�such�information�he�shall�do�so�at�his�own�risk�and�cost.
3.� The�Client� is�not�authorized�to�resell�or�permit�access� to�any�materials�made�available�by�the�Stock�Broker�or�to�make�copies�of�such�materials�for�sale�or�supply�to�or�use�by�other�persons.�The� Client� will� not� delete� copyright� or� other� intellectual�property�rights�notices�from�any�such�material.�
24.�INABILITY�TO�RECEIVE/�TRANSFER�SECURITIES:In�the�event�of�death�or�insolvency�of�the�Client�or�his�otherwise�becoming� incapable� of� receiving� or� paying� for� or� delivering� or�transferring� securities,� the�Stock�Broker�may� close�out� the�open�transactions�of�the�Client�and�the�Client�or�his�legal�representatives�shall�be�liable�for�any�losses,�costs�and�be�entitled�to�any�surplus�which�may�result�thereof.
25.�RESTRICTIONS�ON�TRADING:1.� The�Client�understands�and�agrees�that�the�Stock�Broker�may�at�
any�time,�at�its�sole�discretion�and�without�prior�notice,�as�a�risk�containment�or�surveillance�measure�prohibit�or�restrict�his/its�ability�to�trade�in�Securities�through�the�Stock�Broker.
2.� All� orders� placed�by� the�Client�with� the� Stock� Broker� to� the�extent�that�they�relate�to�Securities�which�are�required�to�be�traded�compulsorily�in�the�dematerialized�form�shall�only�be�for�
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dematerialized�securities.�The�Stock�Broker�reserves�the�right�to�refuse�to�undertake�any�dealings�in�physical�shares/Securities.�The�Client�shall�convert�the�physical�shares�/�Securities�into�the�dematerialized� form� before� undertaking� any� transaction�relating�to�them�through�the�Stock�Broker.� �The�Client�is�also�aware�that�even�if�the�Client�requires�any�delivery�of�Securities�in�the�physical�form,�all�deliveries�of�Securities�made�to�the�Client�may�only�be�in�the�dematerialized�form.� �If�due�to�any�reason,�the�Stock�Broker�accepts�orders� for� �46�physical�delivery,� the�same�shall�be�subject�to�Applicable�Laws,�rules�and�regulations�and�such�other�processes�and�controls�stipulated�by�the�Stock�Broker.
26� BROKERAGE�COMMISSIONS�AND�FEES:1.� The� Client� agrees� to� pay� the� Stock� Broker� brokerage,� SEBI�
turnover�fees,�service�tax�and�other�taxes,�transaction�charges��and�fees�as�they�exist�from�time�to�time�and�as�they�apply�to�his�Trading� account,� on� the� transactions� and� services� that� he�receives�from�the�Stock�Broker.�The�Brokerage�and�commission�charges�as�may�be�applicable�shall�be�communicated�by�the�Stock� Broker� to� the� Client� either� individually� by� email� or� by�posting�the�charges�on�its�website�from�time�to�time�and�shall�apply�depending�upon�the�facilities�availed�by�Client.
2.� A�schedule�of�brokerage,�applicable�service�and�other�taxes�and�other� transaction�expenses� shall�be�provided�by� the�Trading�Member�to�the�Client�from�time�to�time�upon�request�by�the�Client.
3.� The�Brokerage�shall�be�paid� in� the�manner� intimated�by� the�Stock� Broker� to� the� Client� from� time� to� time,� including� as� a�percentage�of�the�value�of�the�trade�or�as�a�flat�fee�or�otherwise,�together�with�the�service�tax�as�may�be�applicable�from�time�to�time�on�the�same.�
4� The�Client�hereby�agrees� to�pay�all� costs,� charges,�expenses,�damages,� losses�and�other�outgoings�incurred�or�suffered�by�the� Stock� Broker� as� a� result� of� the�Client's� default,� including�without�limitation,�all�legal�costs�and�expenses�incurred�by�the�Stock�Broker.�
5.� The� Client� agrees� to� pay� the� stamp� duty� payable� on� any�instruments� relating� to� any� transaction� executed� including�without�limitation�any�stamp�duty�payable�on�Contract�Notes�issued.�Without�prejudice�to�the�generality�of�the�above�clause,�the�Client�also�agrees�to�pay�any�and�all�additional�stamp�duty�payable�if�Contract�Notes�issued�for�any�transaction�executed�is�received�the�Client� in�any�other�state�other�than�the�state�of�Maharashtra.�
6� In�respect�of�any�monies�payable�and�without�prejudice�to�the�absolute�obligation�of�the�Client�to�make�payment�of�monies�forthwith�upon�demand,�the�Client�shall�be�liable�to�pay�interest�/�delayed�payment�charges�at�such�a�rate�as�may�be�determined�and�notified�by� the�Stock�Broker� from�time� to� time�accruing�from�the�date�of�on�which�the�same�falls�due�till�the�actual�date�of�receipt�of�such�monies�by�the�Stock�Broker.
7.� All�payments�to�the�Stock�Broker�shall�be�made�clear�and�free�of�withholding�and�deduction,�in�Indian�Rupees,�in�immediately�available�and�freely�transferable�funds�for�same�day�settlement�in�Mumbai.
8.� Without�prejudice�to�the�absolute�obligation�of�the�Client�to�pay/reimburse�monies�to�the�Stock�Broker�as�set-out�above,�the�Stock�Broker�shall�also�be�entitled�to�set-off�and�appropriate�any�monies� that�may�be�placed�with�or� available�with� the�Stock�Broker�for�and/or�on�behalf�of�the�Client�towards�any�dues�of�the�Client�to�the�Stock�Broker,�arising�howsoever.
27.�LIEN,�NETTING�AND�SET-OFF:1.� Without�prejudice�to�the�Stock�Broker's�other�rights,�the�Stock�
Broker�shall�be�entitled�to�liquidate�/�close�out�all�or�any�of��the�Client's'�positions�for�non-payment�of�Margin�or�other�amounts,�outstanding� debts,� etc.,� and� adjust� the� proceeds� of� such�liquidation/close� out,� if� any,� against� the� Client's� liabilities� /�obligations.�Any�and�all�losses�on�account�of�such�liquidation/�closing-out�shall�be�charged�to�and�borne�by�the�Client.
2.� All�the�Securities�in�the�Securities�Account�and�all�monies�in�the�Trading� Account� or� lying� with� the� Stock� Broker� or� in� its�possession�or�control,� for�any�purpose,� for� the�benefit�of� the�Client,�shall�be�subject�to�a�lien�in�favour�of�the�Stock�Broker�for�the� discharge� of� all� the� indebtedness� of� the� Client� and� the�Client's�other�obligations�to�the�Stock�Broker,�and�are�held�by�the�Stock�Broker�as�continuing�security�for�the�payment�of�any�liability� or� indebtedness� of� the� Client� to� the� Stock� Broker.�Without�Stock�Broker's�prior�written�consent,�the�Client�will�not�cause�or�allow�any�of�such�Securities�or�monies�to�be�or�become�subject�to�any� liens,� interest,�mortgages�or�encumbrances�of�any�nature�other�than�in�favour�of�the�Stock�Broker.�
3.� The�Stock�Broker�may�in�accordance�with�the�power�of�attorney�granted,� if�any,� to� the�Stock�Broker�by�the�Client� instruct� the�Bank�and/or�the�Depository�Participant�to�transfer�the�Securities�and�other�property�so�held�from�the�Client's�accounts�in�any�of�the�following�circumstances�or�circumstances�similar�thereto:��(i)�The�Client�commits�a�material�breach.�(ii)�The�Client�fails�to�pay�any�moneys�due�and�payable�within�24�(twenty�four)�hours�or�within�such�time�of�demand�by�the��Stock�Broker�as�may�be�determined�by�the�Stock�Broker;� (iii)� �Bankruptcy,� insolvency,�winding�up,�liquidation�or�cessation�of�business�of�the�Client;�(iv)�An�insolvency�petition�is�filed�against�the�Client;�(v)�Where,�in�the� judgment�of� the�Stock�Broker,� it� is� considered� that� such�transfer�is�necessary�for�the�protection�of�the�Stock�Broker�as�a�risk�containment�and�surveillance�measure.
4.� The�Stock�Broker�shall�have�the�right�at� its�sole�discretion,�to�determine�which�Securities�and�properties�are�to�be�sold�and�which�contracts�or�positions�are�to�be�closed�out�and�the�order�and�stock�exchange�in�which�they�are�to�be�sold�or�closed�out.�The�lien�created�hereunder�will�remain�in�full�force�and�effect�by�way�of�continuing�security�and�will�not�be�affected�in�any�way�by�any�settlement�of�account�or�other�matter.�The�Stock�Broker�shall�be�entitled�to�recover�from�the�Client�any�47�costs�incurred�in�enforcing�the�lien.�The�Stock�Broker�shall�not�be�liable�as�a�result�of�taking�or�refraining�from�taking�any�action�in�good�faith�in�the�circumstances�contemplated�by�this�clause.
28.�ACCOUNTS�STATEMENT:1.� It� is� the� responsibility� of� the� Client� to� review� upon� receipt,�
whether�delivered�electronically� or� in�hard� copy,� all� account�statements/ledgers.�
2.� Notices�and�other�communications,�including,�but�not�limited�to,�margin�and�maintenance�calls,�shall�be�delivered�or�mailed�to�mailing�address�or�the�electronic�mail�address�or�by�way�of�a�Short�Message�Service�(SMS)�to�the�mobile�number�provided�by�the�Client.�
29.��TRANSACTIONS�IN�CASH�AND�DERIVATIVE�SEGMENT:1� In� case� of � the� Cl ient� undertaking� the� transactions�
simultaneously�in�cash�and�derivative�segments.��(i)�The�shares�received�from�the�Exchange�in�the�pay�out�of�cash�segment�may�at� the� discretion� of� the� Stock� Broker� be� considered� for� the�Clients�derivatives�margin�account�to�be�utilized�as�margin�for�the�derivatives�transactions�that�the�client�may�undertake.� �(ii)�The�Stock�Broker�may� transfer�such�shares�purchased�by� the�Client�in�the�Cash�Segment�towards�margin�requirements�for�Clients�derivative�transactions�as�the�Stock�Broker�may�deem�fit�or� � � expedient.� The� funds�or� securities�once�blocked�on� the�
35
instructions�of�the�Client�or�the�Stock�Broker�in�connection�with�a�transaction�entered�into�or�to�be�entered�into�by�the�Client�with�or�through�the�Stock�Broker�shall�be�released�only�with�the�express�written�consent�of�the�Stock�Broker�to�the�Designated�Bank�or� the�Designated�DP.� The�Client�understands� that� the�release�of�the�shares�deposited�as�margin�and�the�transfer�of�the�same�back�to�the�Clients�designated�Securities�Account�would�take�up�to�three�working�days.�
2.� The�Client�further�agrees�not�to�hold�Stock�Broker�responsible�for�the�delay�in�transfer�of�securities�and�funds�that�may�occur�due�to�the�reasons�beyond�the�reasonable�control�of�the�Stock�Broker.�
30.�TELEPHONE�RECORDING
The� Client� is� aware� that� the� Stock� Broker� may� record� the�conversations� between� the� Client� or� its� representative� and� the�Stock�Broker,�either�personally�or�over�the�telephone,�and�the�Client�hereby�gives�his�consent�to�the�Stock�Broker�to�do�so.�The�Stock�Broker�may� rely�upon� such� recordings�as�and�when� required� to�resolve�disputes�in�connection�with�the�trading�transactions�or�for�any�other�purpose�whatsoever.
