LALKAR SECURITIES PVT. LTD. · Certificate/Mark sheet issued by Higher Secondary Board/Passport of...

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INDEXINDEXINDEXINDEXINDEX

Branch: SB Code: Client Code: RO Code: RM Code: Deal. Code:

Photograph

5th Flr., Crescent Chambers,Tamarind Lane, Fort,

Mumbai - 400 001.Tel.: +91-22-2265 2626/3536

Fax : +91-22-2265 1642Email: [email protected]

MEMBER: BOMBAY STOCK EXCHANGE LIMITED.MEMBER: NATIONAL STOCK EXCHANGE OF INDIA LTD.MEMBER: MCX STOCK EXCHANGE LIMITED.

SEBIRegs.No.

F&O - INF010991133F&O - INF230991136

BSE Membership No.: 0739NSE Membership No.: 09911MCX-SX Membership No.: 55000

Cash-INB010991133Cash-INB230991136 Currency - INE230991136

Currency - INE260991136

LALKAR SECURITIES PVT. LTD.CASH / DERIVATIVES SEGMENT & CURRENCY SEGMENT

MANDATORY DOCUMENTS AS PRESCRIBED BY SEBI & EXCHANGE1. Instruction / Check List. Instruction / Check List for filling KYC form

4. Rights and Obligations Document stating the Rights & Obligations of stock broker/tradingmember, sub-broker and client for trading on exchanges (includ-ing additional rights & obligations in case of internet/wireless tech-nology based trading)

10 - 13

B. Document captures the additional information about theconstituent.

Sr.No. Name of the Document Brief Significance of the Document Pg. No.

VOLUNTARY DOCUMENTS AS PROVIDED BY THE STOCK BROKER

5. Risk Disclosure Document(RDD)

Document detailing risks associated with dealing in the securi-ties market.

6. Guidance note Document detailing do’s and don’ts for trading on exchange, forthe education of the investors. 17 -18

7. Policies and Procedures Document describing significant policies and procedures of thestock broker

19 - 20

14 -16

E-Statement Letter

10. Annexure - 3 Authority to maintain fund, securities on running account basis 22

12. Annexure - 5 23 - 24

3. Tariff Sheet Document detailing the rate/amount of brokerage and other chargeslevied on the client for trading on the stock exchange(s)

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Authority to Debit the Demat Account operation Charges11. Annexure - 4 22

HUF Declaration8. Annexure - 1 21Confirmation of HUF9. Annexure - 2 21

Online Trading Letter13. Annexure - 6 25Authority to Collect Bills / Contracts/ Cheques/ Ledger14. Annexure - 7 26

Declaration for Mobile No.15. Annexure - 8 26

Acknowledgement Letter16. Annexure - 9 27

1 - 3

2. KYC Form A. Document captures the basic information about theconstituent.

4 -8

l Instruction for Signature : Cf – Client’s full Signature l Sf – Sub-broker’s full Signature l I – Introducer’s full Signature

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A. IMPORTANT POINTS:1. Self attested copy of PAN card is mandatory for all clients, including Promoters/Partners/Karta/Trustees and whole

time directors and persons authorized to deal in securities on behalf of company/firm/others.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 properlyattested 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/OCI Card 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. Unique Identification Number (UID) (Aadhaar)/ Passport/ Voter ID card/ Driving license.2. PAN card with photograph.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, PublicFinancial Institutions, Colleges affiliated to Universities, Professional Bodies such as ICAI, ICWAI, ICSI, Bar Counciletc., 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 Co-

Operative Bank/Multinational Foreign Banks/Gazetted Officer/Notary public/Elected representatives to the Legisla-tive 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 Insti-tutions, Colleges affiliated to Universities and Professional Bodies such as ICAI, ICWAI, ICSI, Bar Council etc., to theirMembers.

7. For FII/sub account, Power of Attorney given by FII/sub-account to the Custodians (which are duly notarized and/orapostiled 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.

INSTRUCTIONS/CHECK LIST FOR FILLING KYC FORM

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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 Companiesregistered 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 suchverified 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-operative Bank or Multinational Foreign

Banks (Name, Designation & Seal should be affixed on the copy).2. In case of NRIs, authorized officials of overseas branches of Scheduled Commercial Banks registered in India,

Notary Public, Court Magistrate, Judge, Indian Embassy /Consulate General in the country where the client residesare permitted to attest the documents.

F. In case of Non-Individuals, additional documents to be obtained from non-individuals, over & above the POI& POA, as mentioned below:

Types of Entity Documentary Requirements

Corporate ••••• 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 takeover Regulations, duly certified by the companysecretary/Whole time director/MD (to be submitted every year).

••••• Photograph, POI, POA, PAN and DIN numbers of whole time directors/two directors in charge ofday 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.

Partnership firm ••••• 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.

Trust ••••• 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.

HUF ••••• 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.

Unincorporatedassociation or abody of individuals

••••• 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.

Banks/InstitutionalInvestors

••••• Copy of the constitution/registration or annual report/balance sheet for the last 2 financial years.••••• Authorized signatories list with specimen signatures.

Foreign InstitutionalInvestors (FII)

••••• Copy of SEBI registration certificate.••••• Authorized signatories list with specimen signatures.

Army GovernmentBodies

••••• Self-certification on letterhead.••••• Authorized signatories list with specimen signatures.

RegisteredSociety

••••• 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.

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G. ADDITIONAL DETAILS1. Additional documents in case of trading in derivatives segment - illustrative list:

Copy of ITR AcknowledgementIn case of salary income - Salary Slip, Copy of Form 16Copy of demat account holding statement.Any other relevant documents substantiating ownershipof assets.

Copy of Annual AccountsNet worth certificateBank account statement for last 6 monthsSelf declaration with relevant supportingdocuments

1. *In respect of other clients, documents as per risk management policy of the stock broker need to be provided by theclient from time to time.

2. Copy of cancelled cheque leaf/ pass book/bank statement specifying name of the constituent, MICR Code or/andIFSC Code of the bank should be submitted.

3. Demat master or recent holding statement issued by DP bearing name of the client.4. For individuals:

a. Stock broker has an option of doing ‘in-person’ verification through web camera at the branch office of thestock broker/sub-broker’s office.

b. In case of non-resident clients, employees at the stock broker’s local office, overseas can do in-person’verification. Further, considering the infeasibility of carrying out ‘In-person’ verification of the non-residentclients by the stock broker’s staff, attestation of KYC documents by Notary Public, Court, Magistrate, Judge,Local Banker, Indian Embassy / Consulate General in the country where the client resides may be permitted.

5. For non-individuals:a. Form need to be initialized by all the authorized signatories.b. Copy of Board Resolution or declaration (on the letterhead) naming the persons authorized to deal in

securities on behalf of company/firm/others and their specimen signatures.

Name of stock broker / trading member/clearing member

SEBI Registration No. and date

Registered office address

Compliance officer namephone no.email id

: LALKAR SECURITIES PVT. LTD.

: BSE : INB010991133: INF010991133

: NSE : INB230991136: INF230991136: INE230991136

: MCX-SX : INE260991136

: 5th Floor, Crescent Chambers,Tamarind Lane, Fort, Mumbai - 400 001.Tel. No: +91-22-2265 2626 / 2265 3536Fax : +91-22-2265 1642Email: [email protected]

: Mr. Bhavin Shah: 022-2265 2626 / 2265 3536: [email protected]

For any grievance/dispute please contact Lalkar Securities Pvt. Ltd. at the above address and contact us on +91-22-2265 2626or email us at [email protected] In case not satisfied with our response, please contact the concerned exchange(s) at:BSE : Phone No. 022-22721233/34 Email : [email protected] : Phone No. 022-6598190 Email : [email protected] : Phone No. 022-67319000 Email : [email protected]

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KNOW YOUR CLIENT (KYC) APPLICATION FORM MANDATORYPlease fill this form in ENGLISH and in BLOCK LETTERS.

Name of the ApplicantFather’s/Spouse NameGenderDate of BirthStatus

Marital Status

q Resident Individual q Non Resident q Foreign NationalNationality

q Male q Female q Married q Unmarried

Unique ID No. (Aadhar)Specify the proof of Identity submitted

PHOTOGRAPH

Please affix your recent passportsize photograph

and sign across it

PAN No.

IDENTITY DETAILS

Gross Annual Income details (please specify) : Income Range per annumq Upto Rs. 1,00,000/- q Rs. 1,00,001/- to Rs. 5,00,000/- q Rs. 5,00,001/- to Rs. 10,00,000/-q Rs. 10,00,001/- to Rs. 25,00,000/- q Above Rs. 25,00,001/-Net worth as on (date) :______________ (Rs._____________) (Net worth should not be older than 1 year)Occupation (pleasetick any one and givebrief details)Please tick, if applicable q Politically Exposed Person (PEP) q Related to a Politically Exposed Person (PEP)Any other information

OTHER DETAILS

I hereby declare that the details furnished above are true and correct to the best of my knowledge and beliefand I undertake to inform you of any changes therein, immediately. In case any of the above information isfound to be false or untrue or misleading or misrepresenting, I am aware that I may be held liable for it.NamePlace

SignatureDate

DECLARATION

q Private Sector q Public Sector q Government Service q Business q Studentq Professional q Agriculturist q Retired q Housewife q Others (Specify)_______

(Originals verified)True copies ofdocumentsreceived(Self-Attested)Self CertifiedDocument copiesreceived

Name

Signature

Designation

Date

Signature of the Authorised Signatory Seal / Stamp of the intemediaryq

q

FOR OFFICE USE ONLY

ADDRESS DETAILSCorps. Add. q Residence q Office

CityStateResi No.(s)Fax No. (s)Mobile No.

