Annexure - 4

Stock Holding Corporation of India Limited

Regd. Office : 301, Centre Point, Dr. Babasaheb Ambedkar Road, Parel, Mumbai - 400 012.
Phone : 91-22-6177 9400 to 09 Fax: 91-22-6177 9022
Website : www.shcil.com CIN : U67190MH1986GOI040506

DP ID No Scheme Code AWT

Additional KYC Form for Opening a Demat Account (For Non-Individuals) CENTRAL DEPOSITORY
SERVICES (INDIA) LIMITED
(To be filled by the Depository Participant)
Application No. Date D D M M Y Y Y Y

DP Internal eference No.

DP ID Client ID

(To be filled by the applicant in BLOCK LETTERS in English)

I/We request you to open a Demat Account in my/our name as per the following details:-

Holders Details

Sole / First Holder’s Search Name

Name PAN

PAN
Second Holder’s Name
UID

PAN
Third Holder’s Name
UID

Name

* In case of Firms, Association of Persons (AOP), Partnership Firm, Unregistered Trust, etc., although the account is o pened in the name
of the natural persons, the name of the Firm, Association of Persons (AOP), Partnership Firm, Unregistered Trust, etc., should be
mentioned above.
Type of Account (Please tick whichever is applicable)
Status Sub - Status

To be filled by the DP
SEBI Registration No. SEBI Registration Date
(If Applicable)

RBI Registration No. RBI Approval Date

(If Applicable)

Nationality

[Automatic Credit]
I / We instruct the DP to receive each and every credit in my / our account (If not
marked, the default option would be `Yes’)

Account Statement
Requirement
 I/We request you to send Electronic Transaction-Cum-Holding Statement and the Rights & Obligations at the email ID

I/We would like to share the email ID with the RTA

  
I/We would like to receive the Annual Report Physical / Electronic / Both Physical and Electronic (Tick the
applicable box. If not marked the default option would be in Physical)

Clearing Member details (to be filled by CMs only)

Name of Stock Exchange

Name of CC / CH

Clearing Member id

I/We wish to receive dividend / interest directly in to my bank account as given below through ECS.
(If not marked, the default option would be `Yes’)
[ECS is mandatory for locations notified by SEBI from time to time ]

Bank Details (Dividend Bank Details)

(I) Photocopy of the cancelled cheque having the name of the account holder where the cheque book is issued, (or)
(ii) Photocopy of the Bank Statement having name and address of the BO (iii) Photocopy of the passbook having name and address of
the BO, (or) (iv) Letter from the Bank.
In case of options (ii), (iii) and (iv) above, MICR code of the branch should be present / mentioned on the document
Other Details

Gross Annual Income Income Range per annum:

  
Details Up to Rs. 1,00,000 Rs. 1,00,000 to 5,00,000 Rs. 5,00,000 to 10,00,000
  
Rs. 10,00,000 to 25,00,000 Rs. 25,00,000 to 1,00,00,000 More than Rs. 1,00,00,000

Net worth as on (Date) D D M M Y Y Y Y Rs.

[Net worth should not be older than 1 year]

Please tick If any of the authorized signatories / Promoters / Partners / Karta / Trustees / Whole time Director is either Politically Exposed Person (PEP) or
Related to Politically Exposed Person (RPEP) Please provide details as per Annexure 2.2A.

GST NO.

SMS Alert Facility

Terms & Conditions as per
Annexure 2.4 of DP operating MOBILE NO. +91
instruction is verified on (Mandatory , if you are giving Power of Attorney (POA)]
www.stockholding.com (if POA is not granted & you do not wish to avail of this facility, cancel this option).
 Transaction Using I wish to avail the TRST facility using the Mobile number registered for SMS Alert Facility. I have read and
Secured Texting Facility understood the Terms and Conditions prescribed by CDSL for the same.
 
(TRUST). Refer to Yes No
Terms and Conditions Annexure
I/We wish to register the following clearing member Ids under my/our below mentioned BO ID registered for TRUST
- 2.6
Stock Exchange Name/ID Clearing Member Clearing Member ID (Optional)
Name

To register for Easi, please visit our website www.cdslindia.com

Easi Easi allows a BO to view his ISIN balances, transactions and value of the portfolio online.

I/We have received and read the Right and Obligations documents and terms and conditions and agree to abide by and be bound by the same
and by the Bye Laws as are in force from time to time / I/We understand that a copy of the ''Rights and Obligations of the Beneficial Owner and
Depository Participant'' will be received by email since opted for the same and agree to abide by and be bound by the same and by the Bye
Laws as are in force from time to time. I / We declare that the particulars given by me/us above are true and to the best of my/our
knowledge as on the date of making this application. I/We further agree that any false / misleading information given by me / us or suppression
of any material information will render my account liable for termination and suitable action.