31.�CONFLICT�OF�INTEREST:1.� The�Client�agrees�that�the�Stock�Broker�is�entitled�to�enter�into�
any�transaction�with�or�for�the�Client�or�provide�any�service�to�the�Client�notwithstanding�that�it�and/or�any�affiliates�may�have�a� material� interest� in� the� transaction� or� any� resulting�transactions�or�a�relationship�which�gives�rise�to�a�conflict�of�interest.
2.� In� relation� to� investments� in�which� the�Client� is�dealing,� the�Stock�Broker�or�any�of�its�affiliates�may:�(i)�Act�as�adviser�to�other�Clients� on� the� same� investments� as� part� of� its� provision� of�broking,�or�other�services;� � (ii)�Act�as�principal�adviser� to� the�issuer;� �(iii)�Have�a�holding,�dealing�(including�as�principal)�or�market� making� position� or;� (iv)� Under� write� or� otherwise�participate�in�the�issue�of�such�investments.�
32.�LIMITATION�OF�LIABILITY:1.� Neither�the�Stock�Broker,�nor�any�of�the�affiliates�of�the�Stock�
Broker� nor� their� respective� directors,� officers,� employees,�agents�shall� in�any�circumstances�be� liable� for�any� loss,�cost,�liability,� expense�or� damage� (including�without� limitation� all�legal�fees�and�expenses)�arising�from:��(i)�Any�act�or�omission�in�the� course� of� or� relating� to� the� activities� described� in� this�Document;�(ii)�Any�act�or�omission�of�any�agent�or�third�party�including� employees� or� directors� of� the� Stock� Broker� who�perform�services;�(iii)�Any�use�of�or�inability�of�the�Client�to�avail�of� the� services� for� any� reason� whatsoever;� � (iv)� Any� non-execution� of� any� order� or� request� due� to� any� suspension,�interruption,�non-availability�or�malfunctioning�of�the�relevant�Stock�broker's�system(s)�or�service�or�the�Exchange�system(s)�or�service(s)� for� any� reasons� whatsoever;� (v)� Any� failure,�interruption� error,� omission�or� delay� in�performance�of� their�obligations� or� in� the� transmission/delivery� of� information�resulting� from�acts,� events�or� circumstances�not�within� their�reasonable� control� including� but� not� limited� to�war,� acts� of�terrorism,�civil�disorder,� industrial�disputes,�natural�calamities,�floods,�fire�and�other�natural�disasters,�legal�restraints,�faults�in�the�telecommunication�network�or�internet�or�network�failure,�software� or� hardware� malfunctioning;� (vi)� Incomplete�/incorrect�data�or�information�provided�to�the�Stock�Broker�over�the� phone/internet� or� any� other� medium;� (vii)� Inadvertent�failure�to�execute�order(s)/request(s)�placed�by�the�Client;�(viii)A�third�party�placing�a�request(s)�or�order(s)�pursuant�to�a�breach�
in�security�of�the�confidentiality�of�the�Client-ID�and/or�other�personal�identification�details�by�the�Client;�(ix)any�variation�or�reduction�of�exposure�or�turnover� limits�by�the�Stock�Broker.�(x)Non� execution� of� any� order� or� request,�which� in� the� sole�opinion�of�the�Stock�Broker�amounts�to�manipulative�and/or�price�manipulation� and/or� artificial� trades� and� or� fraudulent�trades�and/or�for�any�other�breach�of�Applicable�Laws�or�the�Stock� Broker's� internal� policies.� (xi)Any� error,� omission,�misrepresentation,�none�or�inadequate�disclosure�in�any�report�or�other�communication,�prepared�by�the�Stock�Broker�based�on� information� obtained� from� public� domain� or� any� other�sources�believed�by� the�Broker� to�be� true� and�accurate;� (xii)�Unauthorized�use�of�signatures�of�the�Client�by�a�third�party;�(xiii)� Investments�pursuant� to� any� advice�or� research� reports�given�by�the�Stock�Broker;�(xiv)�Any�defects�or�imperfections�or�mechanical� or� other� failure� in� relation� to� computer� system,�cable,�telex,�telephone�postal�system�or�any�other�technological�failures� or� defects;� (xv)� Any� suspension,� interruption,� non-availability� or� malfunctioning� of� the� relevant� technology,�systems�and�processes� �Any� reasons�whatsoever�which�may�result� in,� inter� alia,� non-execution� of� orders� or� any� other�instructions;� (xvi)� any� circumstances� beyond� reasonable�control�of�the�Stock�Broker�or�(xvii)�Any�Force�Majeure�Event.�Not� withstanding� anything� to� the� contrary� stated� in� the�Document� or� otherwise,� the� Client� shall,� before� placing� any�orders� requests� through� the�Stock�Broker,� keep�himself/itself�updated� of� any� restrictions� imposed� by� any� authority� and�immediately�intimate�the�Stock�Broker�about�such�restrictions�before�placing�such�order�or�request.��If�the�Stock�inadvertently�executes�an�order�or�request�in�breach�of�any�restrictions,�which�was�not�intimated�by�the�Client�to�the�Broker�prior�to�execution�of� such� order� or� request,� then� all� ensuing� costs,� damages,�penalties,� fees� or� other� losses,� out� of� such� trade/transaction�shall�be�entirely�borne�by�the�Client.� �No�event�shall�the�Stock�Broker,�any�affiliates�of�the�Stock�Broker�or�any�of�their�respective�directors,�officers,�employees�agents�be�liable�for�any�indirect,�incidental,� special,� consequential� losses� or� damages,�howsoever�arising.�The�Client�shall�at�all�times�continue�to�be�responsible�for�any�request�or�order�placed.�The�Client�affirms�that�the�Client�makes�all�trading�decisions�with�reliance�on�its�own�judgment�and�the�Stock�Broker�does�not�owe�the�Client�any�duty�to�provide�advice�on�the�merits�or�suitability�of�any�investment/order/request.� Any� trading� recommendations� or�market� related� or� other� information� communicated� to� the�Client�is�incidental�to�the�provision�of�the�services�by�the�Stock�Broker�to�the�Client.�The�Stock�Broker�gives�no�representation,�warranty�or�guarantee�as�to�the�accuracy�or�completeness�of�such� information.� Without� limiting� the� generality� of� the�foregoing,�the�Stock�Broker�will�not�provide�the�Client�with�any�tax�or�legal�advice�of�any�kind�and�the�Client�will�be�responsible�for�obtaining�its�own�advice�from�its�advisors.
6.� In� the� event� the� Client� receives� or� accesses� any� investment�research� reports,� computerized� on-line� services� or� any�investment� or� other� recommendations� or� advice� from� the�Stock�Broker�or�any�affiliates�of�the�Stock�Broker,�the�same�is�on�a�no-liability,�no-guarantee�and�no-obligation�basis.
7.� The�Client�acknowledges�that�the�Stock�Broker�may�from�time�to�time�allow�the�Client�or�his�authorized�representative�to�place�orders/instructions� for� services� pertaining� to� Stock� Broking�through� the� Stock� Broker's� Website,� telephonically,� through�electronic�mode�and�/�or�facsimile�transmissions�and�in�such�other�manner�as�may�be�permitted�under�Applicable�Laws�and�acceptable� to� the� Stock� Broker.� The� Client� declares� and�confirms�that�the�Client�has,�for�the�Client's�convenience�and�after�being�fully�aware�of,�and�having�duly�considered�the�risks�
36
involved�inter�alia�for�routing�orders�over�the�telephone�or�the�Stock� Broker 's � Website/System,� e-mail � or � facsimile�transmissions�including�the�risk�of�misuse�and�unauthorised�use�of��is/its�Client�ID�and/or�Username�and�the�Password�by�a�third�party�and�the�risk�of�a�person�hacking�into�the�Client's�Account�on� the� Stock� Broker's� Website/System� (which� risks� shall� be�borne�fully�by�the�Client)�requested�and�authorised�the�Stock�Broker� to� rely� upon� and� act� on� such� instructions.� The�Client�agrees�that�he/it�shall�be�fully�liable�and�responsible�for�any�and�all�unauthorised�use�and�misuse�of�his/its�Username/Client�user�identification�number�and� the�password.�The�Client� is�aware�that� the� Stock� Broker� is� agreeable� to� offer� the� Facility� of�transmitting�the�orders�and�instructions�over�the�Stock�Broker's�Website/System�only�if�the�Stock�Broker�is�not�required�to�bear�and�only�if�the�Client�agrees�to�bear,�the�risk�responsibility�and�liability�of�such�misuse�or�unauthorised�use.�The�Client�further�declares�and�confirms�that�the�Client� is�aware�that�the�Stock�Broker�is�agreeing�to�act�on�the�basis�of�/only�by�reason�of,�and�relying�upon,�the�Client�indemnifying�the�Stock�Broker�and�that�the� Stock� Broker� would� not� have� done� so� in� the� absence�thereof.�
33.�INDEMNITIES:1.� The� Client� agrees� to� and� shall� indemnify� and� hold� harmless�
each�of�the�Stock�Broker,�its�affiliates�and�any�of�their�directors,�officers,�employees�and�agents�(each,�an�“indemnified�person”)�against�all�costs�(including�legal�costs�and�lawyers'�fees),�direct�or�indirect�losses,�expenses,�damages,�liabilities,�penalties,�fines�and�the�like,�which�are�directly�or�indirectly�suffered/incurred�by�the�Stock�Broker�and/or�any�of�the�indemnified�persons�due�to:�(a ) � Breach� of � representat ions � and� warrant ies ; � (b )�Misrepresentation�or�any�of�the�representations�and�warranties�becoming� untrue� ©� Client's� violation/� breach� of� any� of� the�Client's�obligation�or�any�third�party's�right�arising�out�of�the�services�rendered�by�the�Stock�Broker�on�behalf�of�the�Client.�(d)�Execution�of�incorrect�/�fraudulent�instructions�provided�by�the�Client�and�/�or�his�representative�(e)�Any�act�or�omission�of�the�Stock�Broker�pursuant�to�any�instructions�received�by�the�Stock�Broker�from�the�Client�or�any�of�his�authorized�representatives,�in�any�form�or�manner,�orally�or�in�writing�or�through�any�facility�provided�by�the�Stock�Broker,�which�the�Stock�Broker�believes�to�have�been�sent�by�the�Client�or�his�authorized�signatories;��(f )�Any�act�or�omission�of�the�Stock�Broker�due�to�any�fraudulent�instructions� to� the� Stock� Broker;� (g)� The�performance�of� the�Stock�Broker's�duties�or�discretions�(including�but�not�limited�to�losses� on� account� of� acting� � upon� and/or� execution� of� the�instructions� or� requests� placed� over� the� phone,� � facsimile,�internet� or� other� electronic� means,� due� to� any� reason�whatsoever)� in�client's�account;� (h)�Breach�of�any�Applicable�Laws�by�the�Stock�Broker�arising�out�of�any�instructions�given�by�the� Client� or� his/its� authorized� representative� to� the� Stock�Broker;� (i)� Any� non-disclosures� or� misrepresentation� or� false�statement�made�by�the�Client�to�the�Stock�Broker�under�this�Document� or� Client� Registration� Form;� (j)� Breach� of� any�Applicable�Laws�by�the�Client;�(k)�Any�action�taken�against�the�Stock�Broker,�by�any�authority,�issuer�of�third�party�products�or�any�third�party�which�is�attributable,�directly�or�indirectly�to�any�act�or�omission�of�the�Client.