PinCountry

Off. No.(s)

Specify the proof of add. submitted for Corps. Add.,_________________________________________

Permn. Add.

CityStateResi No.(s)Fax No. (s)Email

PinCountry

Off. No.(s)

Specify the proof of add. submitted for PermanentAdd.,____________________________________

(If different from Corps. add or overseas add.mandatory for Non-Resi. Applicant)

For Individual

Cf 1/17

Cf 2/17

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KNOW YOUR CLIENT (KYC) APPLICATION FORM MANDATORY

FOR OFFICE USE ONLYSignature of the Authorised Signatory Seal/Stamp of the intermediaryq (Original verified True

copies of documentsreceived)

q (Self-Attested) SelfCertified Docuementcopies received

NameSignatureDesignationDate

Gross Annual Income details (please specify) : Income Range per annumOTHER DETAILS

q Below Rs. 1,00,000/- q Rs. 1,00,001/- to Rs. 5,00,000/- q Rs. 5,00,001/- to Rs. 10,00,000/-q Rs. 10,00,001/- to Rs. 25,00,000/- q Rs. 25,00,001/- to Rs.1 CroreNet worth as on Date :______________ Rs._______________ (Net worth should not be older than 1 year)Name, PAN, residential address and photograph of Promoters/Partners/Karta/Trustees andWhole time Directors Please provide details on Annexure-A attached.

q > Rs.1 Crore

DIN/UID of Promoters/Partners/Karta and Whole time Directors:___________________________

IDENTITY DETAILS

Status (please tick any one) : Private Ltd. Co./Public Ltd. Co./Body Corporate/Partnership/Trust/Charities/NGO’S/

Corps. Add.ADDRESS DETAILS

CityStateResi No.(s)Fax No. (s)Mobile No.Email

PinCountry

Off. No.(s)

Specify the proof of add. submitted for Corps. Add.

Regd. Add. (If different from Corps. add)

CityStateResi No.(s)Fax No. (s)Mobile No.Email

PinCountry

Off. No.(s)

Specify the proof of add. submitted for Regd. Add.

Please fill this form in ENGLISH and in BLOCK LETTERS.

Name of the ApplicantDate of IncorporationDate of Commencement of BusinessPAN No.

Place of Incorporation

Registration No. (eg. CIN)

FI/FII/HUF/AOP/Bank/Government Body/Non-Government Organization/Defense Establishment/BOI/Society/LLP/Others (please specify)

Please tick, if applicable, for any of your authorized signatories/Promoters/Partners/Karta/Trustees/Whole timeDirectors: Politically Exposed Person (PEP)/ Related to a Politically Exposed Person (PEP)Any other Information

I hereby declare that the details furnished above are true & correct to the best of my knowledge and belief.I undertake to inform you of any changes therein, immediately. In case any of the above information isfound to be false or untrue or misleading or misrepresenting. I am aware that I may be held liable for it.

DECLARATION

Name:Place: Date: Signature

For Non -Individual

Cf 1/17

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Annexure - APhotographs of Promoters/Partners/Karta/Trustees and Whole time Directors and Persons authorized to deal in securities

MANDATORY

NameResidential Address

Telephone No.Income Tax PAN No.

UID

Sign across thephotograph

excluding face

Promoters/Partner/Karta/Trustees/ Whole time Directors/Authorised Person

Mobile

DIN



UID


excluding face


Mobile

DINCf 2/17



UID


excluding face


Mobile

DINCf 2/17



UID


excluding face


Mobile

DINCf 2/17



UID


excluding face


Mobile

DINCf 2/17

Cf 2/17

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Please provide Cancelled Cheque leaf for MICR & IFSC Code

For Individuals & Non-Individuals MANDATORY

Shares bought by you will be transferred to your DPA/c stated by you at Sr. No. 1

Depository Participant Name DP Account No.DP ID No.Sr.No.

DepositoryName

X1.

2.

NSDL / CDSL

NSDL / CDSL

DEPOSITORY ACCOUNT(S) DETAILS

* Please sign in the relevant boxes where you wish to trade. The segment not chosen should be struck offby the client.

# If, in future, the client wants to trade on any new segment / new exchange, separate authorization /letter should be taken from the client by the stock broker.

Ex. Segment Cash Derivatives Currency Derivatives

BSE

MCX - SX

NSE

TRADING PREFERENCES

Details of any action / proceedings initiated / pending / taken by SEBI / Stock exchange/ any other author-ity against the applicant /constituent or its Partners / Promoters / Whole time Directors / AuthorisedPersons in charge of dealing in securities during the last 3 years.__________________________________

_____________________________________________________________________________________

PAST ACTIONS

DEALING THROUGH SUB-BROKERS AND OTHER STOCK BROKERS

X

Bank Name, Branch Add. &Tel. No.

Bank AccountNo.

AccountType:

No. MICRNumber

IFSCCode

1.

2.

BANK ACCOUNT(S) DETAILS

If client is dealing through the sub-broker, provide the following details:

BSE SEBI Regn. No.

Regd. Off.Address

SignatureTel. No.Fax No.

Website

NSE SEBI Regn. No.

MCX-SX SEBI Regn. No.

Remisier / AP______

Remisier / AP______Remisier / AP______

Whether dealing with any other stock broker/sub-broker (if case dealing with multiple stock brokers/sub-brokers, provide details of all)

Details of disputes/dues pending from/to such stock broker/sub-broker:

Name ofStock Broker

Name ofSub-Broker,if any

ClientCode Exchange

Name

Cf 3/17

Cf 3/17

Cf 3/17

Cf 3/17

Cf 3/17

Cf 3/17

Cf 3/17

Cf 3/17

Cf 3/17

Sf 1/2

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Whether you wish to receive communication from Member in electronic form on your Email-id :q Yes q No : If Yes then fill in Annexure - 5

Whether you wish to avail of the facility of internet trading/ wireless technology (Please Tick):q Yes q No

Number of years of Investment/Trading Experience:

Any other information

Name of Nominee

q I / We wish to nominate

Address

q I / We do not wish to nominate

If Nominee is a minor, details of Guardian

Name of Guardian

Address & Tel No.

Witnesses (Only applicable in case the account holder has made nomination)

Relation with NomineePAN No.

Date of Birth

Tel. No.

Signature ofGuardian

NameAddressSignature

NameAddressSignature

1. I/We hereby declare that the details furnished above are true and correct to the best of my/ourknowledge and belief and I/we undertake to inform you of any changes therein, immediately. In caseany 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.

2. I/We confirm having read/been explained and understood the contents of the document on policyand 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), ‘Risk Disclosure Document’ and Guide Note - Do’s and Dont’s. I/We do hereby agreeto be bound by such provisions as outlined in these documents. I/We have also been informed thatthe standard set of documents has been displayed for Information on stock broker’s designatedwebsite, if any.

Name

Place Signature of Client / Authorised SignatoryDate

ADDITIONAL DETAILS

INTRODUCER DETAILS (Optional)

NOMINATION DETAILS (FOR INDIVIDUAL ONLY)

DECLARATION

Add. / Tel.

Name

Status of the Introducer Sub Broker / Remisier / Authorized Person / Existing Client / Other please specify_________

Signature I 1/1

Cf 4/17

PAN No.

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UCC Code allotted to the Client :_______________________________________Documents verified with Originals / In-Person Verificationdone byName

Signature

Designation

Date

Employee Code

I/We undertake that we have made the client aware of ‘Policy and Procedures’, tariff sheet and all the non-mandatory documents.I/We have also made the client aware of ‘Rights and Obligations’ document (s), RDD and Guide Note, Do’sand Dont’s. I/We have given/sent him a copy of all the KYC documents. I/We undertake that any change inthe ‘Policy and Procedures’, tariff sheet and all the non-mandatory documents would be duly intimated tothe clients. I/We also undertake that any change in the ‘Rights and Obligations’, RDD and Guide Note, Do’sand Dont’s would be made available on my/our website, if any, for the information of the clients.

Date______________________

Client Interviewed / Approved by

FOR OFFICE USE ONLY

Signature of the Authorised Signatory Seal/Stamp of the stock broker

Signature of Sub-broker /Authorised Person / Introducer

Client’s Signature

• The above rates are exclusive of transaction charge, Stamp Duty, Securities Transaction Tax andService Tax which will be charged extra at the rate prevailing from time to time.

• The General rates as mentioned here shall be applied unless the special rates as may be agreed bythesub-broker/Authorised Person/Introducer and client and the same are mentioned here.

I/We agree that the above brokerage rates for the respective Exchanges/Segments would be appli-cable to me/us.

Any change/request for change in the above would only be in writing by me/us and the above rateswould be binding upon me/us till that time.

1st Leg 2nd Leg

Segment %age Min (p)/Rs. PerContract

%age Min (p)/Rs. PerContract

TradingDeliveryEquity FuturesNifty OptionsEquity OptionsCurrency DerivativesSpecial Rate

APPLICABLE BROKERAGE RATE

Cf 5/17

+++++

Sf 2/2

Authorised Signatory+++++

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1. The client shall invest/trade in those securities/con-tracts/other instruments admitted to dealings on theExchanges as defined in the Rules, Byelaws and Regu-lations of Exchanges/ Securities and Exchange Boardof India (SEBI) and circulars/notices issued there un-der from time to time.

2. The stock broker, sub-broker and the client shall bebound by all the Rules, Byelaws and Regulations ofthe Exchange and circulars/notices issued there un-der and Rules and Regulations of SEBI and relevantnotifications of Government authorities as may be inforce from time to time.

