Central Depository Services (India) Limited

Convenient  Dependable  Secure

ANNEXURES

December 2024

CDSL : your depository

Confidential
 Annexure – Index

Annexure
Subject of Annexure
No.

2.1 Additional KYC Form for Opening a Demat Account for Individuals

2.2 Additional KYC Form for Opening a Demat Account for Non-individuals

Details of Politically Exposed Persons (PEP) Related to Politically Exposed

2.2A
Persons (RPEP). [For-non-individual]
2.3 Instructions for the Applicants/BOs for Account Opening

2.4 SMART Terms & Conditions-cum-Registration Form

2.5 Option Form for Issue of DIS Booklet

2.6 TRUST Terms & Conditions

Rights and Obligations of Beneficial Owner and Depository Participant as
2.7
prescribed by SEBI and Depositories
Additional information to be obtained along with the SARAL Account
2.8
Opening Form for Resident Individuals

2.9 Demat Debit and Pledge Instruction

3.1 Account Details Addition / Modification / Deletion Request Form

3.2 Nomination Form

4.1 Dematerialization Request Form

4.2 Transposition Request Form

4.3 Format of Indemnity for loss of shares in transit

4.4 Transmission Request Form (death of sole holder)

4.5 Transmission Request Form (death of one of the joint holders)

6.1 Instruction Form for Purchase Waiver

6.2a Combined Instruction Slip

6.2b Combined Instruction Slip / DDPI

6.3a Instruction Slip (Off-Market)

6.4a Instruction Slip (On-Market)

6.5 Letter to Modify / Delete Instruction Slip

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 Annexure – Index

Annexure
Subject of Annexure
No.
Details to be printed on the inside back cover of the Delivery Instruction
6.6
Slip (DIS) Book

6.7 Fax Indemnity Format

6.8 Deed of Indemnity by the Beneficial Owner

6.9 Deed of Indemnity by the Clearing Member

6.10 Deed of Indemnity by the Depository Participant

7.1 Transmission Request Form (death of sole holder)

7.2 Transmission Request Form (death of one of the joint holders)

7.2B Transmission request Form Deletion of Name of The Deceased Holder

7.3 Bond of Indemnity

7.4 Letter of Surety

7.5 Affidavit

7.6 No Objection Certificate

7.7 Transposition Request Form

8.1 Pledge Request Form

8.2 Unpledge Request Form

8.3 Invocation Request Form

8.4 Margin Pledge / Repledge Request Form (MPRF)

8.5 Margin Unpledge Request Form (MURF)

8.6 Margin Invocation Request Form (MIRF)

8.7 Consent for opening Client Securities Margin Pledge Account

Margin Pledge / Repledge (Mprf) / Unpledge (MURF) / Invocation (MIRF)

8.8
Request Form
9.1 Rematerialization Request Form

9.2 Repurchase Request Form

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 Annexure – Index

Annexure
Subject of Annexure
No.
10.1 Account Closure Request Form

10.2 Format Letter for Rejection of DRN

10.3 Format of letter from BO to DP

10.4 Format of letter from DP to CDSL

11.1 Penalty Structure for DPs

13.1 Freeze/Unfreeze Request Form

14.1 Form No. 1 – Arbitration Application Form

14.2 Form No. 2 – Form of Nomination and Notice of Appointment

14.3 Form No. 2A – Consent of the Arbitrator

14.4 Form No. 3 – Format of Covering Letter

14.5 Form No. 4 – Reply to Arbitration Application

14.6 Form No. 5 – Form of Nomination and Appointment

14.7 Form No. 6 – Form of Appointment of Arbitrator

14.8 Form No. 7 – Appointment of Presiding Arbitrator

14.9 Form No. 8 – Notice of Hearing

14.10 Panel of Arbitrators

14.11 Panel of Arbitrators – Chennai

14.12 Panel of Arbitrators – Kolkata

14.13 Panel of Arbitrators – New Delhi

16.1 Format of Consent Letter by BO for "easi" facility

16.2 File Format of Transaction Statement

Format of Request from BOs for receiving e-statement of account [for

16.3
BOs prior to the amended Agreement (27-May-2009)]

17.1 Methodology to compute Net worth of a DP

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 Annexure – Index

Annexure
Subject of Annexure
No.

17.2 Details of Compliance Officer and Signature(s) of Authorized Signatories

17.3 Format for submitting details of back-office connected branches of DPs

17.4 Format of BO Grievance Report

17.5 DP Service Centre Information

17.6 Application for opening a DP Service Centre

17.7 Simple DOs and Don’ts for managing a demat account

17.8 List of Drop Box Centre

17.9a Common Registration Form for Availing SMS Alert and /or Trust Facility

17.9b TRUST- Form for Registering Clearing Members

Combined Registration Form for Availing SMS Alert and /TRUST Facility
17.9c
and For Registering Clearing Members

17.10 De-Registration Form for TRUST

18.1 Destatementization Request Form

18.2 Destatementization Rejection Reason Codes

18.3 Restatementization Request Form (MF-RRF)

18.4 Repurchase / Redemption Request Form

Non Disposal Undertaking (NDU)

19.1

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 Annexure – Index

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 Annexure 2.1
Additional KYC Form for Opening a Demat Account
For Individuals
Depository Participant Name/Address

(To be filled by the Depository Participant)