2.� The� Client� acknowledges� that� he� is� fully� aware� of� the� risks�involved�in�online�trading�activities,�including�the�risk�involved�due� to�unauthorized� access� or� any� technical� difficulties.� The�Client�specifically�agrees�to�hold�the�Stock�Broker�harmless�from�any�and�all�the�claims,�and�agrees�that�the�Stock�Broker�shall�not�be� liable� for� any� loss,� actual� or�perceived,� caused�directly� or�indirectly� by� government� restrictions,� exchange� or� market�
rulings� /� regulation,� suspension�of� trading,�war,�earthquakes,�flood,� accident,� power� failure,� strike,� equipment� failure,�computer,� communication� line� or� telephone� failure,� system�failure,� equipment� or� software� failure,� security� failure� on� the�internet,� unauthorized� access,� theft,� or� any� problem,�technological� or� otherwise� or� other� conditions� beyond� the�control� of� Stock� Broker� that� might� prevent� the� Client� from�entering�an�order�or�the�Stock�Broker,�from�executing�an�order.��Client�further�agrees�that�he�will�not�be�compensated�by�the�Stock�Broker� for� “lost�opportunity”�via�notional�profit�on�buy�/sell� order�which� could�not�be� executed.� � Furthermore,� in� a�technical�environment�should�an�error�occur�with�respect� to�the� tracking�of�any�account�holding�or�order�entry,� then� the�true,�actual�and�correct�transaction�or�position�is�restored,�it�is�the�Client's� responsibility� to�ensure�account� correctness� and�accuracy�and�to�contact�the�Stock�Broker,�with�respect�to�any�discrepancy.�
34.�CONFIDENTIALITY:1.� The�Client�will�treat�as�confidential�(both�during�and�after�the�
termination�of�the�relationship�between�the�Parties)�the�advice,�consultation�and/or�reports�it�receives�from�the�Stock�Broker�or�any� information� learned� about� the� Stock� Broker� or� from� the�Stock�Broker�that�is�not�freely�available�in�the�public�domain,�including�without�limitation,�its�products�or�services.�The�Client�will�not�disclose�the�same�to�any�third�party�without�the�Stock�Broker's�prior�written�consent.�These�obligations�shall�not�apply�to�information�which�(i)�is,�or�becomes,�known�to�the�public,�(ii)�is�received�by�the�Client�from�a�third�party�entitled�to�disclose�it,�or�is�disclosed�to�competent�government�authorities�or�courts�or� other� tribunals� in� accordance� with� the� requirements� of�Applicable�Laws.�
2.� The� Client� acknowledges� that� the� Stock� Broker�may� receive�confidential� information� about� the� Client.� The� Client� hereby�expressly� consents� that� any� such� personal� data/information�and�account�information�of�the�Client�may�be�used�by�the�Stock�Broker� for� any� of� the� following� limited� purposes:� (a)� The�processing�of�applications�for�services�provided�by�the�Stock�Broker; � (b)� The� provision,� operation,� processing� or�administration�of�any�services�provided�to�the�Client,�and�for�data�processing,�statistical/risk�analysis�and�other�purposes;�(c)�Conducting� credit� checks/� anti-money� laundering� checks� (if�applicable);�(d)�Ensuring�the�Client's�ongoing�credit-worthiness�(if� applicable);� (e)� Determining� the� amount� of� indebtedness�owed�by�the�Client�or�to�the�Client�(if�required);�(f )�Marketing�services�or� related�products� or� opportunities� from� the� Stock�Broker� or� any� affiliate� of� the� Stock� Broker� or� any� group�Companies� of� Stock� Broker;� (g)� All� other� incidental� and�associated�purposes�relating�to�the�provision�of�services;�(h)�For�meeting� the� requirements� to� make� disclosures� in� order� to�comply� with� any� Applicable� Law� (including� applicable� anti�money� laundering� laws,� rules,� regulations� and� guidelines),�orders,� judgment,� decree,� requisition,� summon,� notice� or�inquiry�of�or�by�any�authority,�any�investigation�agency,�police�or� by� any� court,� administrative� or� regulatory� agency� or�commission,� requisitions� made� by� any� auditor� of� the� Stock�Broker.�
3.�� The�Client�acknowledges�that�the�Stock�Broker�may,�release�the�Client's�personal�data�and�account�information�for�the�limited�purposes� set� out� above.� Specifically,� the� Stock� Broker� may�release�the�data�and�information�limited�for�the�purposes�set�out�above,�to�certain�individuals�or�entities,�including�but�not�limited� to� the� following:� to� a� (I);� Company/� Institute� whose�products�are�subscribed�by�the�client�through�the�stock�broker�(ii)�Any�agent,�contractor�or� third-party�service�provider�who�
37
offers�services�to�the�Stock�Broker�and�any�affiliate�of�the�Stock�Broker�in�connection�with�the�operation�of�their�businesses;�(iii)�Any�other�person�under�a�duty�of�confidentiality�to�the�Stock�Broker.�(iv)�Any�other�financial�services�institution�with�which�the�Client�has�or�proposes�to�have�dealings,�credit�information�bureaus� or� collection� agencies;� (v)� Any� person� or� entity� to�whom� the� Stock� Broker� is� under� an� obligation� to� make�disclosure�under� the� requirements�of� �any� law,� regulation�or�court� order� binding� on� the� Stock� Broker;� (vi)� Any� actual� or�proposed� assignee� of� the� Stock� Broker� or� transferee� of� any�rights� of� the� Stock� Broker;� and� (vii)� To� any� regulator,� police,�investigation�agencies,�court�or�any�other�authority.
4.� The � S tock � B roke r � may � use � the � C l i en t ' s � pe r sona l�data/information� and� any� other� information� to� market�products�and�services�to�the�Client.�The�Client�acknowledges�that�the�Client�has�the�right�to�request�that�the�Stock�Broker�and�any� affiliate� of� the� Stock� Broker� cease� using� such� data� or�information�for�such�marketing�purposes.
5.� In�connection�with�the�Client�providing�such�personal�data�and�information,�the�Client�hereby�agrees�that�the�Stock�Broker�may�take�such�steps,�as�they�deem�reasonable�and�appropriate�to�verify�information,�which�is�provided�to�them.��
6.� The� Client� shall� not� hold� the� Stock� Broker,� its� directors,�employees,�agents�or�any�of�its�affiliates,�liable�or�responsible�in�any�manner� for� any� consequential� loss�or�damage�and� shall�keep�the�Stock�Broker�its�directors,�employees,�agents�or�any�of�its�affiliates,�indemnified�to�the�fullest�extent,�for�the�same.
35.�DEFAULT�AND�CONSEQUENCES�THEREOF:1.� The�Client�agrees�that�he�shall�be�deemed�to�have�defaulted�to�
the�stock�broker�in�circumstances�including�but�not�restricted�to� the� following:� (a)�Any�delay� in�payment�of�dues,�margins,�charges�or�delivery�of� securities� in� respect�of� the� transaction�executed�on�behalf�of�the�Client.�(b)�Any�contravention�of�the�terms.� (c.)� Any� misrepresentation� or� false� statement� or�omission,�or�misleading�information�supplied�by�the�Client�to�the�Stock�Broker.�
2.� In�the�event�of�default�by�the�Client,�the�Stock�Broker�shall�be�entitled�to�any�or�all�of�the�following�courses�of�action.��(a)�Take�steps�to�immediately�terminate�the�services.�(b)�Other�remedies�as�may�be�available�in�terms�of�the�law�in�force,�at�that�point�of�time.�(c)�Charge�of�an�amount�that�shall�not�exceed�the�losses�incurred�by�the�Stock�Broker�consequent�to�the�default�along�with�the�interest�at�market�rates.
3.� The�Client�agrees,�that�without�prejudice�to�any�other�remedy�or�right�prescribed�in�the�presents,�the�Stock�Broker�may�charge�delayed�payment�charges�at�the�rate�of�18%�per�annum�or�such�other�rate�as�may�be�communicated�from�time�to�time�for�any�delay�in�payment�of�charges,�margin�or�any�other�sum�due�to�the�Stock�Broker�as�the�case�maybe.
36.��NOTICES�AND�COMMUNICATIONS:1.� All�notices�or�communications�issued�shall�be�served�in�any�one�
or� more� or� all� of� the� following� ways� and� such� notice� or�communication�shall�be�served�on�the�address�stated�on�the�Client�registration�form�or�as�informed�by�the�Parties�to�each�other�from�time�to�time.:�i.�By�normal�post��ii.�By�registered�post�or�courier��iii.�Under�certificate�of�posting��iv.�By�express�delivery�post� �v.�By�telegram� �vi.�By�affixing� it�on�the�door�of� the� last�known�business�or�residential�address�vii.�By�sending�a�message�through�trading�system�viii.�By�electronic�mail�(e-mail)��ix.�Fax��x.�By� hand� delivery,� � � Further,� if� the� Client� experiences� any�d ifficu l t y � i n � open ing � o r � v i ew ing � any � e l e c t r on i c�communications,� the� Client� shall� promptly� inform� the� Stock�Broker.�The�Stock�Broker�may�at�the�request�of�the�Client�and�at�
its� discretion� send� a� duplicate� copy� of� such� electronic�communications�in�such�other�form�and�manner�as�the�stock�Broker�may�deem�fit�at�the�Client's�cost.
3.� Any�legal�notices�to�be�given�or�mandate�shall�be�in�writing.�Such�notice�shall�be�deemed�to�have�been�duly�given�or�made�when�it�shall�be�delivered�by�hand,�post,�email�or�telegram�to�the�Parties�at�their�respective�addresses.�If�a�Party�changes�any�of�the�above�referred�addresses�or�information,�it�shall�promptly�advise�the�other�Party.
4.� Unless� the�Client� informs� the� Stock� Broker� of� the� change�of�address� for� communication� in� writing,� all� notices,� Circulars,�communications� or� email� shall� be� sent� to� the� address� last�known�to�the�Stock�Broker.
37.�GRIEVANCE�REDRESSAL:All�Client�complaints�may�be�directed�to�the�grievance�redressal�department� of� the� Stock� Broker� or� to� such� other� person� or�department�or�the�designated�email�address�as�may�be�notified�by�the�Stock�Broker�from�time�to�time�for�this�purpose.
38.�DISPUTE�RESOLUTION:1.� The�Stock�Broker�and�the�Client�are�aware�of�the�provisions�of�
bye-laws,� rules� and� regulations� of� the� Exchange� relating� to�resolution�of�disputes/differences�through�the�mechanism�of�arbitration�provided�by�the�Exchange�and�agree�to�abide�by�the�said� provisions.� Any� claim,� dispute� or� difference� arising�between�the�Parties�hereto�which�are�subject�to�the�rules�and�regulations�of�the�Exchange,�in�respect�of�this�Document�or�any�contracts,� dealings� or� transactions� pursuant� hereto� or� any�rights,� obligations,� terms� or� conditions� pertaining� to� Stock�Exchange� transactions� or� the� interpretation� or� construction�shall� be� subject� to� the�grievance� redressal� procedure� of� the�Exchange�and�shall�be�subject�to�the�arbitration�procedure�as�prescribed�by�the�Exchange�Provisions.