3. The client shall satisfy itself of the capacity of the stockbroker to deal in securities and/or deal in derivativescontracts and wishes to execute its orders through thestock broker and the client shall from time to time con-tinue to satisfy itself of such capability of the stock bro-ker before executing orders through the stock broker.

4. The stock broker shall continuously satisfy itself aboutthe genuineness and financial soundness of the clientand investment objectives relevant to the services tobe provided.

5. The stock broker shall take steps to make the clientaware of the precise nature of the Stock broker’s li-ability for business to be conducted, including any limi-tations, the liability and the capacity in which the stockbroker acts.

6. The sub-broker shall provide necessary assistanceand co-operate with the stock broker in all its dealingswith the client(s).

CLIENT INFORMATION7. The client shall furnish all such details in full as are

required by the stock broker in “Account OpeningForm” with supporting details, made mandatory bystock exchanges/SEBI from time to time.

8. The client shall familiarize himself with all the manda-tory provisions in theAccount Opening documents.Anyadditional clauses or documents specified by the stockbroker shall be non-mandatory, as per terms & condi-tions accepted by the client.

9. The client shall immediately notify the stock broker inwriting if there is any change in the information in the‘account opening form’ as provided at the time of ac-count opening and thereafter; including the informa-tion on winding up petition/insolvency petition or anylitigation which may have material bearing on his ca-pacity. The client shall provide/update the financialinformation to the stock broker on a periodic basis.

10. The stock broker and sub-broker shall maintain all thedetails of the client as mentioned in the account open-ing form or any other information pertaining to the cli-ent, confidentially and that they shall not disclose thesame to any person/authority except as required un-der any law/regulatory requirements.

RIGHTS AND OBLIGATIONS OF STOCK BROKERS, SUB-BROKERS AND CLIENTS(as prescribed by SEBI and Stock Exchanges )

Provided however that the stock broker may so discloseinformation about his client to any person or authoritywith the express permission of the client.

MARGINS11. The client shall pay applicable initial margins, withhold-

ing margins, special margins or such other margins asare considered necessary by the stockbroker or theExchange or as may be directed by SEBI from time totime as applicable to the segment(s) in which the clienttrades. The stock broker is permitted in its sole andabsolute discretion to collect additional margins (eventhough not required by the Exchange, Clearing House/Clearing Corporation or SEBI) and the client shall beobliged to pay such margins within the stipulated time.

12. The client understands that payment of margins by theclient does not necessarily imply complete satisfactionof all dues. In spite of consistently having paid margins,the client may, on the settlement of its trade, be obligedto pay (or entitled to receive) such further sums as thecontract may dictate/require.

TRANSACTIONS AND SETTLEMENTS13. The client shall give any order for buy or sell of a secu-

rity/derivatives contract in writing or in such form or man-ner, as may be mutually agreed between the client andthe stock broker. The stock broker shall ensure to placeorders and execute the trades of the client, only in theUnique Client Code assigned to that client.

14. The stock broker shall inform the client and keep himapprised about trading/settlement cycles, delivery/pay-ment schedules, any changes therein from time to time,and it shall be the responsibility in turn of the client tocomply with such schedules/procedures of the relevantstock exchange where the trade is executed.

15. The stock broker shall ensure that the money/securi-ties deposited by the client shall be kept in a separateaccount, distinct from his/its own account or account ofany other client and shall not be used by the stock bro-ker for himself/itself or for any other client or for anypurpose other than the purposes mentioned in Rules,Regulations, circulars, notices, guidelines of SEBI and/or Rules, Regulations, Bye-laws, circulars and noticesof Exchange.

16. Where the Exchange(s) cancels trade(s) suo moto allsuch trades including the trade/s done on behalf of theclient shall ipso facto stand cancelled, stock broker shallbe entitled to cancel the respective contract(s) withclient(s).

17. The transactions executed on the Exchange are sub-ject to Rules, Byelaws and Regulations and circulars/notices issued thereunder of the Exchanges where thetrade is executed and all parties to such trade shallhave submitted to the jurisdiction of such court as maybe specified by the Byelaws and Regulations of the Ex-changes where the trade is executed for the purpose of

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giving effect to the provisions of the Rules, Byelawsand Regulations of the Exchanges and the circulars/notices issued thereunder.

BROKERAGE18. The Client shall pay to the stock broker brokerage and

statutory levies as are prevailing from time to time andas they apply to the Client’s account, transactions andto the services that stock broker renders to the Client.The stock broker shall not charge brokerage morethan the maximum brokerage permissible as per therules, regulations and bye-laws of the relevant stockexchanges and/or rules and regulations of SEBI.

LIQUIDATION AND CLOSE OUT OF POSITION19. Without prejudice to the stock broker’s other rights (in-

cluding the right to refer a matter to arbitration), theclient understands that the stock broker shall be en-titled to liquidate/close out all or any of the client’s po-sitions for non-payment of margins or other amounts,outstanding debts, etc. and adjust the proceeds of suchliquidation/close out, if any, against the client’s liabili-ties/obligations. Any and all losses and financialcharges on account of such liquidation/closing-outshall be charged to and borne by the client.

20. In the event of death or insolvency of the client or his/itsotherwise becoming incapable of receiving and pay-ing for or delivering or transferring securities whichthe client has ordered to be bought or sold, stock bro-ker may close out the transaction of the client andclaim losses, if any, against the estate of the client.The client or his nominees, successors, heirs andassignee shall be entitled to any surplus which mayresult there from. The client shall note that transfer offunds/securities in favor of a Nominee shall be validdischarge by the stock broker against the legal heir.

21. The stock broker shall bring to the notice of the rel-evant Exchange the information about default in pay-ment/delivery and related aspects by a client. In casewhere defaulting client is a corporate entity/partner-ship/proprietary firm or any other artificial legal entity,then the name(s) of Director(s)/Promoter(s)/Partner(s)/Proprietor as the case may be, shall also be commu-nicated by the stock broker to the relevant Exchange(s).

DISPUTE RESOLUTION22. The stock broker shall provide the client with the rel-

evant contact details of the concerned Exchanges andSEBI.

23. The stock broker shall co-operate in redressing griev-ances of the client in respect of all transactions routedthrough it and in removing objections for bad deliveryof shares, rectification of bad delivery, etc.

24. The client and the stock broker shall refer any claimsand/or disputes with respect to deposits, margin money,etc., to arbitration as per the Rules, Byelaws and Regu-lations of the Exchanges where the trade is executedand circulars/notices issued thereunder as may be inforce from time to time.

25. The stock broker shall ensure faster settlement of anyarbitration proceedings arising out of the transactionsentered into between him vis-à-vis the client and heshall be liable to implement the arbitration awards madein such proceedings.

26. The client/stock-broker understands that the instruc-tions issued by an authorized representative for disputeresolution, if any, of the client/stock-broker shall be bind-ing on the client/stock-broker in accordance with theletter authorizing the said representative to deal on be-half of the said client/stock-broker.

TERMINATION OF RELATIONSHIP27. This relationship between the stock broker and the cli-

ent shall be terminated; if the stock broker for any rea-son ceases to be a member of the stock exchange in-cluding cessation of membership by reason of the stockbroker’s default, death, resignation or expulsion or if thecertificate is cancelled by the Board.

28. The stock broker, sub-broker and the client shall beentitled to terminate the relationship between them with-out giving any reasons to the other party, after givingnotice in writing of not less than one month to the otherparties. Notwithstanding any such termination, all rights,liabilities and obligations of the parties arising out of orin respect of transactions entered into prior to the termi-nation of this relationship shall continue to subsist andvest in/be binding on the respective parties or his/itsrespective heirs, executors, administrators, legal repre-sentatives or successors, as the case may be.

29. In the event of demise/insolvency of the sub-broker orthe cancellation of his/its registration with the Board or/withdrawal of recognition of the sub-broker by the stockexchange and/or termination of the agreement with thesub broker by the stock broker, for any reason whatso-ever, the client shall be informed of such terminationand the client shall be deemed to be the direct client ofthe stock broker and all clauses in the ‘Rights and Ob-ligations’ document(s) governing the stock broker, sub-broker and client shall continue to be in force as it is,unless the client intimates to the stock broker his/itsintention to terminate their relationship by giving a no-tice in writing of not less than one month.

ADDITIONAL RIGHTSAND OBLIGATIONS30. The stock broker shall ensure due protection to the cli-

ent regarding client’s rights to dividends, rights or bo-nus shares, etc. in respect of transactions routed throughit and it shall not do anything which is likely to harm theinterest of the client with whom and for whom they mayhave had transactions in securities.

31. The stock broker and client shall reconcile and settletheir accounts from time to time as per the Rules, Regu-lations, Bye Laws, Circulars, Notices and Guidelinesissued by SEBI and the relevant Exchanges where thetrade is executed.

32. The stock broker shall issue a contract note to his con-stituents for trades executed in such format as may beprescribed by the Exchange from time to time contain-

12

ing records of all transactions including details of or-der number, trade number, trade time, trade price, tradequantity, details of the derivatives contract, client code,brokerage, all charges levied etc. and with all otherrelevant details as required therein to be filled in andissued in such manner and within such time as pre-scribed by the Exchange. The stock broker shall sendcontract notes to the investors within one working dayof the execution of the trades in hard copy and/or inelectronic form using digital signature.

33. The stock broker shall make pay out of funds or deliv-ery of securities, as the case may be, to the Clientwithin one working day of receipt of the payout fromthe relevant Exchange where the trade is executedunless otherwise specified by the client and subject tosuch terms and conditions as may be prescribed bythe relevant Exchange from time to time where thetrade is executed.