First/Sole Authorised
Second Authorised Signatory Third Authorised Signatory
Signatory

Name

Designation

Signature

(Signatures should be preferably in black ink) (In case of more authorised signatories, please add annexure)

(To be filled in by SHCIL) Checked by

I Verify that the Account Opening Form is in order

Entered in ISA
Name:
Authenticated in ISA
Employee Code :
Released in DPM
Signature : Date :

Acknowledgment Receipt
Stock Holding Corporation of India Limited
Regd. Office : 301, Centre Point, Dr. Babasaheb Ambedkar Road, Parel, Mumbai - 400 012.
Phone : 91-22-6177 9400 to 09 Fax: 91-22-6177 9022 Website : www.shcil.com U67190MH1986GOI040506
Application No.:

Date:
We hereby acknowledge the receipt of the Account Opening Application Form:

Name of the Sole/First Holder

Name of Second Holder

Name of Third Holder

Depository Participant Seal and Signature

* A system generated receipt provided to the client as acknowledgement.
 Rights and Obligations of Beneficial Owner and Depository Participant
as prescribed by SEBI an Depositories

General Clause
1. The Beneficial Owner and the Depository participant (DP) shall be bound by the provisions of the Depositories Act, 1996,
SEBI (Depositories and Participants) Regulations, 1996, Rules and Regulations of Securities and Exchange Board of India
(SEBI), Circulars/Notifications/Guidelines issued there under, Bye Laws and Business Rules/Operating Instructions issued
by the Depositories and relevant notifications of Government Authorities as may be in force from time to time.
2. The DP shall open/activate demat account of a beneficial owner in the depository system only after receipt of complete
Account opening form, KYC and supporting documents as specified by SEBI from time to time.
Beneficial Owner information
3. The DP shall maintain all the details of the beneficial owner(s) as mentioned in the account opening form, supporting
documents submitted by them and /or any other information pertaining to the beneficial owner confidentially and shall not
disclose the same to any person except as required by any statutory, legal or regulatory authority in this regard.
4. The Beneficial Owner shall immediately notify the DP in writing, if there is any change in details provided in the account
opening form as submitted to the DP at the time of opening the demat account or furnished to the DP from time to time.
Fees/Charges/Tariff
5. The Beneficial Owner shall pay such charges to the DP for the purpose of holding and transfer of securities in
dematerialized form and for availing depository services as may be agreed to from time to time between the DP and the
Beneficial Owner as set out in the Tariff Sheet provided by the DP. It may be informed to the Beneficial Owner that "no
charges are payable for opening of demat accounts”
6. In case of Basic Services Demat Accounts, the DP shall adhere to the charge structure as laid down under the relevant
SEBI and/or Depository circulars/directions/notifications issued from time to time.
7. The DP shall not increase any charges/tariff agreed upon unless it has given a notice in writing of not less than thirty days
to the Beneficial Owner regarding the same.
Dematerialization
8. The Beneficial Owner shall have the right to get the securities, which have been admitted on the Depositories, dematerialized
in the form and manner laid down under the Bye Laws, Business Rules and Operating Instructions of the depositories.
Separate Accounts
9. The DP shall open separate accounts in the name of each of the beneficial owners and securities of each beneficial
owner shall be segregated and shall not be mixed up with the securities of other beneficial owners and/or DP’s own
securities held in dematerialized form.
10. The DP shall not facilitate the Beneficial Owner to create or permit any pledge and /or hypothecation or any other interest
or encumbrance over all or any of such securities submitted for dematerialization and/or held in demat account except in
the form and manner prescribed in the Depositories Act, 1996, SEBI (Depositories and Participants) Regulations, 1996
and ByeLaws/Operating Instructions/Business Rules of the Depositories.
Transfer of Securities
11. The DP shall effect transfer to and from the demat accounts of the Beneficial Owner only on the basis of an order,
instruction, direction or mandate duly authorized by the Beneficial Owner and the DP shall maintain the original documents
and the audit trail of such authorizations.
12. The Beneficial Owner reserves the right to give standing instructions with regard to the crediting of securities in his demat
account and the DP shall act according to such instructions.
Statement of account
13. The DP shall provide statements of accounts to the beneficial owner in such form and manner and at such time as agreed
with the Beneficial Owner and as specified by SEBI/depository in this regard.
14. However, if there is no transaction in the demat account, or if the balance has become Nil during the year, the DP shall
send one physical statement of holding annually to such BOs and shall resume sending the transaction statement as and
when there is a transaction in the account.
15. The DP may provide the services of issuing the statement of demat accounts in an electronic mode if the Beneficial Owner
so desires. The DP will furnish to the Beneficial Owner the statement of demat accounts under its digital signature, as
governed under the Information Technology Act, 2000. However if the DP does not have the facility of providing the