39.�GOVERNING�LAW�&�JURISDICTION:1.� Subject�to�the�provisions�of�clause�[33],�in�matters�where�the�
Exchange�is�a�party�to�the�dispute,�the�Civil�Courts�at�Mumbai�shall� have� exclusive� jurisdiction� and� in� all� other� matters�pertaining�to�Stock�Exchange�transactions,�proper�courts�within�the� area� covered� under� the� respective� Regional� Arbitration�Centre� shall� have� jurisdiction� in� respect� of� the� arbitration�proceedings� falling� /� conducted� in� that� Regional� Arbitration�Centre.��
2.� In�respect�of�any�claims,�disputes�and�differences�arising�out�of�internet�trading�between�the�client�and�Stock�Broker,�the�seat�of�arbitration�shall�be�the�Regional�Arbitration�Centre�within�the�area�in�which�the�client�ordinarily�resided�at�the�time�of�relevant�trading,�provided�however�in�respect�of�a�non-resident�Indian�client,�the�seat�of�arbitration�shall�be�the�Regional�Arbitration�Centre�in�the�area�of�which�the�correspondence�office�of�the�trading�member�is�situated.�
3.� All�non-Exchange�transactions�shall�be�deemed�to�be�and�shall�take�effect�as�wholly�made,�entered�into�and�to�be�performed�in�the�city�of�Mumbai�and�the�parties�to�such�transactions�shall�be�deemed�to�have�submitted�to�the�jurisdiction�of�the�Courts�in�Mumbai� with� respect� to� all� disputes� arising� between� the�parties.�This�Document�shall�be�governed�by�and�construed�in�all�respects�in�accordance�with�the�laws�of�the�Republic�of�India.�
4.� All� contracts� and� Exchange� transactions� between� the� Stock�Broker�and�the�Client�pursuant�hereto�shall�be�subject�to�the�Exchange� Provisions,� the� Rules,� Bye-Laws,� Regulations,� and�other�provisions�of�its�clearing�house,�if�any,�the�provisions�of�the� Securities� and� Exchange� Board� of� India� Act,� 1992,� the�Securities�Contracts�(Regulation)�Act�of�1956�and�the�rules�and�
38
regulations�made� thereunder� and�as� amended� from� time� to�time.�
40.��FORCE�MAJEURE:The�Parties�to�this�Document�shall�be�released�from�their�respective�obligations�under�this�document�in�the�event�of�any�force�majeure�events.
41.�TERMINATION:1.� The� Parties� shall� be� entitled� to� terminate� the� relationship�
without� giving� any� reasons� to� the� other� Party,� after� giving�notice�in�writing�of�not�less�than�one�month�to�the�other�Party.
2.� Upon� termination, � this � Document� and� al l � writ ings�supplementing�this�Document�entered�into�by�and�between�the�Parties�shall�stand�terminated.
3.� The�termination�of�the�relationship�shall�not�affect�any�rights�or�obligations� of� either� party� which� have� accrued� prior� to� the�termination�or�which�may�arise�out�of�or�in�connection�with�acts�done�or�omitted�prior� to�the�termination�and�the�same�shall�continue�to�subsist�and�vest�in�/�be�binding�on�the�respective�Parties� or� his� /� its� respective�heirs,� executors,� administrators,�legal�representatives�or�successors,�as�the�case�may�be.
42.�SURVIVAL:1.� The�provisions�relating�to�“Compliance�with�Applicable�Laws”,�
Brokerage,� “Representations� and� Warranties� of� the� Client”,�“Limitation� of� Liability”,� “Indemnity”,� “Termination”,� “Market�Data”,� “Confidentiality”� ,� “Notices� and� Communications”,�“Dispute�Resolution”,�“Governing�Law�&�Jurisdiction”,�“Survival”�and�“Lien,�Netting�and�Set-Off”,�in�this�Document�shall�survive�the�termination�of�this�Document.��For�the�avoidance�of�doubt,�the�termination�of�this�Document�for�any�reasons�whatsoever�shall� not� affect� in� any� manner� the� rights,� obligations� and�liabilities�incurred�by�the�Parties�prior�to�such�termination.
43.�SEVERABILITY:1� In�the�event�of�any�provisions�of�this�Document�being�held�to�be�
or�becoming�invalid,�unenforceable�or�illegal�for�any� �reason,�this�Document�shall�remain�otherwise�in�full�force�apart�from�the�said�provision,�which�will�be�deemed�deleted.�The�parties�shall�however�attempt�to�replace�the�deleted�provision�with�a�legally� valid� provision� that� reflects� the� same�purpose� as� the�deleted�provision�to�the�greatest�extent�possible.
44.�WAIVER:39.1.�No�forbearance,�relaxation,�delay�or�inaction�by�any�party�any�
time�to�exercise�any�right,�power�or�privilege�or�to�require�the�performance�of�any�provision�of�this�Document�shall�in�any�way�affect,�diminish,�operate�as�a�waiver�of,�or�prejudice�the�right�of�such�party�to�exercise�any�right,�power�or�privilege�or�to�require�the� performance� of� that� or� any� other� provision� of� this�Document�unless�specifically�agreed�in�writing.�
45.�MODIFICATIONS:1.� All�modifications� to� this�Document�shall�be� intimated�to� the�
Client�by�a�notice�in�writing�either�by�email�or�web�posting�or�by�the�way�of�a�physical�document�and�by�a�suitable�modification�to�the�terms�and�conditions�or�other�applicable�section�on�the�website�or� in�any�other�manner.�Such�modifications�shall�be�effective� upon� the� expiry� of� 15� (Fifteen)� days� from� such�notifications.�
2.� If�the�rights�and�obligations�of�the�Parties�are�altered�by�virtue�of�any� change� in� the� Applicable� Laws,� such� changes� shall� be�deemed�to�have�been�incorporated�herein�in�modification�of�the� rights� and� obligations� of� the� Parties� mentioned� in� this�
Document.��
46.�OTHERS:1.� Nothing� contained� in� this� Document� shall� be� construed� to�
impose� an� obligation� on� the� Stock� Broker� to� perform� any�obligation� under� this� Document,� which� is� or� may� be� in�contravention�of�Applicable�Laws�or�any�binding�judgment�or�order�of�any�court�or�regulatory�authority.
2.� This�Document�is�personal�to�the�Client�and�any�non-signatory�shall�not�have�the�right�to�enforce�it.
3.� The�Client�authorizes�the�Stock�Broker�to�exercise�such�powers�for� the� purpose� of� this�Document� at� such� time� and� in� such�manner�as�it�may�in�its�discretion�for�the�purpose�of�performing�its�duties�and�responsibilities�set�out�hereunder,�to�do�or�omit�to�do� all� such� things� as� the� Stock� Broker�may� in� its� discretion�consider�necessary�or�desirable�in�order�to�perform�its�duties�hereunder� or� to� comply� with� any� Applicable� Laws� or� any�governmental�or�regulatory�or�other�authorities.
4.� T h e � c l i e n t � a g r e e � t o � b e � c o n v e r s a n t � w i t h�Laws/Practices/Rules/Regulation/Guideline/circular/�notification/order�of�all�active�segment�of�BSE/NSE�in�addition�to�SEBI/FIU/RBI/GOI�and�other�regulatory�bodies.
5.� The�client�agrees�not�to�1)�receive/give�monies�to�stock�broker�or�its�associated�entities�2)�engaged�in�unfair�trade�practices�3)�conversion�of�money�(black�to�white�or�vice�versa)�4)�to�act�in�any�manner�restricted�by�applicable�laws.
47.�PROPRIETARY�TRADING:In� the� event� that� the� Stock� Broker� commences� trading� on� a�proprietary� basis,� the� notice� of� intimation� of� the� same� shall� be�published� on� the�website� and� such� publication� shall� constitute�notice�of�the�same�to�the�Client.
48.�SMART�ORDER�ROUTING�AND�MOBILE�TRADING�FACILITIES:�The� client� hereby� state� that� the� client� to� avail� the� Smart� Order�Routing� facility�&�Securities�Trading�using�Wireless� � is� interested�technology�(mobile�trading)�as�and�when�introduced�by�the�stock�broker.�Before�using�the�said�facility�(ies),�the�client�shall�read�and�understand� the� relevant� regulatory� guidelines� and� the� stock�broker's�terms�and�conditions�applicable�for�the�same.�The�client�agrees� to� understand� the� possible� risks,� his� responsibilities� and�liabilities� associated� with� Securities� Trading� using� wireless�Technology�and�Smart�Order�routing�facilities�before�making�use�of�these�facilities�as�and�when�offered�by�the�stock�broker�as�under�
49.�Risks,� Responsibilities� &� Liabilities� associated� with� Securities�Trading�using�wireless�technology�(Mobile�Trading)
The�client�should�also�be�conscious�that�using�the�Mobile�Trading�Service� including� sending� instructions� or� messages� and�conducting�transactions�through�Mobile�Trading�may�carry�extra�risks� and� may� not� be� as� secure� as� using� the� Service� including�sending�messages�or�instructions�and�conducting�transactions�via�internet� trading� at� www.Pentadsecurities.com� Specifically,�information� and� instructions� (including� inputting� password� for�Mobile� Trading)� sent� to� the� stock� broker� and� any� message,�information�and�confirmation�that�the�client�receive�from�the�stock�broker�through�Mobile�Trading�is�subject�to�the�risk�of�being�read,�interrupted,�intercepted,�or�defrauded�by�third�party�or�otherwise�subject� to� manipulation� by� third� party� or� involve� delay� in�transmission.�The�stock�broker�does�not�accept�any�responsibility�or�liability�to�the�client�or�any�third�party�for�the�consequences�arising�out� of� or� in� � connection�with� using,� accessing� and� conducting�transactions�through�Mobile�Trading.�The�client�should�therefore�
39
fully�consider�all�the�risks�relating�to�the�Service,�especially�the�additional�risks�that�may�be�involved�before�the�client�proceed�to�logon�to�our�Mobile�Trading.�Other�terms�are�as�under:�a.� The� Client� agrees� that� the� Stock� Broker� shall� not� be�
responsible�for�any�variation,�reduction�or�imposition�of�the�terms�or� the�Client's� inability� to� route� any�order� through�Mobile�Trading�facility.
b.� �The�Stock�broker�shall�be�absolved�of�any�liability�in�case�of�any�failure�or�delay�in�the�execution�of�any�order�or�if�the�Stock� broker� is� unable� to� receive� or� execute� any� of� the�requests�from�the�client.��
c.� The� Client�will� be� entitled� to� a�Username� and� Password,�which� will� enable� him/her� to� access� the�Mobile� Trading�facility.� The� Client� shall� be� responsible� for� keeping� the�Username�and�Password�confidential�and�secure�and�will�be�responsible�for�all�transactions.���
d.� It�will�be�the�responsibility�of�the�client�to�notify�the�Stock�Broker� immediately� if�he/� she�suspects� the�misuse�of� the�Mobile�Trading�in�his/her�account.�If�the�mobile�phone�or�
SIM� is� lost,� the� client�must� immediately� inform� the� stock�broker�and�take�action�to�deactivate�the�account.�
e.� The�use�and�storage�of�any�information�including,�without�limitation,� the� Password,� transaction� activity,� account�balances,�securities�balances�and�any�other�information�or�orders�on�the�Client's�Mobile�shall�be�at�the�Client's�sole�risk.�
f.�� The�Client�undertakes�to�ensure�that�the�Client�remains�the�only�user�of�the�Username�and�Password�and�acknowledges�and�authorizes�the�Stock�Broker�to�presume�that�any�and�all�orders�or�instructions�entered�or�communicated�using�such�Username�and�Password�are�the�Client's�own�orders�and�/�or�instructions.��
g.� The� client� shall� be� liable� and� responsible� for� all� legal�compliance� and� adherence� of� all� commercial� terms� and�conditions� in� respect� of� the� mobile� connection/SIM�card/mobile�phone�and�the�stock�broker�does�not�accept�/�acknowledge�any�responsibility�in�this�regard.
Client�Signature��
2/1214
/20
Client�Name
PlaceD��D��M���M��Y��Y����Y���YDate�
40
This�document� is� supplemental� to,�and�does�not�supersede,� the�Rights�and�Obligations�as�prescribed�by�SEBI.�The�provisions�of�the�Rights�and�Obligations�shall�apply�mutatis�mutandis�to�the�extent�applicable� to�dealings�between� the� Stock�Broker� and� the�Client�pursuant� to� or� otherwise� relating� to� the� Stock� Broker's� Internet�Service.�Representations�and�Warranties�of�Client:
The�Client�represents�and�warrants�to�the�Stock�Broker�that:1.� All�the�information�provided�and�statements�made�orally�or�in�
writing� through�any�means,� including�but�not� limited� to� the�client� � registration� form,� are� true� and� correct� and� are� not�misleading�and�the�Client� is�aware� that� the�Stock�Broker�has�agreed�to�enter�into�this�Document�with�the�Client�on�the�basis,�inter�alia,�of�the�statements�made�by�the�Client�and�the�Client�also�agrees�that�if�any�of�the�statement(s)/�declaration(s)�made�herein�are�found�to�be�incorrect,�then�the�Stock�Broker�(which�term�for�this�clause�includes�any�of�its�affiliates�or�its�employees,�directors,� agents� and� representatives� or� the� employees,�directors,�agents�and�representatives�of�such�affiliate),��shall�not�be�held�liable�for�any�direct�or�indirect�loss�or�damage�caused�to�the�Client�by�such�wrongful�declaration�or�misrepresentation.