34. The stock broker shall send a complete ‘Statement ofAccounts’ for both funds and securities in respect ofeach of its clients in such periodicity and format withinsuch time, as may be prescribed by the relevant Ex-change, from time to time, where the trade is executed.The Statement shall also state that the client shall re-port errors, if any, in the Statement within such time asmay be prescribed by the relevant Exchange from timeto time where the trade was executed, from the receiptthereof to the Stock broker.

35. The stock broker shall send daily margin statementsto the clients. Daily Margin statement should include,inter-alia, details of collateral deposited, collateral uti-lized and collateral status (available balance/due fromclient) with break up in terms of cash, Fixed DepositReceipts (FDRs), Bank Guarantee and securities.

36. The Client shall ensure that it has the required legalcapacity to, and is authorized to, enter into the rela-tionship with stock broker and is capableof perform-ing his obligations and undertakings hereunder. Allactions required to be taken to ensure compliance ofall the transactions, which the Client may enter intoshall be completed by the Client prior to such transac-tion being entered into.

ELECTRONIC CONTRACT NOTES (ECN)37. In case, client opts to receive the contract note in elec-

tronic form, he shall provide an appropriate e-mail idto the stock broker. The client shall communicate tothe stock broker any change in the email-id through aphysical letter. If the client has opted for internet trad-ing, the request for change of email id may be madethrough the secured access by way of client specificuser id and password.

38. The stock broker shall ensure that all ECNs sentthrough the e-mail shall be digitally signed, encrypted,non-tamper able and in compliance with the provi-sions of the IT Act, 2000. In case, ECN is sent throughe-mail as an attachment, the attached file shall alsobe secured with the digital signature, encrypted andnon-tamperable.

39. The client shall note that non-receipt of bounced mailnotification by the stock broker shall amount to deliv-ery of the contract note at the e-mail IDofthe client.

40. The stock broker shall retain ECN andacknowledgement of the e-mail in a soft and non-tamperable form in the manner prescribed by the ex-change in compliance with the provisions of the ITAct,2000 and as per the extant rules/regulations/circulars/guidelines issued by SEBI/Stock Exchanges from timeto time. The proof of delivery i.e., log report generatedby the system at the time of sending the contract notesshall be maintained by the stock broker for the speci-fied period under the extant regulations of SEBI/stockexchanges. The log report shall provide the details ofthe contract notes that are not delivered to the client/e-mails rejected or bounced back. The stock broker shalltake all possible steps to ensure receipt of notificationof bounced mails by him at all times within the stipu-lated time period under the extant regulations of SEBI/stock exchanges.

41. The stock broker shall continue to send contract notesin the physical mode to such clients who do not opt toreceive the contract notes in the electronic form. Wher-ever the ECNs have not been delivered to the client orhas been rejected (bouncing of mails) by the e-mail IDof the client, the stock broker shall send a physicalcontract note to the client within the stipulated timeunder the extant regulations of SEBI/stock exchangesand maintain the proof of delivery of such physicalcontract notes.

42. In addition to the e-mail communication of the ECNsto the client, the stock broker shall simultaneously pub-lish the ECN on his designated web-site, if any, in asecured way and enable relevant access to the clientsand for this purpose, shall allot a unique user nameand password to the client, with an option to the clientto save the contract note electronically and/or take aprint out of the same.

LAW AND JURISDICTION43. In addition to the specific rights set out in this docu-

ment, the stock broker, sub-broker and the client shallbe entitled to exercise any other rights which the stockbroker or the client may have under the Rules, Bye-laws and Regulations of the Exchanges in which theclient chooses to trade and circulars/notices issuedthereunder or Rules and Regulations of SEBI.

44. The provisions of this document shall always be sub-ject to Government notifications, any rules, regulations,guidelines and circulars/notices issued by SEBI andRules, Regulations and Bye laws of the relevant stockexchanges, where the trade is executed, that may bein force from time to time.

45. The stock broker and the client shall abide by anyaward passed by theArbitrator(s) under theArbitrationand ConciliationAct, 1996. However, there is also aprovision of appeal within the stock exchanges, if ei-ther party is not satisfied with the arbitration award.

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Cf 6/17

46. Words and expressions which are used in this docu-ment but which are not defined herein shall, unlessthe context otherwise requires, have the same mean-ing as assigned thereto in the Rules, Byelaws andRegulations and circulars/notices issued thereunderof the Exchanges/SEBI.

47. All additional voluntary clauses/document added bythe stock broker should not be in contravention withrules/regulations/notices/circulars of Exchanges/SEBI.Any changes in such voluntary clauses/document(s)need to be preceded by a notice of 15 days. Any changesin the rights and obligations which are specified byExchanges/SEBI shall also be brought to the notice ofthe clients.

48. If the rights and obligations of the parties hereto arealtered by virtue of change in Rules and regulations ofSEBI or Bye-laws, Rules and Regulations of the rel-evant stock Exchanges where the trade is executed,such changes shall be deemed to have been incorpo-rated herein in modification of the rights and obliga-tions of the parties mentioned in this document.

INTERNET & WIRELESS TECHNOLOGY BASED TRAD-ING FACILITY PROVIDED BY STOCK BROKERS TOCLIENT(All the clauses mentioned in the ‘Rights and Obligations’document(s) shall be applicable. Additionally, the clausesmentioned herein shall also be applicable.)1. Stock broker is eligible for providing Internet based

trading (IBT) and securities trading through the use ofwireless technology that shall include the use of de-vices such as mobile phone, laptop with data card,etc. which use Internet Protocol (IP). The stock brokershall comply with all requirements applicable tointernet based trading/securities trading using wire-less technology as may be specified by SEBI & theExchanges from time to time.

2. The client is desirous of investing/trading in securitiesand for this purpose, the client is desirous of usingeither the internet based trading facility or the facilityfor securities trading through use of wireless technol-ogy. The Stock broker shall provide the Stock broker’sIBT Service to the Client, and the Client shall avail ofthe Stock broker’s IBT Service, on and subject to SEBI/Exchanges Provisions and the terms and conditionsspecified on the Stock broker’s IBT Web Site providedthat they are in line with the norms prescribed by Ex-changes/SEBI.

3. The stock broker shall bring to the notice of client thefeatures, risks, responsibilities, obligations and liabili-ties associated with securities trading through wire-less technology/internet/smart order routing or any othertechnology should be brought to the notice of the cli-ent by the stock broker.

4. The stock broker shall make the client aware that theStock Broker’s IBT system itself generates the initialpassword and its password policy as stipulated in linewith norms prescribed by Exchanges/SEBI.

5. The Client shall be responsible for keeping theUsername and Password confidential and secure andshall be solely responsible for all orders entered andtransactions done by any person whosoever throughthe Stock broker’s IBT System using the Client’sUsername and/or Password whether or not such per-son was authorized to do so. Also the client is awarethat authentication technologies and strict securitymeasures are required for the internet trading/securi-ties trading through wireless technology through orderrouted system and undertakes to ensure that the pass-word of the client and/or his authorized representativeare not revealed to any third party including employ-ees and dealers of the stock broker.

6. The Client shall immediately notify the Stock broker inwriting if he forgets his password, discovers securityflaw in Stock Broker’s IBT System, discovers/suspectsdiscrepancies/ unauthorized access through hisusername/password/account with full details of suchunauthorized use, the date, the manner and the trans-actions effected pursuant to such unauthorized use,etc.

7. The Client is fully aware of and understands the risksassociated with availing of a service for routing ordersover the internet/securities trading through wirelesstechnology and Client shall be fully liable and respon-sible for any and all acts done in the Client’s Username/password in any manner whatsoever.

8. The stock broker shall send the order/trade confirma-tion through email to the client at his request. Theclient is aware that the order/ trade confirmation isalso provided on the web portal. In case client is trad-ing using wireless technology, the stock broker shallsend the order/trade confirmation on the device of theclient.

9. The client is aware that trading over the internet in-volves many uncertain factors and complex hardware,software, systems, communication lines, peripherals,etc. are susceptible to interruptions and dislocations.The Stock broker and the Exchange do not make anyrepresentation or warranty that the Stock broker’s IBTService will be available to the Client at all times with-out any interruption.

10. The Client shall not have any claim against the Ex-change or the Stock broker on account of any suspen-sion, interruption, non-availability or malfunctioning ofthe Stock broker’s IBT System or Service or theExchange’s service or systems or non-execution ofhis orders due to any link/system failure at the Client/Stock brokers/Exchange end for any reason beyondthe control of the stock broker/Exchanges.