Application No. Date D D M M Y Y Y Y
DP Internal Reference 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 following details:-
Holders Details
PAN
UID
Sole / First
UCC
Holder’s Name
Exchange
Name & ID
Second Holder’s PAN
Name UID
Third Holder’s PAN
Name UID

____________________________________________________________________________________
Name * ____________________________________________________________________________________
*In case of Firms, Association of Persons (AOP), Partnership Firm, Unregistered Trust, etc., although the account is
opened 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
❑ Individual ❑ Individual Resident ❑ Individual-Director
❑ Individual Director’s Relative ❑ Individual HUF / AOP
❑ Individual Promoter ❑ Minor
❑ Individual Margin Trading A/C (MANTRA) ❑ Others(specify) _____________
❑ NRI ❑ NRI Repatriable ❑ NRI Non-Repatriable
❑ NRI Repatriable Promoter ❑ NRI Non-Repatriable Promoter
❑ NRI – Depository Receipts ❑ Others (specify) ________________
❑ Foreign National ❑ Foreign National ❑ Foreign National - Depository Receipts ❑ Others (specify)______
Details of Guardian (in case the account holder is minor)
Guardian’s Name PAN
Relationship with the applicant
I / We instruct the DP to receive each and every credit in my / our account [Automatic Credit]
(If not marked, the default option would be ‘Yes’) ❑ Yes ❑ No
I / We would like to instruct the DP to accept all the pledge instructions in
my /our account without any other further instruction from my/our end ❑ Yes ❑ No
(If not marked, the default option would be ‘No’)
Account Statement
❑ As per SEBI Regulation ❑ Daily ❑ Weekly ❑Fortnightly ❑Monthly
Requirement
I / We request you to send Electronic Transaction-cum-Holding Statement at the email ID
❑ Yes ❑ No
______________________
I / We would like to share the email ID with the RTA ❑ Yes ❑ No
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)

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’) ❑ Yes ❑ No
[ECS is mandatory for locations notified by SEBI from time to time ]
Bank Details [Dividend Bank Details]
Bank Code (9 digit MICR code)
IFS Code (11 character)
Account number

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Account type ❑ Saving ❑ Current ❑ Others (specify) ______________________
Bank Name
Branch Name
Bank Branch Address
City State Country PIN code
(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 Income Range per annum:

Gross Annual Income ❑ Up to Rs.1,00,000 ❑ Rs 1,00,000 to Rs 5,00,000 ❑ Rs 5,00,000 to Rs 10,00,000
Details ❑ Rs 10,00,000 to Rs 25,00,000 ❑ More than Rs 25,00,000
Net worth as on (Date) D D M M Y Y Y Y Rs
[Net worth should not be older than 1 year]
Occupation ❑ Private / Public Sector ❑ Govt. Service ❑ Business ❑ Professional ❑ Agriculture
❑ Retired ❑ Housewife ❑ Student ❑ Others (Specify) __________________
Please tick , if applicable: ❑Politically Exposed Person (PEP) ❑ Related to Politically Exposed Person (RPEP)
Any other information:

SMS Alert Facility MOBILE NO. +91 __ __ __ __ __ __ __ __ __ __

Refer to Terms & [(Mandatory , if you are giving Power of Attorney ( POA)]
Conditions (if POA is not granted & you do not wish to avail of this facility, cancel this
given as Annexure - 2.4 option).
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.

Nomination Details

Nomination Registration No. Dated

demat account and understand

I/We hereby confirm that I/We do not wish to appoint any nominee in my
the issues involved in non-appointment of nominee(s) and further are aware that in case of
death of all the account holder(s), my / our legal heirs would need to submit all the requisite
documents / information for claiming of assets held in my / our demat account, which may also
include documents issued by Court or other such competent authority, based on the value of
assets held in the demat account..
.

First/Sole Holder or Second Holder Third Holder

Guardian (in case of Minor)
Name
Signatures

Note:
Signature of witness, along with name and address are required, if the account holder affixes thumb impression, instead of signature
[in both the cases i.e. nomination / / opt out nomination -

I/We nominate the following persons who is/are entitled to receive security balances lying in my/our account,
particulars where of are given below, in the event of my / our death.

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CDSL Operating Instruction –March 2024 Page 2 of 5
Nomination Details Nominee 1 Nominee 2 Nominee 3

Nominee Name :
*First Name: ...................................... ...................................... .....................................
Middle Name: ............................... .............................. ..............................
*Last Name ............................... .............................. ..............................

*Percentage of
allocation of securities

󠄀
Equally
[If not equally, please specify percentage]
% % %
Or

󠄀
Share of each Nominee

Any odd lot after division shall be transferred to the first nominee mentioned in the form

Nomination Identification
Details – [Please tick any Nominee 1 Nominee 2 Nominee 3
one of following and
provide details of same]

󠄀 Photograph &
Signature
󠄀 PAN 󠄀
󠄀 Aadhaar
󠄀 Saving Bank account
no. 󠄀
󠄀 Proof of Identity󠄀
󠄀 Demat Account ID
[Optional Fields]

*Address:

*City
*State
*Pin
*Country
Mobile no/Telephone No.
[Optional Fields]
Email ID:
[Optional Fields]

FAX No.
[Optional Fields]

.
*Relationship with the
BO:
To be filled only if nominee(s) is a minor:
Date of birth (mandatory
if Nominee is a minor)
dd-mm-yyyy
Name of the Guardian of
Nominee (if nominee is a