2.�� The�Services�provided�by�the�Stock�Broker�would�be�put�into�use�only� for� bona� fide� transactions� and� shall� not� involve� any�violations� of� the� provisions� of� any� Government� of� India/�exchange�control�regulations�or�any�other�Applicable�Laws�or�regulations�in�force�in�India�or�any�other�jurisdiction�to�which�the�Client�is�subject�to.
3.�� The�Client�registration�form�has�been�completed�in�all�respects�along�with� relevant�documents�and�other� related�aspects�as�mentioned�in�the�said�client�registration�form.�
4.�� The�Client�is�capable�of�executing�the�present�Document�and�that�the�terms�of�the�Document�are�not�in�contravention�of�any�rights� of� any� person� with� whom� such� Client� has� any�arrangements,� at� any� time� prior� to� the� execution� of� this�Document.
5.�� The�Client�has�the�required�legal�capacity�to,�and�is�authorised�to,� enter� into� this� Document,� is� capable� of� performing� his�obligations� and� undertakings� hereunder,� shall� continue� to�perform� and� shall� take� all� steps� necessary� to� continue�performing�his/its�obligations�and�undertakings�hereunder�and�is�not�in�any�manner�prohibited�from�dealing�in�Securities.
6.�� All� actions� required� or� desirable� to� be� taken� to� ensure�compliance� with� all� the� Applicable� Laws� also� to� enter� into,�exercise� his� rights� and� comply� with� his� obligations� in� this�Document�have�been�taken�or�effected�and�are�in�full�force�and�effect� and� will� continue� to� be� taken,� including� as� to� any�approvals� or� authorisation� required� and� as� to� disclosure�requirements� and� regulatory� reporting� obligations� and� the�Client�will�provide�proof�of�the�same�to�the�Stock�Broker�as�may�reasonably�be�required
7.�� By�entering� into�each� transaction�or�making�each� request�or�order,�the�Client�will�not�violate�its�constituent�documents,�any�Applicable�Laws,�binding�order�of�a�court�or�regulatory�body�applicable�to�it�or�any�contract�or�other�instrument�binding�on�him�or�his�assets.
8.�� All�actions�required�to�be�taken�to�ensure�compliance�of�all�the�transactions,�which�the�Client�may�enter�into�with�all�applicable�laws,�shall�be�completed�by�the�Client�prior�to�such�transaction�being�entered�into.
9.�� The�Client� is� a� learned� investor,� and�has� taken� into� account,�apprised� himself� /� itself� of� and� assessed� all� risks� (including�liquidity�risk,�credit�risk,�market�risk,�regulatory�risk�or�any�other�risk)� associated� with� investment� products,� before� taking� an�investment� decision,� irrespective� of� any� recommendation�made�by�the�Stock�Broker.
10.�There� are� no� prior� or� pending� criminal� proceedings� or�proceedings� related� to� financial� crimes� against� the�Client� or�investigations�or�enquiries�or�any�negative�reputation�issues�or�any�actions�taken�by�SEBI,�RBI,�any�exchange,�any�depository�and�/�or�any�other�authority�involving�the�Client�and�in�the�event�of� any� such� issues� or� proceedings� are� commenced� against�him/it,�he/it�shall�keep�the�Stock�Broker�informed�of�the�same�immediately�without�any�delay.
11.�This�Document�and�each�transaction�or�order�or�request�under�the�various�services�availed�by�the�Client�are�the�Client's�valid�and�legally�binding�obligations,�enforceable�in�accordance�with�the�terms�as�stipulated�in�this�Document;�each�person�acting�on�behalf� of� the� Client,� including� in� making/placing� orders� or�requests�on�behalf�of�the�Client,�is�duly�authorized�by�the�Client�to� do� so.� � Any� instructions� given� by� an� authorized�representative�of�the�Client�to�the�Stock�Broker�(�or�to�the�Stock�Broker's�representative)�shall�be�binding�on�the�Client.
13.��The�Client�hereby�represents�and�agrees�that�it�shall�not�initiate,�promote� or� participate� in� any� unfair� or�manipulative�market�practices.
14.��T� he�Client�agrees�that�he� is� trading�for�his�own�account�as�a�principal�and�not�as�an�agent�on�behalf�of�any�other�person,�and�shall�not�act�as�a�Sub-Broker,�Stock�Broker�or�Authorised�Person,�without�obtaining�certificate�of�registration�from�the�relevant�authority�as�the�case�may�be�and�informing�the�Stock�Broker�of�any�change�in�status.
15.��T� hough� the� document� has� been� divided� into� sections�governing� transactions� in� various� segments,� services,� the�document� shall� be� binding� on� the� parties� in� its� entirety.�Entering� into� this� document� governing� transactions� for�multiple�segments/services�shall�not�be�a�reason�for�disputing�any�transaction�or�account�of�Client�with�the�Stock�Broker.
16.��The�Client�states�that�for�hassle�free�trading�and�settlement,�he�has�opened/agrees� to�open� a� valid� and� subsisting� securities�account�with�us.�
17.��The�Client�agrees�to�provide�and�continue�to�provide�all�details�about�itself�as�may�be�required�by�the�Stock�Broker.
18.��The� Client� has� adequate� financial� resources� and� trading�experience�to�engage�in�trading�in�securities.
19.��The�Client�warrants�that�all�or�any�securities�deposited�by�him�with� the� Stock� Broker� in� respect� of�margin� requirements� or�otherwise,�are�owned�by�him�and�that�the�title�thereof�is�clear�and� free�of�encumbrances�and� that�at� the� time�of� a� transfer�pursuant�to�any�order�or�request�and�provision�of�any�margin�required,�the�Client�will�have�the�full�and�unqualified�right�and�title�to�make�such�transfer�or�provide�such�margin�and�upon�such�transfer�or�provision�of�margin,�the�transferee�will�receive�all�right,�title�and�interest�in�and�to�those�investments,�cash�or�Securities,�free�from�any�other�interest.�
20.��The�Client�shall�not�close�or�freeze�either�the�Bank�Account�or�the�Securities�Account�designated�for�the�purposes�under�this�Relationship�or�for�availing�services�offered�by�the�Stock�Broker,�if�there�are�any�pending�obligations�or�dues�to�the�Stock�Broker.
21.��The�Client�shall� immediately�furnish�information�to�the�Stock�Broker�in�writing,�including�but�not�limited�to�any�winding�up/�insolvency�petition�or�garnishee�order�passed� against�him/it�and� any� other� litigation/proceedings� or� circumstances/�investigation� which� may� have� material� bearing� on� his/its�capacity� to�perform�his/its� obligations� under� this�Document�and/or�to�invest.
22.��The�Client�has�the�necessary�infrastructure�and�/�or�equipment�needed�to�avail�the�Stock�Broker's�ITORS/�Internet�System�and�the�Client�shall�be�responsible�for�any�losses�consequential�and�/�or�incidental�caused�due�to�the�insufficient�infrastructure�and�/�or�equipment�to�avail�of�the�same.
SUPPLEMENTAL�TO�RIGHTS�AND�OBLIGATIONS�PRESCRIBED�BY�SEBI
41
23.��Clients�hereby�declare�that�he�is�the�ultimate�operator�of�the�accounts�and�he�is�not�related�to�or�associated�with�any�of�the�Stock�Brokers�employees�and�agree�that�if�Clients�become�any�of�such�employees,�client�shall�promptly�notify�the�Stock�Broker�of� the� existence� and� nature� of� such� association� and�acknowledge� and� agree� that� the� Stock� Broker� may,� upon�receipt�of�such�notice,�at�the�Stock�Brokers�absolute�discretion,�terminate�the�account/relationship�after�giving�30�days'�notice.
24.��The�Client�will�ensure�that�in�the�event�he�/�it�seeks�to�engage�in�any� form� of� trading� including� intra-day� trading� he� /� it� shall�obtain� adequate� market� techniques� including� an� in-depth�knowledge�of�the�securities�market,�familiarity�with�the�Stock�Broker's�business�practices,�including�the�operation�of�the�order�execution�systems�and�procedures.
25.��The�Client� is� aware� and� acknowledges� that� trading�over� the�internet� involves� many� uncertain� factors� and� complex�hardware,�software,�systems,�communication�lines,�peripherals,�etc.�which�are�susceptible�to�interruptions�and�dislocations;�and�the�Stock�Broker's�ITORS/�Internet�Service�may�at�any�time�be�unavailable�without� further�notice.�The�Stock�Broker�and� the�Exchange�do�not�make�any�representation�or�warranty�that�the�Stock�Broker's� ITORS/� Internet�Service�will�be�available�to�the�Client�at�all�times�without�any�interruption.�The�Client�agrees�that�he�shall�not�have�any�claim�against�the�Exchange�or�the�Stock�Broker�on�account�of�any�suspension,�interruption,�non-availability� or� malfunctioning� of� the� Stock� Broker's� ITORS/�Internet�System�or�Service�or�the�Exchange's�service�or�systems�for�any�reason�whatsoever.
26.�The�Client�has�read�and�understood�and�agrees�that�the�Client�shall� from� time� to� time� regularly� continue� to� read� and�understand,�and�abide�by�the�terms�and�conditions�and�other�information� on� Stock� Broker's� Website,� the� Exchange�provisions,�Rules,�Regulations,�government�notifications�etc.
27.�The�Client�is�fully�aware�of�and�shall�comply�with�applicable�legal�and�regulatory�requirements�for�investments�in�Securities�and�that�it�is�the�sole�responsibility�of�the�Client�to�keep�informed�of�any�changes,�updates�or�addition�to�Applicable�Law�and�that�the�Stock�Broker�shall�not�be�liable�or�responsible�for�any�loss�suffered�or�expense�incurred�by�the�Client�as�a�consequence�of�any�failure�to�do�so.
28.��The�Client�shall�utilize�the�services�offered�by�the�Stock�Broker�solely� for� lawful�purposes�and�will� remain�aware�of�and� fully�comply� with,� all� Applicable� Laws,� rules� and/or� regulations�including�without�limitation�those�relating�to�taxation,�foreign�exchange� or� capital� control� and� reporting� and� filing�requirements.
29.��The�Client�nor�any�member�of�the�Client's�family�is�a�Politically�Exposed�Person,�a�senior�Public�Figure�or�a�Celebrity�and�that�in�the�event�of�a�change�in�status,�the�Client�shall�promptly�inform�the�Stock�Broker�of�the�same.
30.��The�Client�has�understood�and�agreed�to�be�bound�by�the�Stock�Broker's�internal�auction�and�close-out�policies�and�agrees�to�abide�by� the� rate� and�quantity� of�margin� and/or� amount�of�monies� debited� and/or� credited� to� the� Client's� account�pursuant�to�the�Stock�Broker's�internal�policy.
31.� The�Client� is� aware� that� he/it� has� the�option�of� not� availing�internet�trading�services�and/or�tele�trade�facility�as�are�being�offered�by�the�Stock�Broker,�however�being�fully�aware�of�all�risks,� the� Client� desires� the� convenience� of� such� facility� of�transmitting� orders� and� instructions� over� the� Stock� Broker's�Website� or� telephone� and� has� therefore� opted� for� such�service/facility�of�his� /� its�own� free� choice�and� is�willing�and�agreeable�to�bear�all�associated�risks,�responsibility�and�liability.