Date :

Signature

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RISK DISCLOSURE DOCUMENT FOR CAPITAL MARKET AND DERIVATIVES SEGMENTS

This document contains important information on tradingin Equities/Derivatives Segments of the stock exchanges.All prospective constituents should read this document be-fore trading in Equities/Derivatives Segments of the Ex-changes.Stock exchanges/SEBI does neither singly or jointly and ex-pressly nor impliedly guarantee nor make any representationconcerning the completeness, the adequacy or accuracy ofthis disclosure document nor have Stock exchanges /SEBIendorsed or passed any merits of participating in the tradingsegments. This brief statement does not disclose all the risksand other significant aspects of trading.In the light of the risks involved, you should undertake transac-tions only if you understand the nature of the relationship intowhich you are entering and the extent of your exposure to risk.You must know and appreciate that trading in Equity shares,derivatives contracts or other instruments traded on the StockExchange, which have varying element of risk, is generallynot an appropriate avenue for someone of limited resources/limited investment and/or trading experience and low risktolerance. You should therefore carefully consider whethersuch trading is suitable for you in the light of your financialcondition. In case you trade on Stock exchanges and sufferadverse consequences or loss, you shall be solely respon-sible for the same and Stock exchanges/its Clearing Corpo-ration and/or SEBI shall not be responsible, in any mannerwhatsoever, for the same and it will not be open for you totake a plea that no adequate disclosure regarding the risksinvolved was made or that you were not explained the fullrisk involved by the concerned stock broker. The constituentshall be solely responsible for the consequences and nocontract can be rescinded on that account. You must ac-knowledge and accept that there can be no guarantee ofprofits or no exception from losses while executing ordersfor purchase and/or sale of a derivative contract being tradedon Stock exchanges.It must be clearly understood by you that your dealings onStock exchanges through a stock broker shall be subject toyour fulfilling certain formalities set out by the stock broker,which may inter alia include your filling the know your clientform, reading the rights and obligations, do’s and don’ts,etc., and are subject to the Rules, Byelaws and Regulationsof relevant Stock exchanges, its Clearing Corporation, guide-lines prescribed by SEBI and in force from time to time andCirculars as may be issued by Stock exchanges or its Clear-ing Corporation and in force from time to time.Stock exchanges does not provide or purport to provide anyadvice and shall not be liable to any person who enters into anybusiness relationship with any stock broker of Stock exchangesand/or any third party based on any information contained inthis document.Any information contained in this document mustnot be construed as business advice. No consideration to tradeshould be made without thoroughly understanding and review-ing the risks involved in such trading. If you are unsure, you mustseek professional advice on the same.

In considering whether to trade or authorize someone to tradefor you, you should be aware of or must get acquainted with thefollowing:-1. BASIC RISKS:1.1 Risk of Higher Volatility:

Volatility refers to the dynamic changes in price that asecurity/derivatives contract undergoes when tradingactivity continues on the Stock Exchanges. Generally,higher the volatility of a security/derivatives contract,greater is its price swings. There may be normally greatervolatility in thinly traded securities / derivatives contractsthan in active securities /derivatives contracts. As a re-sult of volatility, your order may only be partially executedor not executed at all, or the price at which your ordergot executed may be substantially different from the lasttraded price or change substantially thereafter, result-ing in notional or real losses.

1.2 Risk of Lower Liquidity:Liquidity refers to the ability of market participants to buyand/or sell securities / derivatives contracts expeditiouslyat a competitive price and with minimal price differ-ence. Generally, it is assumed that more the numbersof orders available in a market, greater is the liquidity.Liquidity is important because with greater liquidity, it iseasier for investors to buy and/or sell securities / deriva-tives contracts swiftly and with minimal price difference,and as a result, investors are more likely to pay or re-ceive a competitive price for securities / derivatives con-tracts purchased or sold. There may be a risk of lowerliquidity in some securities / derivatives contracts ascompared to active securities / derivatives contracts. Asa result, your order may only be partially executed, ormay be executed with relatively greater price differenceor may not be executed at all.

1.2.1 Buying or selling securities / derivatives contracts aspart of a day trading strategy may also result into losses,because in such a situation, securities / derivatives con-tracts may have to be sold / purchased at low / highprices, compared to the expected price levels, so asnot to have any open position or obligation to deliver orreceive a security / derivatives contract.

1.3 Risk of Wider Spreads:Spread refers to the difference in best buy price andbest sell price. It represents the differential between theprice of buying a security / derivatives contract and im-mediately selling it or vice versa. Lower liquidity andhigher volatility may result in wider than normal spreadsfor less liquid or illiquid securities / derivatives contracts.This in turn will hamper better price formation.

1.4 Risk-reducing orders:The placing of orders (e.g., “stop loss” orders, or “limit”orders) which are intended to limit losses to certainamounts may not be effective many a time becauserapid movement in market conditions may make it im-possible to execute such orders.

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1.4.1 A “market” order will be executed promptly, subject toavailability of orders on opposite side, without regardto price and that, while the customer may receive aprompt execution of a “market” order, the executionmay be at available prices of outstanding orders,which satisfy the order quantity, on price time priority.It may be understood that these prices may be sig-nificantly different from the last traded price or thebest price in that security / derivativescontract.

1.4.2 A “limit” order will be executed only at the “limit” pricespecified for the order or a better price. However, whilethe customer receives price protection, there is a pos-sibility that the order may not be executed at all.

1.4.3 A stop loss order is generally placed “away” from thecurrent price of a stock / derivatives contract, andsuch order gets activated if and when the security /derivatives contract reaches, or trades through, thestop price. Sell stop orders are entered ordinarilybelow the current price, and buy stop orders are en-tered ordinarily above the current price. When thesecurity / derivatives contract reaches the pre -deter-mined price, or trades through such price, the stoploss order converts to a market/limit order and is ex-ecuted at the limit or better. There is no assurancetherefore that the limit order will be executable sincea security / derivatives contract might penetrate thepre-determined price, in which case, the risk of suchorder not getting executed arises, just as with a regu-lar limit order.

1.5 Risk of NewsAnnouncements:News announcements that may impact the price of stock/ derivatives contract may occur during trading, and whencombined with lower liquidity and higher volatility, maysuddenly cause an unexpected positive or negativemovement in the price of the security / contract.

1.6 Risk of Rumors:Rumors about companies / currencies at times floatin the market through word of mouth, newspapers,websites or news agencies, etc. The investors shouldbe wary of and should desist from acting on rumors.

1.7 System Risk:High volume trading will frequently occur at the mar-ket opening and before market close. Such high vol-umes may also occur at any point in the day. Thesemay cause delays in order execution or confirmation.

1.7.1 During periods of volatility, on account of market par-ticipants continuously modifying their order quantityor prices or placing fresh orders, there may be de-lays in order execution and its confirmations.

1.7.2 Under certain market conditions, it may be difficult orimpossible to liquidate a position in the market at areasonable price or at all, when there are no out-standing orders either on the buy side or the sell side,or if trading is halted in a security / derivatives con-tract due to any action on account of unusual tradingactivity or security / derivatives contract hitting circuit

filters or for any other reason.1.8 System/Network Congestion:

Trading on exchanges is in electronic mode, basedon satellite/leased line based communications, com-bination of technologies and computer systems toplace and route orders. Thus, there exists a possi-bility of communication failure or system problemsor slow or delayed response from system or tradinghalt, or any such other problem/glitch whereby notbeing able to establish access to the trading system/network, which may be beyond control and may re-sult in delay in processing or not processing buy orsell orders either in part or in full. You are cautionedto note that although these problems may betemporaryin nature, but when you have outstandingopen positions or unexecuted orders, these repre-sent a risk because of your obligations to settle allexecuted transactions.

2. As far as Derivatives segments are concerned,please note and get yourself acquainted withthe following additional features:-

2.1 Effect of “Leverage” or “Gearing”:In the derivatives market, the amount of margin issmall relative to the value of the derivatives contractso the transactions are ‘leveraged’ or ‘geared’. De-rivatives trading, which is conducted with a relativelysmall amount of margin, provides the possibility ofgreat profit or loss in comparison with the marginamount. But transactions in derivatives carry a highdegree of risk.You should therefore completely understand the fol-lowing statements before actually trading in deriva-tives and also trade with caution while taking intoaccount one’s circumstances, financial resources,etc. If the prices move against you, you may lose apart of or whole margin amount in a relatively shortperiod of time. Moreover, the loss may exceed theoriginal margin amount.

A. Futures trading involve daily settlement of all posi-tions. Every day the open positions are marked tomarket based on the closing level of the index / de-rivatives contract. If the contract has moved againstyou, you will be required to deposit the amount ofloss (notional) resulting from such movement. Thisamount will have to be paid within a stipulated timeframe, generally before commencement of tradingon next day.

B. If you fail to deposit the additional amount by thedeadline or if an outstanding debt occurs in youraccount, the stock broker may liquidate a part of orthe whole position or substitute securities. In thiscase, you will be liable for any losses incurred due tosuch close-outs.

C. Under certain market conditions, an investor mayfind it difficult or impossible to execute transactions.For example, this situation can occur due to factors

16

such as illiquidity i.e. when there are insufficient bidsor offers or suspension of trading due to price limit orcircuit breakers etc.

D. In order to maintain market stability, the following stepsmay be adopted: changes in the margin rate, increasesin the cash margin rate or others. These new mea-sures may also be applied to the existing open inter-ests. In such conditions, you will be required to put upadditional margins or reduce your positions.

E. You must ask your broker to provide the full details ofderivatives contracts you plan to trade i.e. the con-tract specifications and the associated obligations.

2.2 Currency specific risks:1. The profit or loss in transactions in foreign currency-

denominated contracts, whether they are traded inyour own or another jurisdiction, will be affected byfluctuations in currency rates where there is a needto convert from the currency denomination of the con-tract to another currency.

2. Under certain market conditions, you may find it diffi-cult or impossible to liquidate a position. This canoccur, for example when a currency is deregulatedor fixed trading bands are widened.

3. Currency prices are highly volatile. Price movementsfor currencies are influenced by, among other things:changing supply-demand relationships;trade, fiscal,monetary, exchange control programs and policiesof governments; foreign political and economicevents and policies; changes in national and inter-national interest rates and inflation; currency devalu-ation; and sentiment of the market place. None ofthese factors can be controlled by any individual ad-visor and no assurance can be given that an advisor’sadvice will result in profitable trades for a participat-ing customer or that a customer will not incur lossesfrom such events.