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CDSL Operating Instruction –March 2024 Page 3 of 5
 minor)
*First Name: ..................................... ...................................... .....................................
Middle Name: ............................... .............................. ..............................
*Last Name ............................... .............................. ..............................
*Address of the guardian
of nominee:

*City
*State
*Country
*PIN
Age
Mobile /Telephone no
[Optional Fields]
Email ID:
[Optional Fields]

Fax No.
[Optional Fields]
*Relationship of the
Guardian with the
Nominee

Guardian Identification
details – [Please tick
any one of following
and provide details of
same]
󠄀 Photograph &
Signature
󠄀 PAN 󠄀 Aadhaar
Saving Bank account
no. 󠄀 Proof of Identity󠄀
󠄀 Demat Account ID
[Optional Fields]

Note : Residual securities: in case of multiple nominees remaining after distribution of securities as per percentage of allocation
shall be transferred to the first nominee . -

* Marked is Mandatory field

Note:
Signature of witness, along with name and address are required, if the account holder affixes thumb impression, instead of signature
[in both the cases i.e. nomination /negative nomination

Details of the Witness

Witness Details
Name of witness
Address of witness

Signature of witness

The Depository Participant shall provide acknowledgement of the nomination form to the account holder(s)

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 I / We have received and read the Rights and Obligations document and terms & 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 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 agree and
undertake to intimate the DP any change(s) in the details / Particulars mentioned by me / us in this form. 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 Holder or Second Holder Third Holder

Guardian (in case of Minor)
Name
Signatures
(Signatures should be preferably in blue ink).

============================= (Please Tear Here) ================================

Acknowledgement Receipt
Application No.: Date:

We hereby acknowledge the receipt of the Account Opening and nomination Application Form:

Name of the Sole / First Holder

Name of Second Holder
Name of Third Holder

Depository Participant Seal and Signature

============================= (Please Tear Here) ================================

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CDSL Operating Instruction –March 2024 Page 5 of 5
 Annexure 2.2
Additional KYC Form for Opening a Demat Account

For Non-individuals
Depository Participant Name / Address / DP ID

(To be filled by the Depository Participant)

Application No. Date D D M M Y Y Y Y
DP Internal Reference 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 following details:-
Holders Details

Sole / First Search PAN

Holder’s Name Name UCC
Exchange
Name & ID
PAN
Second Holder’s UID
Name PAN
Third Holder’s UID
Name
*Exchange ID
____________________________________________________________________________________
Name * ____________________________________________________________________________________
*In case of Firms, Association of Persons (AOP), Partnership Firm, Unregistered Trust, etc., although the account is
opened 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
❑ Body Corporate ❑ Banks ❑ Trust ❑ Mutual Fund ❑ OCB ❑ FII To be filled by the DP
❑ CM ❑ FI ❑ Clearing House ❑ Other (Specify) ___________
SEBI Registration No. SEBI Registration
D D M M Y Y Y Y
(If Applicable) date
RBI Registration No. RBI Approval date
D D M M Y Y Y Y
(If Applicable)
Nationality ❑ Indian ❑ Others (specify)___________

I / We instruct the DP to receive each and every credit in my / our account [Automatic Credit]
(If not marked, the default option would be `Yes’) ❑ Yes ❑ No
I / We would like to instruct the DP to accept all the pledge instructions in my
/our account without any other further instruction from my/our end ❑ Yes ❑ No
(If not marked, the default option would be ‘No’)
Account Statement
❑ As per SEBI Regulation ❑ Daily ❑ Weekly ❑Fortnightly ❑Monthly
Requirement
I / We request you to send Electronic Transaction-cum-Holding Statement at the email ID
❑ Yes ❑ No
_________________
I / We would like to share the email ID with the RTA ❑ Yes ❑ No
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 Physical)

Clearing Member Details (To be filled by CMs only)

Name of Stock Exchange
Name of CC / CH
Clearing Member Id Trading member ID

I / We wish to receive dividend / interest directly in to my bank account given below

through ECS (if not marked, the default option would be ‘Yes’) [ECS is mandatory for ❑ Yes ❑ No
locations notified by SEBI from time to time ]

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Bank Details [Dividend Bank Details]

Bank Code (9 digit MICR code)

IFS Code (11 character)
Account number
Account type ❑ Saving ❑ Current ❑ Others (specify) ______________________
Bank Name
Branch Name
Bank Branch Address
City State Country PIN code
(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 Rs.5,00,000 ❑ Rs.5,00,000 to Rs. 10,00,000
❑ Rs. 10,00,000 to Rs. 25,00,000 ❑ Rs.25,00,000 to Rs. 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 Directors is either
Politically Exposed Person (PEP) or Related to Politically Exposed Person (RPEP) ❑. Please provide details as per Annexure
2.2 A.
Any other information:

SMS Alert Facility MOBILE NO. +91 __ __ __ __ __ __ __ __ __ __

Refer to Terms & [(Mandatory , if you are giving Power of Attorney ( POA)]
Conditions (if POA is not granted & you do not wish to avail of this facility, cancel this
given as Annexure - 2.4 option).
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.

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I/We have received and read the document of ‘Rights and Obligation of BO-DP’ (DP-CM agreement for BSE Clearing Member
Accounts) including the schedules thereto and the terms & 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 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.