32.�The�Client�is�not�a�United�States�(“U.S.”)�person�for�purposes�of�U.S.�federal�income�tax�and�that�he/she/it�is�not�acting�for,�or�on�behalf�of,�any�U.S.� �person�or�a�resident�and�/�or�citizen�of�any�jurisdiction�which�restricts�or�prohibits�sale�of�Indian�Securities�
to� its� residents� and/or� citizens;� that� any� false� statement� or�misrepresentation�of�tax�status�by�a�U.S.�person�could�lead�to�penalties�under�U.S.� laws;�and�that� the�Client�shall�notify� the�Stock�Broker�of�any�change�in�status�in�the�event�that�he�/�she�becomes� a� U.S.� � Citizen� or� a� resident,� immediately� of� such�change�in�the�status.�
Stock� Broker's� Disclaimer:� The� Client� agrees,� understands,�acknowledges�and�confirms:�1.�That�all�decisions�to�avail�services�offered�by�the�Stock�Broker,�
make�investments�and�divestments�are�based�on�the�Client's�own� evaluation� of� his/its� financial� circumstances� and�investment�objectives.�This�extends�to�any�decision�made�by�the�Client�on�the�basis�of�any�information�that�may�be�made�available�by�the�Stock�Broker�through�meetings�with�the�Stock�Broker's� employees�or�personnel,� research� reports,� the�Stock�Broker's�Website�or� through�any�other�media�written�or�oral,�online�or�otherwise.�All�decisions�taken�by�the�Client�to�invest�or�disinvest� are� independent� of� any� advice,� solicitation� or�information�received�by�the�Client�from�the�Stock�Broker�and�the� Client� assumes� full� responsibility� with� respect� to� all�investment�decisions�and�transactions.
2.�� That�any�investment�advice�rendered�by�the�Stock�Broker�may�not�be�consistent�with�and�may�in�fact�be�different�from�the�advice�or�decision�of�any�affiliate�or�any�other�group�entity�of�the�Stock�Broker.
3.�� That� the� Client� shall� not� rely� upon� or�make� any� investment�decision� based� solely� on� recommendations,� advice� and�research� reports� made� available� by� the� Stock� Broker� to� the�Client.�The�research�reports�are�generic�and�are�not�designed�for�meeting� specific�Client�objectives.� �Accordingly,� if� the�Client�desires� to�make� an� investment� on� the�basis� of� any� research�report,�howsoever�available�to�him,�the�Client�shall�be�bound�to�make� appropriate� inquiries� to� make� an� independent�assessment�as�to�whether�the�investment�suits�his�investment�objectives� and� risk� appetite� and� shall� seek� independent�professional� advise� and/or� tax� advice� in� relation� to� any�investments.� �For�the�purpose�of�this�clause�and�the�following�clauses,� a� research� report� shall� be� deemed� to� include� any��information�that�may�be�made�available�by�the�Stock�Broker,�its�affiliates�or�any�of�their�officers,�employees�or�agents�through�any�medium,� including�without� limitation� the� Stock� Broker's�Website,�E-mail,�SMS,�tele-trading�Facility,�or�any�other�website�as�may�be�notified�by�the�Stock�Broker�from�time�to�time.� �All�decisions� taken� by� the� Client� to� invest� or� disinvest� are�independent�of�any�advise,�solicitation�or�information�received�by�the�Client�from�the�Stock�Broker.
4.�That�the�Stock�Broker,� its�officers,�directors,�employees,�agents�and� affiliates� will� have� no� liability� with� respect� to� any�investment�decisions�or�transactions�of�the�Client�and�that�the�Client�shall�neither�hold�nor�seek�to�hold�the�Stock�Broker�or�any�of� its� officers,� directors,� employees,� agents,� subsidiaries,�affiliates� or� business� associates� liable� for� any� trading� costs,�losses� or� damage� incurred� by� the� Client� consequent� upon�relying� on� any� research� report,� investment� information,�research�opinion�or�advise�or�any�other�material/information�provided�by�the�Stock�Broker.
5.�That� the�Client� is�aware�that�any� information�provided�by�the�Stock�Broker�through�any�medium�based�on�the�research�of�the�Stock�Broker�or�other�external�sources� is�subject�to�domestic�and�international�market�conditions�and�the�Stock�Broker�does�not�guarantee�the�availability,�performance�or�otherwise�of�any�Securities�or�Third�Party�Products�and�such�research�reports�are�merely� an� estimation� of� certain� investments,� and� the� Stock�Broker�has�not�and�shall�not�be�deemed�to�have�assumed�any�responsibility�for�any�such�information.
6.�� That� the� Stock� Broker� is� not� liable� to� provide� any� legal,� tax,�
42
investment� or� accounting� advice� or� advice� regarding� the�suitability�or�profitability�of�a�security�or�investment�and�that�the�Client�should�seek�independent�professional�advice�and/or�tax�advice� regarding� the� suitability� of� any� investment� decision�whether�based�on�any�research�reports/advise�or�information�provided� by� the� Stock� Broker� through� the� Stock� Broker's�Website�or�otherwise.�
7.�� T� hat�in�the�event�the�Client�receives�or�accesses�any�investment�research� reports,� computerized� on-line� services� or� any�investment� or� other� recommendations� or� advises� from� the�Stock�Broker�or�any�employee�or�any�official�of�the�Stock�Broker�or�affiliates,�the�same�is�on�a�no-liability,�no-guarantee�and�no-obligation�basis.
8.�� That�any�research�material�or�report�received,�accessed�or�made�available�to�the�Client�is�for�information�purposes�only�and�does�not�and�shall�not�in�any�manner�constitute�a�recommendation�/solicitation�/advise�to�buy�or�sell�any�of� the�Securities�or� for�purchase,�subscription,�sale�or�redemption�of�any�Units/�Third�Party�Products�or�as�investment�advice.
9.�� That� the� Client� may� not� receive� any� research� reports� or�information�at�the�same�time�as�other�Clients�or�may�not�at�all�receive� or� be� given� access� to� any� such� research� reports� or�information.� � Making� any� research� reports� or� information�available�to�the�Client�is�entirely�at�the�discretion�of�the�Stock�Broker.�The�Stock�Broker�is�under�no�obligation�to�take�account�of�any�such�reports�or�information�when�it�deals�with�or�for�the�Client�and/or�executes�or�acts�upon�any�transaction�request�or�order�or�any�further�act�or�deed�required�there�under.
10.��That�the�client�is�aware�that�any�and/or�all�research�reports�may�be�prepared�by�Third�Parties� and� the�Stock�Broker�may�only�make�the�same�available�for�the�information�and�interest�of�the�Client.� �The�Client�shall�hence�not�in�any�manner�deem�such�reports� as� emanating� directly� or� indirectly� from� the� Stock�Broker.
11.��That�acceptance�of�any�application�and�issuance�of�any�third�party�products�shall�be�at�the�sole�discretion�of�the�issuer�of�such�third�party�products.
12.��That�Securities�and/or�third�party�products�are�provided�on�an�“as�available”�basis�without�representations�or�warranties�of�any�kind,� either� express� or� implied,� including,�without� limitation,�those�of�suitability,�liquidity,�merchantability�and�fitness�for�any�particular�purpose.
13.��The�Stock�Broker�expects�the�client�to�read�all�the�relevant�offer�documents,�disclosure�documents,�term�sheets�and�terms�and�conditions�stipulated�in�the�application�forms�of�the�issuers�of�the� third� party� products� in� which� the� Client� is� investing� or�proposing�to�invest,�before�making�any�investment�decision�or�entering�into�any�transactions.
14.��That�Securities�and/or�third�party�products�may�be�subject�to�investment�risks,�market�risks,�lack�of�liquidity�and�possible�loss�of�principal�amount�invested;�past�performance�should�not�be�considered� as� an� indication� or� guarantee� of� future� yields� or�results.
15.��That�all�investment�decisions�taken�by�the�Client�to�purchase,�subscribe,�redeem�or�sell�any�units�or�third�party�products�shall�be� independent� of� any� advise,� solicitation� or� information�received� by� the� Client� from� the� Stock� Broker,� which� are�rendered� on� a� no-liability,� no-guarantee� and� no-obligation�basis�and�the�Client�shall�not�hold�the�Stock�Broker�or�any�of�its�officers,�directors,�employees,�agents,�subsidiaries,�affiliates�or�business�associates�liable�in�any�manner�whatsoever.
16.��That�the�Stock�Broker�is�merely�acting�as�a�facilitator�and�is�not�responsible� for� the� lack/shortfall� in� the� expected� returns,�liquidity,�credit�or�any�other�regulatory�risk�pertaining�to�third�party�products.
17.��That� the� Stock� Broker� does� not� in� any�manner� provide� any�buy/sell� recommendations;� guarantee� payments� on� any�
securities�or�units�or�third�party�products;�guarantee�liquidity�of�any�securities�or�units�or�third�party�products;�solicit�to�buy�back�any� securities� or� units� or� third� party� products;� guarantee�redemption� or� repayment� of� any� securities� or� units� or� third�party�products�on�maturity;�guarantee�payments�of�interest�or�dividend;�promise,�indicate�or�guarantee�any�returns;�guarantee�any�good�delivery;�and�make�any�representations�of�any�nature�whatsoever�in�relation�to�the�securities�or�units�or�third�party�products.
18.��That�the�Stock�Broker�does�not�provide�any�accounting,�finance,�tax,� legal�or� structuring�advise� to� the�Clients.� The�Client� also�acknowledges� that� the� Stock� Broker's� employees� are� not�authorized�to�give�any�such�advice�and�that�the�Client�will�not�solicit�or�rely�upon�any�such�advice�from�the�Stock�Broker�or�any�of�its�employees.
19.�The�Client�agrees�that�in�the�event�of�the�Stock�Broker�or�any�employee� or� official� of� the� Stock� Broker� providing� any�information�or�recommendation�to�the�Client,�the�Client�may�act�upon�the�same�at�the�sole�risk�and�cost�of�the�Client,�and�the�Stock�Broker�shall�not�be�liable�or�responsible�for�the�same.
20.�That�none�of�the�services�available�on�the�website�or�elsewhere�or�by� E-mail� or�by� SMS�or� through�any� literature/material� or�brochure�issued�by�the�Stock�Broker�shall�amount�to�investment�advice�on�the�part�of�the�Stock�Broker.�
21.�That�the�Stock�Broker�shall�be�providing�inputs�to�the�Clients�on�an� arm's� length� and� on� principal� to� principal� basis,� and� this�arrangement�is�non-exclusive�to�both�the�Stock�Broker�and�the�Client,�and�creates�no�conflict�of�interest.
22.� That� the� Client� understands� that� the� Client� is� under� no�obligation�to�accept�and�act�upon�the�suggestions/advises�of�the�Stock�Broker�and�the�Stock�Broker�is�under�no�obligation�to�provide�suggestions/advise�to�the�Clients.
23.�That�the�Stock�Broker�or�its�affiliates�or�any�other�group�entity�may�sponsor,�underwrite�or�otherwise�participate�in�the�issue�of�any�such�third�party�products�made�available�to�the�client�by�the�Stock�Broker.�
24.�That�the�Client�may�communicate�with�the�Stock�Broker�for�any�queries�or�service�requests�or�any�other�instructions,�which�are�not�in�the�nature�of�or�otherwise�related�to�placing�an�order�or�instructions.� �Unless�specifically�mandated�to�the�contrary�by�Applicable� Laws,� the� Stock� Broker� may� accept� such�communications,� from� the� Client� in� the� form,� manner� and�medium�as�it�deems�fit�from�time�to�time.�Correspondingly�the�Stock�Broker�may�also�communicate�with�the�Client� for�such�purposes� as� it� deems� necessary� in� such� form,� manner� or�medium�as�it�deems�fit,�in�accordance�with�Applicable�Laws.��
25.� That� the�Client� shall� engage� in�any� form�of� trading� solely� at�his/its�discretion�and�judgment�and�shall�have�considered�all�risks� and� implications� of� tax� before� entering� into� such�transactions.� �The�Stock�Broker�does�not�provide�any�advice�in�relation�to�tax�implications�pertaining�to�income�arising�out�of�any�form�of�trading.� �Further,�the�Client�acknowledges�the�risk�associated�with�speculation�involved�in�such�form�of�trading.