2.3 Risk of Option holders:1. An option holder runs the risk of losing the entire

amount paid for the option in a relatively short periodof time. This risk reflects the nature of an option as awasting asset which becomes worthless when it ex-pires. An option holder who neither sells his option inthe secondary market nor exercises it prior to its ex-piration will necessarily lose his entire investment inthe option. If the price of the underlying does notchange in the anticipated direction before the optionexpires, to an extent sufficient to cover the cost of theoption, the investor may lose all or a significant partof his investment in the option.

2. The Exchanges may impose exercise restrictionsand have absolute authority to restrict the exercise ofoptions at certain times in specified circumstances.

2.4 Risks of Option Writers:1. If the price movement of the underlying is not in the

anticipated direction, the option writer runs the risksof losing substantial amount.

2. The risk of being an option writer may be reduced bythe purchase of other options on the same underly-ing interest and thereby assuming a spread positionor by acquiring other types of hedging positions inthe options markets or other markets. However, evenwhere the writer has assumed a spread or other hedg-ing position, the risks may still be significant.Aspreadposition is not necessarily less risky than a simple‘long’ or ‘short’ position.

3. Transactions that involve buying and writing multipleoptions in combination, or buying or writing optionsin combination with buying or selling short the un-derlying interests, present additional risks to inves-tors. Combination transactions, such as optionspreads, are more complex than buying or writing asingle option. And it should be further noted that, as inany area of investing, a complexity not well under-stood is, in itself, a risk factor. While this is not tosuggest that combination strategies should not beconsidered, it is advisable, as is the case with allinvestments in options, to consult with someone whois experienced and knowledgeable with respect tothe risks and potential rewards of combination trans-actions under various market circumstances.

3. TRADING THROUGH WIRELESS TECHNOLOGY/SMART ORDER ROUTING ORANY OTHER TECH-NOLOGY:Any additional provisions defining the features, risks,responsibilities, obligations and liabilities associatedwith securities trading through wireless technology/smart order routing or any other technology shouldbe brought to the notice of the client by the stockbroker.

4. GENERAL4.1 The term ‘constituent’ shall mean and include a cli-

ent, a customer or an investor, who deals with a stockbroker for the purpose of acquiring and/or 4.1 sellingof securities / derivatives contracts through themechanism provided by the Exchanges.

4.2 The term ‘stock broker’ shall mean and include astock broker, a broker or a stock broker, who hasbeen admitted as such by the Exchanges and whoholds a registration certificate from SEBI.

Signature

Date : Cf 7/17

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GUIDANCE NOTE -DO’S AND DONT’S FOR TRADING ON THE EXCHANGE(S)FOR INVESTORS BEFORE YOU BEGIN TO TRADE

1. Ensure that you deal with and through only SEBI reg-istered intermediaries. You may check their SEBI reg-istration certificate number from the list available onthe Stock exchanges website www.bseindia.com /www.nseindia.com / www.mcx-sx.com and SEBIwebsite www.sebi.gov.in.

2. Ensure that you fill the KYC form completely and strikeoff the blank fields in the KYC form.

3. Ensure that you have read all the mandatory docu-ments viz. Rights and Obligations, Risk DisclosureDocument, Policy and Procedure document of thestock broker.

4. Ensure to read, understand and then sign the volun-tary clauses, if any, agreed between you and the stockbroker. Note that the clauses as agreed between youand the stock broker cannot be changed without yourconsent.

5. Get a clear idea about all brokerage, commissions,fees and other charges levied by the broker on youfor trading and the relevant provisions/ guidelinesspecified by SEBI / Stock exchanges.

6. Obtain a copy of all the documents executed by youfrom the stock broker free of charge.

7. In case you wish to execute Power of Attorney (POA) infavour of the Stock broker, authorizing it to operate yourbank and demat account, please refer to the guide-lines issued by SEBI / Exchanges in this regard.

TRANSACTIONS AND SETTLEMENTS8. The stock broker may issue electronic contract notes

(ECN) if specifically authorized by you in writing. Youshould provide your email id to the stock broker forthe same. Don’t opt for ECN if you are not familiarwith computers.

9. Don’t share your internet trading account’s passwordwith anyone.

10. Don’t make any payment in cash to the stock broker.11. Make the payments by account payee cheque in

favour of the stock broker. Don’t issue cheques in thename of sub-broker. Ensure that you have a docu-mentary proof of your payment/deposit of securitieswith the stock broker, stating date, scrip, quantity, to-wards which bank / demat account such money orsecurities deposited and from which bank/ demataccount.

12. Note that facility of Trade Verification is available onstock exchanges’ websites, where details of trade asmentioned in the contract note may be verified.Wheretrade details on the website do not tally with the de-tails mentioned in the contract note, immediately getin touch with the Investors Grievance Cell of the rel-evant Stock exchange.

13. In case you have given specific authorization for main-taining running account, payout of funds or delivery

of securities (as the case may be), may not be made toyou within one working day from the receipt of payoutfrom the Exchange. Thus, the stock broker shall main-tain running account for you subject to the followingconditions:a) Such authorization from you shall be dated, signed

by you only and contains the clause that you mayrevoke the same at any time.

b) The actual settlement of funds and securities shallbe done by the stock broker, at least once in a cal-endar quarter or month, depending on your prefer-ence. While settling the account, the stock brokershall send to you a ‘statement of accounts’ contain-ing an extract from the client ledger for funds andan extract from the register of securities displayingall the receipts/deliveries of funds and securities.The statement shall also explain the retention offunds and securities and the details of the pledgedshares, if any.

c) On the date of settlement, the stock broker may re-tain the requisite securities/funds towards outstand-ing obligations and may also retain the funds ex-pected to be required to meet derivatives marginobligations for next 5 trading days, calculated in themanner specified by the exchanges. In respectofcash market transactions, the stock broker may re-tain entire pay-in obligation of funds and securitiesdue from clients as on date of settlement and fornext day’s business, he may retain funds/securities/margin to the extent of value of transactions ex-ecuted on the day of such settlement in the cashmarket.

d) You need to bring any dispute arising from the state-ment of account or settlement so made to the no-tice of the stock broker in writing preferably within 7(seven) working days from the date of receipt offunds/securities or statement, as the case may be.In case of dispute, refer the matter in writing to theInvestors Grievance Cell of the relevant Stock ex-changes without delay.

14. In case you have not opted for maintaining running ac-count and pay-out of funds/securities is not received onthe next working day of the receipt of payout from theexchanges, please refer the matter to the stock broker.In case there is dispute, ensure that you lodge a com-plaint in writing immediately with the Investors Griev-ance Cell of the relevant Stock exchange.

15. Please register your mobile number and email id withthe stock broker, to receive trade confirmation alerts/details of the transactions through SMS or email, by theend of the trading day, from the stock exchanges.

IN CASE OF TERMINATION OF TRADING MEMBERSHIP16. In case, a stock broker surrenders his membership, is

expelled from membership or declared a defaulter;Stock exchanges gives a public notice inviting claims

18

relating to only the “transactions executed on the trad-ing system” of Stock exchange, from the investors.Ensure that you lodge a claim with the relevant Stockexchanges within the stipulated period and with thesupporting documents.

17. Familiarize yourself with the protection accorded tothe money and/or securities you may deposit with yourstock broker, particularly in the event of a default orthe stock broker’s insolvency or bankruptcy and theextent to which you may recover such money and/orsecurities may be governed by the Bye-laws and Regu-lations of the relevant Stock exchange where the tradewas executed and the scheme of the Investors’ Pro-tection Fund in force from time to time.

DISPUTES/ COMPLAINTS18. Please note that the details of the arbitration proceed-

ings, penal action against the brokers and investorcomplaints against the stock brokers are displayed

on the website of the relevant Stock exchange.19. In case your issue/problem/grievance is not being

sorted out by concerned stock broker/sub-broker thenyou may take up the matter with the concerned Stockexchange. If you are not satisfied with the resolutionof your complaint then you can escalate the matter toSEBI.

20. Note that all the stock broker/sub-brokers have beenmandated by SEBI to designate an e-mail ID of thegrievance redressal division/compliance officer ex-clusively for the purpose of registering complaints.

Date : SignatureCf 8/17

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1. Refusal of orders for penny stocks :Lalkar does not encourage trading in penny stocks or securities fall-ing in T2T or Z group of BSE and reserves its right to refuse ordersin such securities from the clients desiring to deal in such shares,stocks, securities.Under exceptional circumstances and considering merits on case tocase basis, trading in penny stocks/T2T/Z category may be allowedto clients on delivery basis subject to stringent verifications of the clientholdings, intentions and bonafide reasons given by the intendingclients. Further trading limits will be allowed subject to the client makingmargin payments, history of the client, trading platform, intention ofdoing the trades. The said additional trading limits may not be allowedon a regular basis to the client/s.However if it is observed that client/s is/are indulging in trading activitiesonly in penny stocks or securities falling in T2T or Z group of BSE orcarrying on any insider trading activity, the client account maybe imme-diately suspended without any reasons being given to the client/s.Further client’s traded volumes vis-à-vis market volumes will be con-sidered and 15% of market volumes will be allowed or such marketvolume as decided by Lalkar from time to time, subject to due diligenceof the RMS and Compliance department.

2. Setting up client’s exposure limits :Exposures shall be allowed based on the clear credit balance inclient’s ledger + stocks lying in beneficiary account + margins (secu-rities and cash) with Lalkar. However, Lalkar may at its own discretionallow additional exposure as per credit balances in client account/cash margins/collaterals deposited by the clients or client’s track record.Further the client agrees not to take any fresh positions in securities/contracts in F&O under ban period as and when put by the ex-changes. The client shall bear the penalty, if any, charged by theexchange on such tradings.