statement of demat account in the electronic mode, then the Participant shall be obliged to forward the statement of demat
accounts in physical form.
16. In case of Basic Services Demat Accounts, the DP shall send the transaction statements as mandated by SEBI and/or
Depository from time to time.
Manner of Closure of Demat account
17. The DP shall have the right to close the demat account of the Beneficial Owner, for any reasons whatsoever, provided the
DP has given a notice in writing of not less than thirty days to the Beneficial Owner as well as to the Depository. Similarly,
the Beneficial Owner shall have the right to close his/her demat account held with the DP provided no charges are payable
by him/her to the DP. In such an event, the Beneficial Owner shall specify whether the balances in their demat account
should be transferred to another demat account of the Beneficial Owner held with another DP or to rematerialize the security
balances held.
18. Based on the instructions of the Beneficial Owner, the DP shall initiate the procedure for transferring such security balances
or rematerialize such security balances within a period of thirty days as per procedure specified from time to time by the
depository. Provided further, closure of demat account shall not affect the rights, liabilities and obligations of either the
Beneficial Owner or the DP and shall continue to bind the parties to their satisfactory completion.
Default in payment of charges
19. In event of Beneficial Owner committing a default in the payment of any amount provided in Clause 5 & 6 within a period of
thirty days from the date of demand, without prejudice to the right of the DP to close the demat account of the Beneficial
Owner, the DP may charge interest at a rate as specified by the Depository from time to time for the period of such default.
20. In case the Beneficial Owner has failed to make the payment of any of the amounts as provided in Clause 5&6 specified
above, the DP after giving two days notice to the Beneficial Owner shall have the right to stop processing of instructions of
the Beneficial Owner till such time he makes the payment along with interest, if any.
Liability of the Depository
21. As per Section 16 of Depositories Act, 1996,
a. Without prejudice to the provisions of any other law for the time being in force, any loss caused to the beneficial owner
due to the negligence of the depository or the participant, the depository shall indemnify such beneficial owner.
b. Where the loss due to the negligence of the participant under Clause (1) above, is indemnified by the depository, the
depository shall have the right to recover the same from such participant
Freezing/ Defreezing of accounts
22. The Beneficial Owner may exercise the right to freeze/defreeze his/her demat account maintained with the DP in accordance with
the procedure and subject to the restrictions laid down under the Bye Laws and Business Rules/Operating Instructions.
23. The DP or the Depository shall have the right to freeze/defreeze the accounts of the Beneficial Owners on receipt of
instructions received from any regulator or court or any statutory authority.
Redressal of Investor grievance
24. The DP shall redress all grievances of the Beneficial Owner against the DP within a period of thirty days from the date of
receipt of the complaint.
Authorized representative
25. If the Beneficial Owner is a body corporate or a legal entity, it shall, along with the account opening form, furnish to the DP, a
list of officials authorized by it, who shall represent and interact on its behalf with the Participant. Any change in such list
including additions, deletions or alterations thereto shall be forthwith communicated to the Participant.
Law and Jurisdiction
26. In addition to the specific rights set out in this document, the DP and the Beneficial owner shall be entitled to exercise any other
rights which the DP or the Beneficial Owner may have under the Rules, Bye Laws and Regulations of the respective Depository in
which the demat account is opened and circulars/notices issued there under or Rules and Regulations of SEBI.
27. The provisions of this document shall always be subject to Government notification, any rules, regulations, guidelines and
circulars/ notices issued by SEBI and Rules, Regulations and Bye-laws of the relevant Depository, where the Beneficial
Owner maintains his/ her account, that may be in force from time to time.
28. The Beneficial Owner and the DP shall abide by the arbitration and conciliation procedure prescribed under the Byelaws of
the depository and that such procedure shall be applicable to any disputes between the DP and the Beneficial Owner.
29. Words and expressions which are used in this document but which are not defined herein shall unless the context otherwise
requires, have the same meanings as assigned thereto in the Rules, Bye-laws and Regulations and circulars/notices issued
there under by the depository and /or SEBI
30. Any changes in the rights and obligations which are specified by SEBI/Depositories shall also be brought to the notice of the
clients at once.
31. If the rights and obligations of the parties hereto are altered by virtue of change in Rules and regulations of SEBI or
Byelaws, Rules and Regulations of the relevant Depository, where the Beneficial Owner maintains his/her account, such
changes shall be deemed to have been incorporated herein in modification of the rights and obligations of the parties
mentioned in this document.