26.��That�neither�the�Stock�Broker�nor�any�of�its�employees/agents�shall� in�any�circumstances�be�liable�for�any�loss,�cost,� liability,�expense�or�damage�including�without�limitation�legal�fees�and�expenses�arising�from
(a)� Any� non-execution� of� any� order� or� request� due� to� any�suspens ion , � in te r rupt ion , � and � non-ava i lab i l i t y � o r�malfunctioning�of�the�relevant�trading�services�or�the�Exchange�system(s)�or�service(s)�for�any�reasons�whatsoever;
(b)�Any�failure,�interruption�error,�omission�or�delay�in�performance�of� their� obligations� or� in� the� transmission/delivery� of�information� resulting� from�acts,� events�or� circumstances�not�within�their�reasonable�control�including�but�not�limited�to�war,�acts�of�terrorism,�civil�disorder,�acts�of�god,�industrial�disputes,�natural�calamities,�floods,�fire�and�other�natural�disasters,�legal�
43
restraints,�faults�in�the�telecommunication�network�or�internet�or�network�failure,�software�or�hardware�errors;
(�c.)�incomplete/incorrect�data�or�information�provided�to�the�Stock�Broker�over�the�Stock�Broker's�Website�/�system;
�Terms�&�Conditions�applicable�only�to�clients�availing�of�the�Stock-Brokers�Tele-Trading/�Trade�on�Phone�facility:To�avail�the�Tele-trading�Facility,�the�Client�will�be�required�to�call�on�the�specific�number�notified�from�time�to�time�by�the�Stock�Broker�for�the�said�purpose�in�writing�or�by�publishing�on�its�website�or�in�such�other�manner�as�may�be�determined�by�the�Stock�Broker.�Such�numbers�will�be�subject�to�change�at�the�Stock�Broker's�discretion,�which� change� shall� be�notified� to� the�Client� either� through� the�Stock�
Broker's�Website�or�in�such�other�manner�as�may�be�determined�by�the�Stock�Broker.1.��The�Client�agrees�to�pay�to�the�Stock�Broker,�an�additional�service�
fee�as�may�be�determined�by�the�Stock�Broker�from�time�to�time�for�using�the�Tele-trading�Facility.
2.�� The�Client�further�agrees�that�the�Stock�Broker�reserves�the�right�to�charge�separate�service�fee�for�using�the�Tele-trading�Facility,�above�certain�number�of� transaction(s)�done�using� the�Tele-trading�Facility.�
Applying�in�the�capacity�of�an�individual.�3.�� Before� the� commencement� of� the� Tele-trading� Facility,� and�
except�in�the�case�of�an�individual�or�a�sole�proprietor�acting�directly,� the�Client�shall�be� required� to�provide�details�of� the�person(s)� authorized� on� its� behalf� to� operate� the� Client's�account�on�behalf�of�the�Client�if�permitted�by�the�Stock�Broker�and� if� required� by� the� Stock� Broker,� provide� evidence,�satisfactory�to�the�Stock�Broker�in�respect�of�the�same.
4.�� Before�being�given�access�to�the�Tele-trading�Facility,�the�Client,�or�any�authorized�person�acting�on�behalf�of�the�Client,�may�be�required�to�provide�accurate�answers�to�the�questions�(if�any)�asked�by�the�Stock�Broker's�personnel�or�system�providing�the�Tele-trading�Facility,�for�ascertaining�the�authentication�of�the�caller� as� the�Client� or� Client's� authorized� representative.� The�Stock�Broker�shall�execute�the�request/order�for�the�Client�only�after�the�Client's�identity�has�been�verified�to�the�satisfaction�of�the� Stock� Broker.� The� Client� shall� ensure� that� the� user�identification� details� and� password� provided� by� the� Stock�Broker�are�not�misused.�The�Client�agrees�to�indemnify�and�hold�the�Stock�Broker�harmless�and�defended�for�any�unauthorized�usage�of�these�details.
5.�The�Client�hereby�authorises�the�Stock�Broker�to�use�the�Client�identificat ion/� registered� telephone� number/ � user�identification�number/TPIN�as�intimated�by�the�Client/�Client's�authorized� representative� as� method� of� verification� of� the�Client's� identity� as� caller� and� accordingly� for� the� purpose� of�
taking� instructions� and�executing� the�orders�placed�by� such�caller�over�the�phone.� �All�requests/orders�placed�by�the�Stock�Broker�on�behalf�of�the�Client�in�the�manner�prescribed�above�shall�be�deemed�to�have�been�authorized�and�placed�by�the�Client�himself/itself�and�shall�be�valid�and�binding�on�the�Client.��The�Client�understands�that�all�methods�of�identification�need�to�be�prompt�and�strictly�confidential� to�prevent�any�misuse�and� the� Client� shall� be� bound� by� all� such� transactions�irrespective�of�any�misuse.
6.�In�each�request/order,�the�Client�must�indicate�the�Exchange�on�which�the�Client�desires�the�order�be�executed.�All�day�orders�placed�during�market�hours�will�be�for�the�same�day�execution.�Orders�placed�aftermarket�hours�will�be�sent�for�execution�to�the�Exchange�on�the�next�trading�day.
7.� The� Client� agrees� that� orders,� instructions� and� other�communications�given�or�made�over� the� telephone,�may�be�routed�through�the�Stock�Broker's�interactive�voice�response�or�other� telephone� system� and�may� be� recorded� by� the� Stock�Broker.�
8.�The�Client�acknowledges�that�trading�through�telephone�may�involve� many� uncertain� factors� and� complex� hardware,�software� systems,� communication� lines,� etc� which� are�susceptible� to� interruptions� and� dislocations� and� the� Stock�Broker's�services�may�at�any�time�be�unavailable�without�further�notice.�The�Stock�Broker�makes�no�representation�or�warranty�that� the� services� will� be� available� to� the� Client� at� all� times�without� interruption.� � The� services� are� provided� on� an� “as�available”�basis�without�warranties�of�any�kind,�either�express�or�implied,�including,�without�limitation,�those�of�merchantability�and�fitness�for�a�particular�purpose.
9.� The� Client� acknowledges� that� he/it� is� fully� aware� of� and�understands�the�risks�associated�with�availing�of�the�services�for�routing�orders�over�the�telephone�including�the�risk�of�misuse�and� unauthorized� use� of� his/its� Client� identification� and/or�username�and/or�TPIN�by�a�third�party.�The�Client�agrees�that�he/it� shall� be� fully� liable� and� responsible� for� any� and� all�unauthorized�transactions�and�unauthorised�use�and�misuse�of�his/its�TPIN�and/or�username�and/or�user�identification.�
10.� The� Client� specifically� acknowledges� and� confirms� that:� � (a)�Sending� information�by� telephone� is� not� a� secure�means� of�sending� information� and� can� be� intercepted� and� tampered�with;� � (b)� The� Client� is� aware� of� the� nature� of� tele-communication�services.�
11.�The�Client�is�aware�that�he/it�has�the�option�of�not�availing�such�Facility.��However�being�fully�aware�of�all�risks,�the�Client�desires�the� convenience� of� such� Facility� of� transmitting� orders� and�instructions�using�Tele-trading�facility�and�has�therefore�opted�for� such�Facility�of�his/its�own� free�choice�and� is�willing�and�agreeable�to�bear�all�associated�risks,�responsibility�and�liability;
Client's�AcknowledgementI/�We�acknowledge�that�I/We�have�gone�through�and�understood�the��PSPL��standard��Terms�and�Conditions
Client�Signature��
2/1215
/20
Client�Name
PlaceD��D��M���M��Y��Y����Y���YDate�
44
RUNNING�ACCOUNT�AUTHORIZATION
I/We�will�be�regularly�trading�and�investing,�or�plan�to�do�so,�through�you�on�either/all�of�the�exchanges�&�inthe�applicable�segments.�To�facilitate�and�else�the�accounting�operations�I/we�expressly�authorize�you�as�under:
Authority:
1)�To�maintain�a�running�account�for�all�my/our�trades�through�all�the�exchanges,�instead�of�Settlement�to�settlement�clearance�of�dues�and�/or�delivery�of�securities�to�me/us.�I�agree�that�no�interest�shall�bepayable�by�you�on�the�credit�balances�that�may�arise�from�time�to�time�in�my/�our�account.
2)�To�retain�any/all�the�deliveries�of�shares�purchased�by�me�us�and/or�the�credit�amounts�due�to�me/us,�beyond�the�pay-out�date�time�interval�specified�by�the�relevant�authorities,�so�as�to�use�the�same�towards�margin�deposit,�inter�settlement�adjustment�of�my/our�present�and�future�obligation�and�also�retain�the�funds�expected�to�be�required�to�meet�my/our�margin�obligations�for�5�trading�days,�calculated�in�the�manner�specified�by�the�exchanges�and�or�inter-exchange�adjustment�of�my/our�obligations�or�up�to�such�time�that�I/We�ask�you�transfer/release�the�same�to�my/our�account.
3)�To�maintain�a�running�account�through�any/all�exchange(s)�/SEBI�Registered�Exchange(s)�towards�my/our�margin�obligations�and�/or�settlement�obligations�those�in�Cash/�Futures�&�options�segment�of�NSE,�BSE�and�other�exchanges.
4)�To�retain/hold�any/all�of�our�funds/securities�available�with�you�on�our�account,�till�such�time�that�I/we�request�you�to�release�the�same�within�one�working�day�or�three�working�days�if�the�same�are�lying�with�the�Clearing�Member/Clearing�Corporation.
5)�Automatically�adjust/appropriate�any/all�my/our�deliveries�of�securities�on�inter-settlement�basis�on�my/our�instructions,�either�oral�or�written�for�all�the�instances�where�any/all�securities�purchased�by�me/us,�are�still�lying�with�you�on�our�account.�I/we�agree�that�such�inter�settlement�adjustment�may�be�in�the�same�stock�exchange�or�across�the�exchanges.