Sole / First Authorised Second Authorised Signatory Third Authorised Signatory

Signatory
Name
Designation
Signature

(In case of more authorised signatories, please add annexure)

(Signatures should be preferably in black ink).

============================= (Please Tear Here) ================================
Acknowledgement Receipt
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

============================= (Please Tear Here) ================================

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 Annexure – 2.2A

Details of Politically Exposed Persons (PEP)/ Related to Politically Exposed Person (RPEP). [ For-non-individual]

Name of holder ___________________________________________________PAN of the holder_______________________

Sr.No Name of the Authorized signatories /Promoters Relation with the holder (i.e. Please tick the
/Partners / Karta/ Trustees /Whole Time Directors promoters, whole time directors etc relevant option.

 PEP
 RPEP
 PEP
 RPEP
 PEP
 RPEP
 PEP
 RPEP
 PEP
 RPEP

Name & Signature of the Authorised Signatories Date____/____/____ PEP: Politically Exposed Person RPEP: Related to politically Exposed Person

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 Annexure 2.3

Instructions to the Applicants (BOs) for account opening:

1. Signatures can be in English or Hindi or any of the other languages contained in the 8 th
Schedule of the Constitution of India. Thumb impressions and signatures other than the
above mentioned languages must be attested by a Magistrate or a Notary Public or a Special
Executive Magistrate / Special Executive Officer under his/her official seal.

2. Signatures should be preferably in black ink.

3. Details of the Names, Address, Telephone Number(s), etc., of the Magistrate / Notary Public
/ Special Executive Magistrate / Special Executive Officer are to be provided in case of
attestation done by them.

4. In case of additional signatures (for accounts other than individuals), separate annexures
should be attached to the account opening form.

5. In case of applications containing a Power of Attorney, the relevant Power of Attorney or the
self-certified copy thereof, must be lodged along with the application.

6. All correspondence / queries shall be addressed to the first / sole applicant.

7. Strike off whichever option, in the account opening form, is not applicable.

********

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 Annexure 2.4
<Reference Number>
Terms And Conditions-cum-Registration / Modification Form for receiving SMS Alerts from CDSL
[SMS Alerts will be sent by CDSL to BOs for all debits]
Definitions:
In these Terms and Conditions the terms shall have following meaning unless indicated otherwise:
1. "Depository" means Central Depository Services (India) Limited a company incorporated in India under the Companies Act 1956 and having its
registered office at 17th Floor, P.J. Towers, Dalal Street, Fort, Mumbai 400001 and all its branch offices and includes its successors and assigns.
2. ‘DP’ means Depository Participant of CDSL. The term covers all types of DPs who are allowed to open demat accounts for investors.
3. ‘BO’ means an entity that has opened a demat account with the depository. The term covers all types of demat accounts, which can be opened with a
depository as specified by the depository from time to time.
4. SMS means “Short Messaging Service”
5. “Alerts” means a customized SMS sent to the BO over the said mobile phone number.
6. “Service Provider” means a cellular service provider(s) with whom the depository has entered / will be entering into an arrangement for providing the
SMS alerts to the BO.
7. “Service” means the service of providing SMS alerts to the BO on best effort basis as per these terms and conditions.

Availability:
1. The service will be provided to the BO at his / her request and at the discretion of the depository. The service will be available to those accountholders
who have provided their mobile numbers to the depository through their DP. The services may be discontinued for a specific period / indefinite period,
with or without issuing any prior notice for the purpose of security reasons or system maintenance or for such other reasons as may be warranted. The
depository may also discontinue the service at any time without giving prior notice for any reason whatsoever.
2. The service is currently available to the BOs who are residing in India.
3. The alerts will be provided to the BOs only if they remain within the range of the service provider’s service area or within the range forming part of the
roaming network of the service provider.
4. In case of joint accounts and non-individual accounts the service will be available, only to one mobile number i.e. to the mobile number as submitted at
the time of registration / modification.
5. The BO is responsible for promptly intimating to the depository in the prescribed manner any change in mobile number, or loss of handset, on which the
BO wants to receive the alerts from the depository. In case of change in mobile number not intimated to the depository, the SMS alerts will continue to
be sent to the last registered mobile phone number. The BO agrees to indemnify the depository for any loss or damage suffered by it on account of SMS
alerts sent on such mobile number.