3. Applicable brokerage rate :3.1 Lalkar shall levy brokerage for the Client’s transactions as per the

brokerage slabs mutually agreed with the Client in writing in the ClientRegistration Form subject to the maximum rate prescribed by theStock Exchanges / SEBI. The Client shall pay such fees, charges,and commissions as may be notified by Lalkar from time to time de-pending upon the services availed by the Client. Lalkar may requirethe client to pay an upfront service fee for availing the services of-fered by Lalkar and the client shall pay such fee as and when sorequired.Brokerage if any, for Auction book type, would be charged at a rateof 1% and shall not exceed the same.

3.2 ll payments to Lalkar shall be made clear and free of withholding anddeduction, in Indian Rupees, in immediately available and freelytransferable funds.

3.3 Brokerage shall be paid in the manner intimated by Lalkar to theClient from time to time, including as a percentage of the value of thetrade or as a flat fee or otherwise, together with the service tax asmay be applicable from time to time on the same. The Client furtheragrees to pay any applicable taxes including the securities transac-tion tax, duties and levies as may be levied on the transaction fromtime to time.

POLICIES AND PROCEDURES ADOPTED BYLALKAR SECURITIES PVT. LTD. (HEREINAFTER CALLED ‘LALKAR’)

3.4 The applicable stamp duty payable on any instruments relating toany transaction including without limitation any stamp duty payableon Contract Notes issued pursuant to transaction executed shall bepayable by the client. Without prejudice to the generality of the aboveclause, the Client also agrees to pay any and all additional stampduty payable if Contract Notes issued for any transaction executedare received by the Client in any other state other than the state ofMaharashtra.

4. Imposition of penalty/delayed payment charges by Member-NSE-BSE-MCX-SX :Lalkar will apply Delayed Payment Charges (DPC) at the rate of 21 %p.a. on a daily basis from the settlement date on all outstanding obli-gations. The client understands that such DPC is deterrent in nature& as such Lalkar can not be assumed to be financing/funding theclient’s settlement obligations.Lalkar reserves its right to change the DPC rate at its sole discretionwithout assigning any reason therefore. Any change in DPC shall becommunicated to the Client/s at least 15 days in advance.

5. Right to sell clients’ securities or close clients’ positions :Lalkar will have the right to close out all open positions or sell client’ssecurities, without any notice to clients, as and when the client defaultsin his settlement/sale delivery/margin/MTM obligations in any seg-ment of the exchanges. The close out/selling will be only to the com-bined extent of shortages in Margins/MTM or settlement obligationson all segments of exchanges.

6. Internal Shortages :In case of an internal shortage in any scrip in the same settlementwhere both buyer & seller are clients of Lalkar and seller does notdeliver shares for his pay-in obligation:-1. In case of a internal shortage, where part of the buy position is

offset by the sell position, and no delivery or part delivery isreceived from the seller, the following guidelines would be imple-mented-a. The seller would be debited by an equal amount credited tothe buyer.b. The amount would be derived from the following formulaAmount = Closing price on T-dayORClosing price on T+2 day +Penalty whichever is higher.c. Penalties are defined as follows :–

d. Brokerage if any, for Internal Auction book type, would be chargedat a rate of 1% and shall not exceed the same.

Group Penalty (%)A 7%B 10%

S 15%

T,TS,Z 20%

SignatureCf 9/17

20

Client Signature (s)with Stamp :

7. Restrictions or Regulations on Dealings of clients :Lalkar shall decide, from time to time, the volume of business whichthe client shall be allowed to transact. However, Lalkar shall haveabsolute discretion of reducing/restricting or zeroing the volumes ofthe client without any prior intimation/notice to the client interalia, inparticular F&O segment having regards to:1. Failure by the client to maintain the applicable collaterals/mar-

gins with the member as per the Stock Exchanges Byelaws,Rules and Regulations and Circulars and Guidelines of SEBI.

2. The client may not be allowed to take fresh positions if any client’sintraday mark to market loss crosses 70% of the base margin.Client may be asked to close all the position if the intraday mark tomarket loss crossed 80% of the base margin.

3. Delays by the client in meeting its obligations/dues relating to thebusiness/dealings done by the client under this Member ClientAgreement (mandatory and voluntary clauses).

4. Observing/discovery any abnormal behaviour/action/deed/trad-ing pattern of the client’s dealing with the member for eg. Chequebouncing, non fulfilment of sale obligation, any regulatory actiontaken by any of the regulations, ban of the client by SEBI etc.

5. Any restrictions in relation to volume of trading/outstanding busi-ness or margins stipulated by Stock Exchanges.

6. Volatility in the market/market segments of respective stock ex-changes

7. In view of impending price sensitive announcements by theExchanges/Listed Companies.

8. Political/financial instability in the country or otherwise.9. Presence of any other price sensitive factors in the economy10. In shares of a company where the merchant banking/invest-

ment banking department is doing some due diligence or man-aging an assignment for the company.

11. In scrips which are relisted and where the circuit filters are notapplicable on the day of relisting.

12. Orders for buying/selling 1 (one) share will be not allowedexcept for high value scrips after considering the client’s historyand trading pattern.

8. Suspending a client :Lalkar may send show-cause notice to a client and/or temporarilysuspend a client for further trading and/or temporarily withheld funds& securities payouts, if Lalkar has reasons to take such action whichmay arise due to the alerts generated by its Risk Management/Surveillance System and demand reasons/explanations from suchclient. The account of such client may be suspended till such timesuitable explanations are not received.Lalkar shall temporarily suspend or close a client’s account at therequest of client within 24 hours of having received client’s suchrequest.

9. De-registering a client :Lalkar will de-register a client without any prior intimation/notice, inaddition to the termination clause of the client member agreement,with regards to:a. The Client has found to be of unsound mind by a court of com-

petent jurisdiction and the findings is in forceb. The Client becomes un-discharged insolventc. The Client applies to be adjudicated as an insolventd. The Client has been convicted by a Court of any offence involv-

ing moral turpitudee. The client being declared a defaulter by any of the regulatory

bodies of the country or under any law being in force.f. In the event of Member-NSE-BSE becoming aware of any pro-

ceedings being initiated against the client by any of the regula-tory bodies of the country or under any law being in force or theclient being involved in any criminal proceedings or any illegalbusiness or the member becoming aware of the client’s pastoffences which are illegal or prohibited by the regulatory bodiesof the country or under any law being in force.

g. The death of the client.h. The depository account with member is closed and no alterna-

tive depository account details are provided.i. The client makes a voluntary written request to de-register itself/

himself.j. In the event of client defaulting in meeting its obligations.k. On the specific written directions of any statutory/legal authority/

Regulatory Authority.IV. Policy for Dormant Accounts:A) Definition of Dormant Account & Limitations/Restrictions onsuch Account:An account (irrespective whether having debit or credit balance) shallbe classified as dormant account in case there are no transactions (trade,payment, receipts) for a period in excess of 6 Months from the lasttransaction date. The following limitation / restriction shall apply to adormant account unless the same is re-activated:- Account shall be frozen for further transaction- Pay-out of funds and/or securities will be retained by the Member-

NSE-BSEB) Information to clients:In the interest of the clients, as & when any account has been classifiedas dormant accounts as above the client shall be informed through eitherdirect phone or mail or letter to the contact details/address last availablewith the company within seven days of such classification. C) Re-activation of Dormant Accounts: A dormant account can be re-activated when the client submits a formalapplication stating the reasons for non-operation and provide the proofof identity. After due verification by the company the account shall be re-activated.The company shall levy Rs 100/- as charge for re-activation, subject towaiver if authorized.I have read and understood the above policy for RMS and Controls ofthe member and state that I will strictly abide by the conditions laid in thispolicy.

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I hereby request you to open out Demat account with you, for our HUF.Being Karta of my family , I hereby declare that following is the list of family members in our HUF, as on date of Applicationi.e________________________________________________________________________

VOLUNTARY

I hereby also declare that the particulars given by me as stated above are true to the best of my Knowledge as on date formaking this Application to open Account.I agree that any false/ misleading information give by me or sujppression of any material information will render my saidaccount liable for termination and further action. Further, I agree that I will immediately intimate any deaths/or birth/s in familyas it changes the constitution of the HUF.

Thanking youYours faithfully,

Karta

I/We the co parceners of_________________________________H.U.F, do hereby confirm that we have no objectionto_______________________________________________________ who is the Karta of the aforesaid H.U.F. TO issuestanding instruction by means of either a Power of Attorney / Authorisation letter to LALKAR SECURITIES PVT. LTD.

We understand that this Power of Attorney / Authorised letter issued to LALKAR SECURITIES PVT. LTD. is for the explicitpurpose of delivery of shares sold by the Karta on behalf of the H.U.F

Beneficiary Account No.____________________________________________________

Name of Co –parceners Signature

1.___________________________________ __________________________________

2.___________________________________ __________________________________

3.___________________________________ __________________________________

4.___________________________________ __________________________________

5.___________________________________ __________________________________

6.___________________________________ __________________________________

Sr.No. Name of Family Members Sex Relations Date of Birth

ANNEXURE - 1HUF DECLARATION

VOLUNTARYANNEXURE - 2CONFIRMATION OF HUF

22

ANNEXURE - 3RUNNING ACCOUNT AUTHORISATION FOR ALL EXCHANGES

Date:______________________To,Lalkar Securities Pvt. Ltd.5th Floor, Crescent Chambers,Tamarind Lane, Fort, Mumbai - 400001.

Dear Sir,Ref: Authorization to maintain running account for transactions and retention of securities for my/our Client Code _______.