Declaration/undertaking:We�also�state�that�any�dispute�if�arising�from�the�statement�of�account�or�statement�of�securities�or�settlement�so�made�as�herein�above�shall�be�brought�to�your�notice�preferably�within�7�working�days�from�the�date�of�receipt�of�funds/�securities�or�statement,�as�the�case�may�be�to�the�compliance�officer�at�the�office�of�PSPL.I/We�undertake�to�reconcile�our�accounts,�both�financial�and�securities�with�you�and�carry�out�the�actual�settlement�of�funds�&�securities�at�least�once�in�every�financial�quarter�or�month.I/We�state�that�I/We�may�revoke�the�above�authorization�with�you�at�any�time.�However,�I/We�further�state�and�confirm�that�the�aforesaid�authorization�would�be�remain�continue�till�It�will�be�revoked�by�me/us.I�/we�hereby�also�confirm�that�I�/�We�shall�have�no�rights�to�dispute�the�transaction,�funds�or�securities�ever�and�agree�that�you�shall�not�be�liable� for� any� accidental� loss/damage� caused� due� to� retention� of� funds� and/or� securities� upon� such� non-receipt� disputes�with� in�prescribed�time.I/we�confirm�that�we�would�like�to�receive�all�documents�including�the�statement�of�account�of�funds�&securities�that�has�to�be�furnished�to�me/us�at�the�contact�address/e-mail�id�furnished�by�us.I/We�declare�that�all�trade�entered�by�me/us�with�you�on�BSE�/�NSE�/�MCX�are�for�my�/�our�personal�/�family�account.�I/We�confirm�that�I�/�We�do�not�act�on�behalf�of�any�other�constituent�and�all�trades�executed�under�my/our�client�code�belong�to�me/us�and�that�we�do�not�issue�any�contracts/trade�confirmation�to�anyone.��Trading�of�all�Exchanges�is�in�Electronic�Mode,�based�on�VSAT,�leased�line,�ISDN,�Modem�and�VPN,�combination�of� technologies�and�computer� system�to�place�and� route�order.�We�understand� that� there�exists�a�possibility�of�communication�failure�or�system�problems�or�slow�or�delayed�response�from�system�or�trading�halt,�of�any�such�other�problem�/�glitch�whereby�not�being�able�to�establish�access�to�the�trading�system�/�network,�which�may�be�beyond�your�control�and�result�in�delay�in�processing�or�not�processing�buy�or�sell�order�either�in�part�or�in�full.�I�/�We�shall�be�fully�liable�and�responsible�for�any�such�problems�/�fault.�I�/�We�undertake�to�abide�by�all�the�requisite�Statutory�Provisions�and�shall�not�violate�or�contravene�any�of�the�provisions�of�the�Securities�and�Exchange�Board�of�India,�Act�and�the�various�Rules�and�Regulations�framed�there�under.�Similarly,�I�/We�undertake�to�abide�by�all�the�requisite� Statutory�Provisions� and� shall� not� violate�or� contravene� any�of� the�provisions�of� the� Exchange,� their� Rules,� Bye� laws� and�Regulation�and�any�other�Statutory�Act�that�may�be�in�force.
Thanking�you,
Yours�truly,Team�Compliance
Date:
To,Pentad�Securities�Private�Limited#2, In GS Point, Opp. Mumbai University CST Road, Santacruz (E),Mumbai - 400 098
Re-Letter�of�authority�for�maintaining�a�running�Account�for�me/us�in�the�cash�and�Equity�Derivativesegments�for�NSE&�BSE.
45
To,Pentad�Securities�Private�LimitedLevel-2�in�GS�Point,�Opp.�University�CampusCST�Road,�Kalina,�Santacruz�East,�Mumbai-400098
1.�Self�DeclarationI/We�have�to�activate�the�following�service(s)�on�my/our�account�on�my/our�registered�email�id�&�mobile�no.�with�the�company.
� Accounts�related�alerts/information�on�my/our�mobile�phone�number/s�&�email�id�registered�with�you�� Market�related�alerts/information�&�inform�about�new�products�on�my/our�mobile�phone�number/s�&�����������������e-mail�id�registered�with�you
I/We�hereby�confirm�that�I/we�have�taken�cognizance�of�SEBI�circular�CIR/�MIRSD/15/2011�dated�August�2,�2011�and�related�circulars�issued�by�the�Exchanges/�SEBI�in�this�regard�from�time�to�time.�We�hereby�confirm�our�mobile�number�and/or�email�address�as�stated�in�my�KYC�Form�and�/�or�such�other�mobile�no.�and/or�email�id�intimated�to�the�Company�from�time�to�time�for�the�purpose�of�receipt�of�SMS/email�alerts�directly�from�the�Exchanges�(NSE�/�BSE).
� I�want�to�receive�transaction�alerts�in�SMS�as�well�as�Email�from�NSE/�BSE�� I�want�to�receive�transaction�alerts�only�in�SMS�from�NSE/BSE�� I�want�to�receive�transaction�alerts�only�in�Email�from�NSE/�BSE�� I�do�not�want�to�receive�any�transaction�alerts�from�NSE/BSE�(Specify�Reason)�
2.�Family�Declaration�
I�and�my�family�members�hereby�request�that�mobile�number�being�_____________________________�and�email�ID�being______________________________________________,�belonging�to�undersigned�shall�be�considered�in�your�records�for�the�purpose�of�receiving�communication�from�you�or�Stock�Exchanges�with�regard�to�details�of�trading�transactions�executed�through�you�in�my�account.Thus,�any�communication�relating�to�our�trading�and�demat�account�should�be�sent�to�the�above�mentioned�mobile�number�and�e-mail�ID.�This�facility�shall�be�extended�to�us�as�an�exception,�for�our�convenience�of�receiving�transaction�details�at�a�single�mobile�number�and�e-mail�ID.�I�understand�that�for�the�purpose�of�availing�the�above�facility�“family”�means�self,�spouse,�dependent�children�and�dependent�parents.
The�above�details�shall�be�deemed�valid�till�any�change�is�requested�under�the�modification�process.
Client�Signature�
��Notes�:
1.� Corporate�clients�please�provide�mobile�number�of�any�of�your�Authorized�Signatory/Director.�2.� In�case�of�any�change�in�your�mobile�number�kindly�inform�us�in�writing�at�the�earliest.�
3.� Corporate�Clients�please�note�that�we�shall�not�be�liable�to�you�or�to�the�Authorised�Signatory�authorized�by�you�for�
receiving�SMS�in�case�we�continue�sending�SMS�to�Authorised�Signatory/Director�even�after�such�person�has�left�your�
organization.�
REGISTRATION�FORM�/�SMS�AND/OR�EMAIL�ALERTS
Master�Client�name Client�Code Relationship�with�Master�Client SignatureSL.No.
D��D��M���M��Y��Y����Y���Y������������������������������������PlaceDate�
17/2
0
46
CLIENT�INFORMATION�SHARINGTo,Pentad�Securities�Private�LimitedLevel-2�in�GS�Point,�Opp.�University�CampusCST�Road,�Kalina,�Santacruz�East,�Mumbai-400098
Dear�Sir,
Sub:�Sharing�of�Data�and�Information
I/We��have�opened�a�trading�account�with�PSPL�having�client�code�__________��and�am�/are�interested�in�knowing�about�various�financial�products�/facilities�offered�by�your�associate�/group�companies.�I/We�am/�are�aware�that�the�associate/group�companies�are�required�to�obtain�information�about�me/us�and�my/our�transactions�for�providing�various�financial�products�/facilities/�services.
I/We�hereby�voluntarily�accept�and�expressly�authorize�PSPL�to�get�the�information��from�any�other�depository�participant�with�whom�I/We�have�the�Demat�account�and�share/disclose�or�use�in�any�manner�,the�information/documents/data�about�me�/us�and�our�transactions�,with�group�of�associates�companies�which�is�offering�the�products/facilities.
I/We�authorize��you,�your�group�of�companies�and�associates�to�keep�with�us�informed�with�any�financial�product�which�Pentad,�its�group�companies�and�associates�presently�issue�,deal�in,�or�distribute�or�may,�from�time�to�time,�launch�issue,�deal�in�or�distribute�through�email,�SMS,�Telephone,�print�media�or�otherwise�as�may�be�allowed.I/We�have�no�objection�to�PSPL�sharing�the�above�information�or�any�such�other�information�about�me/us�with�its�group/associate�companies�or�affiliates.�This�is�without�legal�obligation�on�you,�your�group�companies�and�to�so�inform�and�you�or�they�may,�in�their�discretion,�discontinue�sending�such�information.���������������������������������������������
Client�Signature��
1
D��D��M���M��Y��Y����Y���Y ������������������������������������Place
Client�Name
18/20
Date�
47
Client�Name:
Client�Address:
Date:�
Pentad�Securities�Private�Limited1st�Floor,�Aramana�Arcade,�Bank�Road,Kasaragod,�Kerala�-�671121.
Sub:�Acknowledgment�of�Receipt�of�Copies�of�Documents�of�Trading�A/c�Opened�for�NSE/BSEDear�Madam/Sir,
I,____________________________________________(Name�of�Client),�hereby�acknowledge�the�receipt�of�the�copy�of�the�account�opening�Application�Form�executed�by�me�for�opening�Trading�Account�in�BSE/NSE�with�Pentad�Securities�Private�Limited.�Further�I�have�received�a�copy�of�the�following.
1.� Rights�and�Obligations�2.� Risk�Disclosures�Document�3.� Guidance�Note�4.� Policy�and�Procedures�5.� Additional�(voluntary)�Rights�and�Obligations�6.� Pentad�Tariff�Sheet�
Thanking�you,Sincerely
�Client�Signature�:�
Client�Acknowledgment�Letter
I�/we�have�read�all�the�above�documents�as�offered�by�Pentad�Securities�Private�Limited�and�have�understood�the�
same.�I�also�agree�to�abide�it�all�the�times.�For�Anti�Money�Laundering�Provisions�please�visit�the�website�or�financial�
Intelligence�Unit�(www.fiuindia.gov.in)�and�SECURITIES�AND�EXCHANGE�BOARD�OF�INDIA�(www.sebi.gov.in)
19/2
0
48
DECLARATION
To,Compliance�Officer,�Pentad�Securities�Pvt.�Ltd.Level-2,�In�GS�Point,�Near�Mumbai�University,�Kalina,�Mumbai-400098
Sub:�Declaration�for�the�entities�&�its�associated�persons
Dear�Sir,
I/We�wish�to�open�a�trading�account�with�Pentad�Securities�Pvt.�Ltd.�(herein�referred�as�PSPL�too)�and�for�the�same�purpose,�have�signed�and�delivered�an�account�opening�form�to�Pentad�Securities�Pvt.�Ltd..I/We��hereby�also�declare�&�assist�that�I/We�have�never�indulged�in�any�of�the�activity�which�comes�under�unfair�trade�practices�and�is�declared�as�illegal,�immoral�and�illicit�under�any�law�prevailing�in�India.�I�hereby�also�declare�that�I�have�an�___________________incorporation�and�I/We�have�never�been�declared�as�a�defaulter,�Dodger,�Insolvent,�Fraudster,�Hoaxer,�Swindler,�Imposter,�Fakester,�Perpetrator,�Money�launder,�SEBI�Debarred�entity,�Culprit,�Criminal,�Guilty�of�any�crime,�Expelled�from�any�activity,�UN�sanctioned�Individual,�Al�qaeda�list,�accused��in�any�crime/offence/misdeed/felony/misdemeanour�/wrongdoing��or�any�such�similar�act�or�activity�by�any�of�the�Regulatory/Investigative/Government/�Quasi�government/SRO/Law�enforcement�agencies�and�court�in�India�and�worldwide.��I/We�hereby�declare�that�I/We�deal/don't�deal�in�foreign�currency�and�all�my�source�of�Income�is�genuine�and�legitimate�as�per�law�prevailing�in�India.�I/We�also�state�that�I/We�am�using�my�own�fund�for�all�stock�market�trading�and�investment�and�in�no�way�using�the�third�party�funds�or�securities�for�transaction.��I/We��hereby�also�agree�and�confirm�that�everything�stated�above�is�true�and�correct.�I/We��will�be�solely�responsible�for�any�consequences�arising�out�of�the�points�stated�above�or�in�AOF�or�in�any�other�supporting�documents�provided�by�me�at�the�time�of�opening�the�account.�I/We�hereby�agree�to�indemnify�and�keep�PSPL�indemnified�at�all�times,�from�and�against�all�costs,�charges,�damages,�Penalties/fines,�fees�suffered�and/or�incurred�by�PSPL�for�any�act�done�or�omitted�to�be�done�based�on�above�declaration�&�AOF�data�and�documents.
Regards,
Client�Name������:�_______________________________________________________________________________________
Client�Address:�________________________________________________________________________________________
Mob:�________________________________________________________________________________________________
Company�Seal
D��D��M���M��Y��Y����Y���Y������������������������������������PlaceDate�
20/2
0