Receiving Alerts:
1. The depository shall send the alerts to the mobile phone number provided by the BO while registering for the service or to any such number replaced
and informed by the BO from time to time. Upon such registration / change, the depository shall make every effort to update the change in mobile
number within a reasonable period of time. The depository shall not be responsible for any event of delay or loss of message in this regard.
2. The BO acknowledges that the alerts will be received only if the mobile phone is in ‘ON’ and in a mode to receive the SMS. If the mobile phone is in ‘Off’’
mode i.e. unable to receive the alerts then the BO may not get / get after delay any alerts sent during such period.
3. The BO also acknowledges that the readability, accuracy and timeliness of providing the service depend on many factors including the infrastructure,
connectivity of the service provider. The depository shall not be responsible for any non-delivery, delayed delivery or distortion of the alert in any way
whatsoever.
4. The BO further acknowledges that the service provided to him is an additional facility provided for his convenience and is susceptible to error, omission
and/ or inaccuracy. In case the BO observes any error in the information provided in the alert, the BO shall inform the depository and/ or the DP
immediately in writing and the depository will make best possible efforts to rectify the error as early as possible. The BO s hall not hold the depository
liable for any loss, damages, etc. that may be incurred/ suffered by the BO on account of opting to avail SMS alerts facility.
5. The BO authorizes the depository to send any message such as promotional, greeting or any other message that the depository may consider
appropriate, to the BO. The BO agrees to an ongoing confirmation for use of name, email address and mobile number for marketing offers between
CDSL and any other entity.
6. The BO agrees to inform the depository and DP in writing of any unauthorized debit to his BO account/ unauthorized transfer of
securities from his BO account, immediately, which may come to his knowledge on receiving SMS alerts. The BO may send an email
to CDSL at [email protected]. The BO is advised not to inform the service provider about any such unauthorized debit to/
transfer of securities from his BO account by sending a SMS back to the service provider as there is no reverse communication
between the service provider and the depository.
7. The information sent as an alert on the mobile phone number shall be deemed to have been received by the BO and the depository shall not be under
any obligation to confirm the authenticity of the person(s) receiving the alert.
8. The depository will make best efforts to provide the service. The BO cannot hold the depository liable for non-availability of the service in any manner
whatsoever.
9. If the BO finds that the information such as mobile number etc., has been changed without proper authorization, the BO should immediately inform the
DP in writing.

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 Annexure 2.4

Fees:
Depository reserves the right to charge such fees from time to time as it deems fit for providing this service to the BO.

Disclaimer:
The depository shall make reasonable efforts to ensure that the BO’s personal information is kept confidential. The depository does not warranty the confidentiality
or security of the SMS alerts transmitted through a service provider. Further, the depository makes no warranty or representation of any kind in relation to the
system and the network or their function or their performance or for any loss or damage whenever and howsoever suffered or incurred by the BO or by any person
resulting from or in connection with availing of SMS alerts facility. The Depository gives no warranty with respect to the quality of the service provided by the
service provider. The Depository will not be liable for any unauthorized use or access to the information and/ or SMS alert sent on the mobile phone number of the
BO or for fraudulent, duplicate or erroneous use/ misuse of such information by any third person.

Liability and Indemnity:

The Depository shall not be liable for any breach of confidentiality by the service provider or by any third person due to unauthorized access to the information
meant for the BO. In consideration of the depository providing the service, the BO agrees to indemnify and keep safe, harmless and indemnified the depository and
its officials from any damages, claims, demands, proceedings, loss, cost, charges and expenses whatsoever which a depository may at any time incur, sustain,
suffer or be put to as a consequence of or arising out of interference with or misuse, improper or fraudulent use of the service by the BO.

Amendments:
The depository may amend the terms and conditions at any time with or without giving any prior notice to the BOs. Any such amendments shall be binding on the
BOs who are already registered as user of this service.

Governing Law and Jurisdiction:

Providing the Service as outlined above shall be governed by the laws of India and will be subject to the exclusive jurisdiction of the courts in Mumbai.

I/We wish to avail the SMS Alerts facility provided by the depository on my/our mobile number provided in the registration form subject to the terms and conditions
mentioned below. I/ We consent to CDSL providing to the service provider such information pertaining to account/transactions in my/our
account as is necessary for the purposes of generating SMS Alerts by service provider, to be sent to the said mobile number.

I/We have read and understood the terms and conditions mentioned above and agree to abide by them and any amendments thereto made by the depository from
time to time. I/ we further undertake to pay fee/ charges as may be levied by the depository from time to time.

I / We further understand that the SMS alerts would be sent for a maximum four ISINs at a time. If more than four debits take place, the BOs would be required to
take up the matter with their DP.

I/We am/ are aware that mere acceptance of the registration form does not imply in any way that the request has been accepted by the depository for providing
the service.

I/We provide the following information for the purpose of REGISTRATION / MODIFICATION (Please cancel out what is not applicable).
BOID
(Please write your 8 digit DPID) (Please write your 8 digit Client ID)
Sole / First Holder’s Name : ______________________________________________________________________________________________________

Second Holder’s Name : ______________________________________________________________________________________________________

Third Holder’s Name : ______________________________________________________________________________________________________

Mobile Number on which

messages are to be sent +91
(Please write only the mobile number without prefixing country code or zero)

The mobile number is registered in the name of: ___________________________________________________________________________________________

Email ID: ___________________________________________________________________________________________________________________________

(Please write only ONE valid email ID on which communication; if any, is to be sent)

_______________________ ___________________________ __________________________

Signatures Sole / First Holder Second holder Third Holder
Place: _______________ Date: _______________

Confidential
CDSL – DP Operating Instructions –December 2024 Page 2 of 2
 Annexure 2.5

OPTION FORM FOR ISSUE OF DIS BOOKLET

Date D D M M Y Y Y Y

DP ID Client ID
First Holder Name
Second Holder Name
Third Holder Name

To,
Depository Participant Name
Address

Dear Sir / Madam,

I / We hereby state that: [Select one of the options given below]

❑ OPTION 1:
I / We require you to issue Delivery Instruction Slip (DIS) booklet to me / us immediately on opening of my / our CDSL
account though I / we have issued a Power of Attorney (POA) / registered for eDIS / executed PMS agreement in favour
of / with _______________________________(name of the attorney / Clearing Member / PMS manager) for executing
delivery instructions for settling stock exchange trades [settlement related transactions] effected through such $Power of
Attorney holder -Clearing Member / by PMS manager/ for executing delivery instructions through eDIS.

