Advisory For 6 KYC Attributes

Advisory – KYC Compliance 

• All investors are requested to take note that 6 KYC attributes i.e. Name, PAN, Address,  Mobile Number, Email id and Income Range have been made mandatory. Investors availing custodian services will be additionally required to update the custodian details. 

• Investors may contact their respective stockbrokers / depository participants for updation  of details in their trading / demat account. 

• The last date to update KYC is on or before July 03, 2022. 

• Thereafter non-compliant trading accounts will be blocked for trading by the Exchange. 

• The non-compliant demat accounts will be frozen for debits by Depository Participant or  Depository. 

• On submission of the necessary information to the stockbroker and updation of the same  by the stockbroker in the Exchange systems and approval by the Exchange, the blocked  trading accounts shall be unblocked by the Exchange on T+1 trading day. 

• The demat account shall be unfreezed once the investor submits the deficient KYC details  and the same is captured by the depository participant in the depository system. 

• To ensure smooth settlement, the investors are requested to ensure that both the trading and  demat accounts are compliant with respect to the KYC requirement. 

• The investors are hereby requested to comply with the regulatory guidelines issued by  Exchanges and Depositories from time to time with regard to KYC compliance and related requirements.

 

Address

18, Rabindra Sarani, Gate No.3, 4th Floor, Kolkata 700001

Phone

033 2225-1439-41

Email

info@dhanstock.in

M/S DHAN STOCK AND SHARE BROKERS PRIVATE LIMITED

NSE: CM | SEBI Reg. No. INZ000218037 DMAT DELIVERY ID: IN514347  Registered Address: 18, Rabindra Sarani, Gate No.3, 4th Floor, Kolkata 700001 System & Surveillance (Gopal Krishna Datta, Email:gopald_2006@yahoo.co.in & Phone Number:91 9831181482) For any grievances/complaints Email us at –  dhanstock1997@gmail.com
Please ensure you carefully read the risk Disclosure Document as prescribed by SEBI. We do not share client details with any third party and do not sell any tips or recommendations. In case anyone calls you posing as an Dhan Stock And Share Brokers Private Limited executive offering/inducing you to trade, please report to us at  033 2225-1439-41

 

 Kind Attention Investors:

KYC is a one-time exercise while dealing in securities markets-once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

Prevent unauthorized transactions in your account ---Update your Mobile Number and Email ID with your Stock Broker and Depository Participant. Receive information of your transactions directly from Stock Exchange and Depository on your Mobile/Email at the end of the day.

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.

All clients are requested to record their email id for electronic despatch of contract and statement. In case of electronic contract note, the link/login for the same is available on website for download.

Pay 20% upfront margin of the transaction value to trade in the cash market segment.

Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.

Notice on Collection of Upfront Margin from 1 Aug, 2020 in Cash Segment:

It is to inform you that SEBI Vide circular dated August 01, 2019 & February 25, 2020 has made Margin collection (Initial Margin & MTM) mandatory for trading in Cash/Equity Segment effective August 01,2020 failing which Penalty will be levied by the Exchanges for not meeting the Margin requirement.

Therefore in compliance with the same, we request all the clients to provide us the sufficient margin either in the form of Funds and or securities before undertaking any trade on the Exchange through us. Moreover it is also applicable for intraday trades undertaken by the client.

We request you to pledge securities as margin in favour of our margin pledge account if you wish to undertake the trade and comply with the SEBI requirement of fulfilling the Margin obligation requirement in Cash Segment (Applicable on both Delivery & Non Delivery).

It is also reiterated that SEBI circular also envisages that the Shares can be given for Margin to the Stock broker through Pledge Instruction only initiated through depository System. Therefore in lieu of the same any charges levied by the Depository (In our Case NSDL) will be simultaneously charged to clients on actual basis.

Submit application letter along with photocopy of PAN and address proof requesting activation of Dormant Account.

All clients are requested to provide the NEFT details of your bank account for receiving direct credit to your account by online. Please summit an original unsigned cancelled cheque leaf along with latest bank statement to us.