I/We hereby authorize you to maintain running account(s) for my/our transactions executed through Lalkar on any of the stockexchanges/segments for both securities and funds with you. I/We also request you to consider the balances in my/our runningfunds/securities account with you for the purpose of margins/any other obligations due to you. The funds and securities dueto me/us should be released on our specific request.I/We request you to settle my/our account on monthly/quarterly basis.I/We understand and agree that no interest will be payable to me/us on the amount of securities so retained by you.The authorization may be revoked by me/us at any time, subject to me/us giving Lalkar prior information in writing, of my/our intention to revoke the same.

Yours faithfully,

Signature of Client :

Client Name :

VOLUNTARY

To,Lalkar Securities Pvt. Ltd.5th Floor, Crescent Chambers,Tamarind Lane, Mumbai - 400001

Dear Sir,This is to inform thata. I/We have a beneficiary account with Lalkar Securities Pvt. Ltd. (DP ID 12048300) & with client

id______________________.b. Further I/We have a trading account with Lalkar Securities Pvt. Ltd. (Member of BSE, NSE & MCX-SX) (trading code as

mentioned below) for investment and trading purpose.c. I/We find it extremely inconvenient to give cheques against your depository bills.With respect to the above mentioned subject and consideration, I hereby authorize you to debit the trading account main-tained with Lalkar Securities Pvt. Ltd. (Member of BSE, NSE & MCX-SX) for the debit charge payable to my DepositoryParticipant Account with Lalkar Securities Pvt . Ltd.Any Such sum debited to my/our account shall be binding on me/us.

Yours faithfully,


Name of the Client :

Client Code:

ANNEXURE - 4AUTHORITY TO DEBIT THE DEMAT ACCOUNT OPERATION CHARGES

VOLUNTARY

From: ______________________________________________________________________________________________________Date: ______________________________

Cf 11/17

Cf 12/17

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ANNEXURE - 5E-STATEMENT LETTER

To,

Lalkar Securities Pvt. Ltd.5th Floor, Crescent Chambers,Tamarind Lane, Fort, Mumbai - 400001.

Sub: Letter of Authority/Mandate of Issuance of Statement in electronic form (Trading and Demat Account)

Dear Sir / Madam,In reference to my/our dealing with you as your client, I/We hereby give our consent and authorize you to send digital contractnotes, bills, ledgers, transaction statements, Monthly / Quarterly demat statement of accounts / holding statement(s) / bills orother reports, Statement(S), related notices, Circulars, amendments and such other correspondence, documents, records bywhatever name called (hereafter referred to as “statement (s)” issued from time to time, at any of the below mentioned email id:

Email Account 1

Email Account 2

I/We further hereby agree that LALKAR SECURITIES PVT. LTD. shall fulfill the legal obligation, if the above statement(s) are sentelectronically to any of the above mentioned email account(s). In case of any change in my/our aforesaid email id I/Weundertake to intimate the same to you in writing.

I/We have read the Terms and Condition mentioned overleaf and agrees to the same.

My / Our Unique Client Code is ___________________________________________________________

My / Our BO ID is _____________________________________________________________________

Mobile Number (Mandatory) _____________________________________________________________

Terms & Conditions:

The client has permitted Lalkar Securities Pvt. Ltd. herein known as ‘LALKAR’ to provide the Statements/Electronic Contractauthenticated by means of a digital signature in substitute of the Physical statements/Contract Notes through Email. For thispurpose the client has provided the E-mail address to LALKAR. However LALKAR may at its discretion; continue to issueStatements in Physical form instead of electronic.

Now therefore, in consideration of LALKAR having agreed to provide the Statements through mail, both the parties to theagreement hereby agree to the following terms:

1) The Statements shall be digitally signed, encrypted, non-tamperable and shall comply with the provisions of the Informa-tion Technology Act, 2000. In case the Statements are sent through e-mail as an attachment, the attached file shall alsobe secured with the digital signature, encrypted and non-tamperable.

2) The Client shall access and review the Statements including but not limited to margin and maintenance calls. Allinformation contained therein shall be binding on the Client, if the Client, does not object, either in writing or via Email,within 24 hours after such documents are available to the Client. The Client will be required to save/print/download theStatements for archiving and delete the E-mails from his account on a regular basis so as to keep sufficient space in theE-mail account to continue receiving Statement etc from LALKAR.

3) The Statements shall be deemed to have been delivered to the Client, if LALKAR does not receive a rejection of the sameor if the email has not bounced back. If the email has bounced back, then LALKAR will send physical statements to theclient within the stipulated time under the extant regulations of SEBI / Stock Exchanges.

VOLUNTARY

Date:______________________

24

4) Should the client experience any difficulty opening a document electronically delivered by the LALKAR, LALKAR make therequired delivery by any other electronic means (e-mail, electronic mail attachment, or in the form of an available down-load from the back office web site) or in a paper based format. Failure to advice LALKAR of such a difficulty within 24 hoursafter delivery shall serve as an affirmation that client was able to receive and open the said document.

5) In case when the LALKAR is not able to provide the Statements to its clients through internet due to any unforeseenproblem, LALKAR will ensure that they reach in physical form as per the time schedule stipulated in the Bye laws, Rulesand regulations of the SEBI / CDSL/Stock Exchanges.

6) LALKAR and the client hereby agrees to abide by the amendment in Statements from time to time if required, for complyingwith any statue, regulation or with the requirements of any other competent authority.

7) The Client agrees that LALKAR fulfills its legal obligation to deliver to client any such document if sent via electronicdelivery.

8) LALKAR shall also publish the Contract note on the Web site www.lalkarsecurities.com or on any other designatedlocation (specified by the Stock Broker from time to time). The client will be issued a login and password, and the Clientcan login in to his account and view/save/print the ECN, statements Etc.

9) The client shall take all necessary steps to ensure confidentiality and secrecy of the login name & password. Unless theclient lodges a complaint with the stock broker as to his inability to access the system, it would be presumed that allcontract notes and all other documents have been properly delivered.

10) Any change in the Emial ID shall be communicated by me/us through a physical letter.

The above terms and conditions are in addition to and not in contravention of the terms and conditions forming part ofDepository Participant/Stock Broker client agreement by the client

Yours faithfully,


Client Code :

Cf 13/17

25

Platform Description Exchange/Segments Preference

Odin Diet Application Based Online BSE Cash, NSE Cash, NSETrading Platform F&O & MCX-SX Currency

Odin Net.Net Browser Based Online BSE Cash, NSE Cash, NSETrading Platform F&O & MCX-SX Currency

I confirm that my email address is

I also consent for online trading username and password, as also other communication from you not restricted to onlinetrading, to be communicated to the above mentioned email address.I confirm that I have read the below terms mentioned and conditions and agree to abide by the same.

Terms and conditions for online tradingThe client has permitted the Stock Broker to provide online trading services. For this purpose the client has provided Emailaddress and consent for communication of the username and password through email.

Now therefore, in consideration of the Stock Broker having agreed at it’s discretion to provide online trading through hisplatform on the following terms and conditions:

1. The Stock Broker shall generate the client’s user id and password and communicate the same to the client regis-tered email id and shall be deemed to be received by the client only and it is the clients duty to ensure its confidentiallyand secrecy unless the Stock Broker recovers the rejection of the same or the same has bounced back upon whichthe stock broker shall duly intimate the client. If the client whishes to change his email Id, the client would send arequest fro the same, and would be effected after due verification.

2. If the Client to any reason is not to open the document sent by the Stock Broker the delivery shall be made by any otherformat provided the client informs the Stock Broker within 24hours of the delivery of the said information. The sameis applicable incase the Online Trading platform gets locked, the client shall intimate the stock broker through awritten letter or email who shall reset the same.

VOLUNTARYANNEXURE - 6Date:____________________

To,Lalkar Securities Pvt. Ltd.5th Floor, Crescent Chambers,Tamarind Lane, Fort, Mumbai - 400001.

Dear Sirs,I wish to trade through online trading platform. Therefore I request you to generate my Username (Login-id) and passwordfor the following Online Trading Platform.[Preference for Online Trading Platform indicated with a Yes]

Cf 14/17

Signature

26

DECLARATION FOR MOBILE NO.


Dear Sir,I_________________________________ having PAN NO.______________________ do hereby declare that my mobile

no. is________________________Further, I authorize_______________________ that the same may be used for giving

me any information / Research calls

Any change in the mobile no. shall be communicated by me/us through a physical letter.

I further declare the above mentioned statement is true and correct.


Signature of the Client :

Name of the Client :

Client Code :

VOLUNTARYANNEXURE - 8


Dear Sir,

Sub: Authority to collect Bills / Contracts/ Cheques/LedgerWith reference to the above, I/We hereby authorise following person (s) to collect Bills/ Contracts / Cheques / Ledger andother relevant documents on my / our behalf:

1._______________________________________ Sign._______________________________________

2._______________________________________ Sign._______________________________________

Any change in the person, shall be communicated by me/us through a physical letter.


Signature : Date : _________________________

Name of Client : ____________________________ Place : ________________________

VOLUNTARYANNEXURE - 7

Cf 15/17

Cf 16/17

27

From: ________________________________________________________________________________________________

Date: ________________________To,Lalkar Securities Pvt.Ltd.5th Floor, Crescent Chambers,Tamarind Lane, Fort, Mumbai - 400 001.

Acknowledgement LetterDear Sir,

I _____________________________________________ a client of the above mentioned company, having client code_________acknowledge the receipt of the photocopy of the following documents –

1. KYC (Client account opening form)2. Risk Disclosure Document3. Document on Investor Rights and Obligations4. Guidance Note - Do’s and Dont’s5. Policy & Procedure6. General other Voluntary documents

Yours faithfully,

ANNEXURE - 9

Cf 17/17

Signature

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