Yours faithfully
First/Sole Holder Second Joint Holder Third Joint Holder
Name

Signatures

OR

❑ OPTION 2:
I / We do not require the Delivery Instruction Slip (DIS) booklet for the time being, since I / We have issued a POA/
registered for eDIS / executed PMS agreement in favour of / with _______________________________________ (name
of the attorney / Clearing Member / PMS manager) for executing delivery instructions for settling stock exchange trades
[settlement related transactions] effected through such Power of Attorney Holder - Clearing Member / by PMS manager or
for executing delivery instructions through eDIS. However, the Delivery Instruction Slip (DIS) booklet should be issued to
me / us immediately on my / our request at any later date.

Yours faithfully
First/Sole Holder Second Joint Holder Third Joint Holder
Name

Signatures

============================= (Please Tear Here) ================================

Acknowledgement Receipt

Received OPTION FORM FOR ISSUE / NON ISSUE OF DIS BOOKLET from :

DP ID Client ID
Name of the Sole / First Holder
Name of Second Joint Holder
Name of Third Joint Holder

Depository Participant Seal and Signature

Confidential
CDSL – DP Operating Instructions – December 2024 Page 1 of 1
 Annexure-2.6

[ref: Communiqué no. CDSL/OPS/DP/SYSTM/2018/408 dated August 03, 2018]

CDSL – DP Operating Instructions – December 2024 Page 1 of 1

Confidential
 Annexure 2.7
Rights and Obligations of Beneficial Owner and Depository Participant as
prescribed by SEBI and 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.

CDSL – DP Operating Instructions – December 2024 Page 1 of 4

Confidential
 Annexure 2.7

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 Bye-
Laws/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.

13. The stock broker / stock broker and depository participant shall not directly / indirectly compel
the clients to execute Power of Attorney (PoA) or Demat Debit and Pledge Instruction (DDPI)
or deny services to the client if the client refuses to execute PoA or DDPI.

Statement of account

14. 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.

15. 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.

16. 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.

17. 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

18. 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.

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CDSL - DP Operating Instructions - March 2024 Page 2 of 4
 Annexure 2.7

19. 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

20. 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.

21. 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

22. As per Section 16 of Depositories Act, 1996,

1. 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.

2. 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

23. 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.

24. 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

25. 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

26. 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.

Confidential
CDSL - DP Operating Instructions - March 2024 Page 3 of 4
 Annexure 2.7

Law and Jurisdiction

27. 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.

28. 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.

29. The Beneficial Owner and the DP shall abide by the arbitration and conciliation procedure
prescribed under the Bye-laws of the depository and that such procedure shall be applicable to
any disputes between the DP and the Beneficial Owner.

30. 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

31. 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.

32. If the rights and obligations of the parties hereto are altered by virtue of change in Rules and
regulations of SEBI or Bye-laws, 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.

Confidential
CDSL - DP Operating Instructions - March 2024 Page 4 of 4
 Annexure 2.8

Additional information to be obtained along with the SARAL Account Opening Form
for Resident Individuals

Date D D M M Y Y Y Y

To be filled by the Depository Participant)

Application No. Date D D M M Y Y Y Y
DP Internal Reference No.
DP ID Client ID

Holders Details

Sole / First UID

Holder’s Name
PAN
UCC
Second Holder’s
Exchange
Name
Name & ID
UID
Third Holder’s PAN
Name UID

Name ____________________________________________________________________________________
* ____________________________________________________________________________________
*In case of Firms, Association of Persons (AOP), Partnership Firm, Unregistered Trust, etc., although the account is
opened 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.

Status Sub – Status

❑ Individual ❑ Individual Resident

I / We would like to instruct the DP to accept all the pledge instructions in

my /our account without any other further instruction from my/our end ❑ Yes ❑ No
(If not marked, the default option would be ‘No’)
Account Statement
❑ As per SEBI Regulation ❑ Daily ❑ Weekly ❑Fortnightly ❑Monthly
Requirement
I / We request you to send Electronic Transaction-cum-Holding Statement at the email ID
❑ Yes ❑ No
______________________
I / We would like to share the email ID with the RTA ❑ Yes ❑ No
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)

I/ We wish to receive dividend / interest directly in to my bank account as given in SARAL

AOF through ECS (If not marked, the default option would be ‘Yes’) ❑ Yes ❑ No
[ECS is mandatory for locations notified by SEBI from time to time ]

Other Details Income Range per annum:

Gross Annual ❑ Up to Rs.1,00,000 ❑ Rs 1,00,000 to Rs 5,00,000 ❑ Rs 5,00,000 to Rs 10,00,000
Income Details ❑ Rs 10,00,000 to Rs 25,00,000 ❑ More than Rs 25,00,000
Net worth as on (Date) D D M M Y Y Y Y Rs
[Net worth should not be older than 1 year]
Occupation ❑ Private / Public Sector ❑ Govt. Service ❑ Business ❑ Professional ❑ Agriculture
❑ Retired ❑ Housewife ❑ Student ❑ Others (Specify) __________________
Please tick , if applicable: ❑Politically Exposed Person (PEP) ❑ Related to Politically Exposed Person (RPEP)
Any other information:

CDSL – DP Operating Instructions – December 2024 Page 1 of 4

Confidential
 Annexure 2.8

SMS Alert Facility MOBILE NO. +91 __ __ __ __ __ __ __ __ __ __

Refer to Terms & [(Mandatory , if you are giving Power of Attorney ( POA)]
Conditions (if POA is not granted & you do not wish to avail of this facility, cancel this
given as Annexure - 2.4 option).
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.

Nomination Details

Nomination Registration No. Dated

I/We hereby confirm that I/We do not wish to appoint any nominee in my demat account and understand the
issues involved in non-appointment of nominee(s) and further are aware that in case of death of all the account holder(s),
my / our legal heirs would need to submit all the requisite documents / information for claiming of assets held in my / our
demat account, which may also include documents issued by Court or other such competent authority, based on the value
of assets held in the demat account..
.
First/Sole Holder or Second Holder Third Holder
Guardian (in case of Minor)
Name
Signatures

Note:
Signature of witness, along with name and address are required, if the account holder affixes thumb impression, instead of signature [in
both the cases i.e. nomination / / opt out nomination -

I/We nominate the following persons who is/are entitled to receive security balances lying in my/our account, particulars
where of are given below, in the event of my / our death.

Nomination Details Nominee 1 Nominee 2 Nominee 3

Nominee Name :
*First Name: ...................................... ...................................... .....................................
........................................ .............................. ..............................
Middle Name: ...................... .............................. ..............................

*Last Name

*Percentage of allocation of
securities

Equally
[If not equally, please
specify percentage] % % %

Or

󠄀
Share of each Nominee

Any odd lot after division shall be transferred to the first nominee mentioned in the form

Nomination Identification Nominee 1 Nominee 2 Nominee 3

Details [Please tick any one
of following and provide
details of same]

CDSL – DP Operating Instructions – December 2024 Page 2 of 4

Confidential
 Annexure 2.8
󠄀 Photograph & Signature
󠄀 PAN
󠄀 Aadhaar
Saving Bank account no.
󠄀 Proof of Identity󠄀
󠄀 Demat Account ID
[Optional Fields]

*Address:

*City
*State
*Pin
*Country
Mobile no/Telephone No.
[Optional Fields]

Email ID:
[Optional Fields]

FAX No.:
[Optional Fields]
*Relationship with the BO:
Date of birth (mandatory if
Nominee is a minor)
dd-mm-yyyy
Name of the Guardian of
Nominee (if nominee is a
minor)
*First Name: ..................................... ...................................... .....................................
...................................... .............................. ..............................
Middle Name: ........................ .............................. ..............................

*Last Name

*Address of the guardian of

nominee:

*City
*State
*Country
*PIN
Age
Mobile Telephone no.:
[Optional Fields]
Email ID:
[Optional Fields]
Fax No.
[Optional Fields]
To be filled only if nominee(s) is a minor:
*Relationship of the
Guardian with the Nominee
Guardian Identification
details – [Please tick any
one of following and provide
details of same]
󠄀 Photograph & Signature
󠄀 PAN Aadhaar Saving
Bank account no. Proof of
Identity󠄀
󠄀 Demat Account ID
[Optional Fields]

CDSL – DP Operating Instructions – December 2024 Page 3 of 4

Confidential
 Annexure 2.8

Note : Residual securities: in case of multiple nominees, remaining after distribution of securities as per
percentage of allocation. shall be transferred to the first nominee .
* Marked is Mandatory field
Note
Signature of witness, along with name and address are required, if the account holder affixes thumb impression, instead of
signature [in both the cases i.e. nomination / opt out nomination

Details of the Witness

Witness Details
Name of witness
Address of witness

Signature of witness
This nomination shall supersede any prior nomination made by the account holder(s), if any.

I / We have received and read the Rights and Obligations document and terms & 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 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 agree and
undertake to intimate the DP any change(s) in the details / Particulars mentioned by me / us in this form. 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 Holder or Second Holder Third Holder

Guardian (in case of Minor)
Name
Signatures
(Signatures should be preferably in black ink).

The Depository Participant shall provide acknowledgement of the nomination form to the account holder(s)

============================= Please Tear Here) ================================

Acknowledgement Receipt
Application No.: Date:

We hereby acknowledge the receipt of the Account Opening and nomination Application Form:

Name of the Sole / First Holder

Name of Second Holder
Name of Third Holder

Depository Participant Seal and Signature

CDSL – DP Operating Instructions – December 2024 Page 4 of 4

Confidential
 Annexure 2.9
Date:

BO ID (16 digits) -

BO Name/s -

Demat Debit and Pledge Instruction

S.No. Purpose Signature of Client /s

*
1. Transfer of securities held in the beneficial
owner accounts of the client towards Stock
Exchange related deliveries / settlement
obligations arising out of trades executed by
clients on the Stock Exchange through the
same stock broker
2. Pledging / re-pledging of securities in favour
of trading member (TM) / clearing member
(CM) for the purpose of meeting margin
requirements of the clients in connection
with the trades executed by the clients on the
Stock Exchange.
3. Mutual Fund transactions being executed on
Stock Exchange order entry platforms
4. Tendering shares in open offers through Stock
Exchange platforms
* the same may be e-Signed or signed physically

DP Name :

DP Signature & Seal & Stamp :

CDSL - DP Operating Instructions December 2024 Page 1 of 1

Confidential
 Annexure 3.1
Account Details Addition / Modification / Deletion Request Form

Depository Participant Name / Address

Application No. Date D D M M Y Y Y Y

Please fill all the details in Block Letters in English

DP ID Client ID

Account Holder’s Details

Name of First / Sole Holder
Name of Second Holder
Name of Third Holder

❑ I/We request to carry out the change of correspondence/permanent address / signature in the demat account

❑ I/We request to carry out the change of address / signature in the KRA and demat account

I/We request you to make the following additions / modifications / deletions to my/our account in your records.

DETAILS
(Please specify change of Addition /
correspondence Modification /
Existing Details New Details
/permanent address, Deletion
bank details, telephone (Please specify)
number, sub-status etc.)

Attach an Annexure (with signature(s)) if the space above is found insufficient.

First/Sole Holder Second Holder Third Holder

Name

Signature

==========================(Please Tear Here)===========================

Acknowledgement Receipt

Received Account Details Addition / Modification / Deletions request as per details given below :
Application No. Date D D M M Y Y Y Y
DP ID Client ID
Name of the Sole / First Holder
Name of Second joint Holder
Name of Third joint Holder
Modification requested for:
[Specify reason]

Depository Participant Seal and Signature

Confidential
CDSL – DP Operating Instructions – December 2024 Page 1 of 1
 Annexure 3.2

Nomination Form
To,
The Depository Participant Name
Address

Dear Sir/ Madam,

I/We hereby confirm that I/We do not wish to appoint any nominee in my demat account and understand the
issues involved in non-appointment of nominee(s) and further are aware that in case of death of all the account
holder(s), my / our legal heirs would need to submit all the requisite documents / information for claiming of assets held
in my / ourv demat account, which may also include documents issued by Court or other such competent authority, based
on the value of assets held in the demat account.

[Strike out what is not applicable.] [Signatures of all account holders should be obtained on this form].

First/Sole Holder Second Holder Third Holder

Name

Signature

Note:
Signature of witness, along with name and address are required, if the account holder affixes thumb impression, instead
of signature [in both the cases i.e. nomination / opt out nomination.

I/We nominate the following person/s who is entitled to receive all Assets / security balances lying in my/our
account, particulars whereof are given below, in the event of the death of te Sole holder or the death of all the
Joint Holders.

BO Account Details
DP ID Client ID
Name of the Sole / First Holder
Name of Second Holder
Name of Third Holder

Nomination Details Nominee 1 Nominee 2 Nominee 3

Nominee Name :
*First Name: ................................. ................................. .................................
Middle Name: ............................. ............................. .............................
*Last Name ............................. ............................... ...............................
*Percentage of
allocation of
securities:
󠄀
Equally
[If not equally, please specify
percentage] % % %

Or

󠄀
Share of each Nominee

CDSL – DP Operating Instructions – December 2024 Page 1 of 4

Confidential
 Annexure 3.2

Any odd lot after division shall be transferred to the first nominee mentioned in the form

Nomination
Identification Details – Nominee 1 Nominee 2 Nominee 3
[Please tick any one
of following and
provide details of
same]

󠄀 Photograph &
Signature
󠄀 PAN 󠄀
󠄀 Aadhaar
󠄀 Saving Bank
account no. 󠄀
󠄀 Proof of Identity󠄀
󠄀 Demat Account ID
[Optional Fields]

*Address:

*City:
*State:
*Pin:
*Country:
Mobile no. /
Telephone No:
[Optional Fields]

Email ID:
[Optional Fields]

Fax No:
[Optional Fields]
*Relationship with the
BO:

To be filled only if nominee(s) is a minor:

Date of birth
(mandatory if
Nominee is a minor):
Name of the Guardian
of Nominee (if the
nominee is minor):
*First Name: ................................. ................................. .................................
Middle Name: ............................. ............................. .............................
............................. ............................. .............................
*

*Last Name

*Address of the
Guardian of nominee:

CDSL – DP Operating Instructions – December 2024 Page 2 of 4

Confidential
 Annexure 3.2

*City:
*State:
*Country:
*Pin:
Age
Mobile /Telephone
no.:
[Optional Fields]

Email ID:
[Optional Fields]

Fax No:
[Optional Fields]

*Relationship of the
Guardian with the
Nominee:

Guardian Identification
details – [Please tick any
one of following and
provide details of same]
󠄀 Photograph &
Signature
󠄀 PAN 󠄀 󠄀 󠄀 󠄀 Aadhaar
Saving Bank account no. 󠄀
Proof of Identity󠄀
󠄀 Demat Account ID
[Optional Fields]

Note : Residual securities: incase of multiple nominees, remaining after distribution of securities as per percentage of
allocation. shall be transferred to the first nominee.

* Marked is Mandatory field

Note:
Signature of witness, along with name and address are required, if the account holder affixes thumb impression, instead
of signature [in both the cases i.e. nomination / opt out nomination.

Details of the Witness

Witness Details
Names of Witness

Address of Witness

Signature of Witness

CDSL – DP Operating Instructions – December 2024 Page 3 of 4

Confidential
 Annexure 3.2

This nomination shall supersede any prior nomination made by the account holder(s), if any.

Place: ___________________________ Date: ____________________

First/Sole Holder Second Holder Third Holder

Name

Signature

The Depository Participant shall provide acknowledgement of the nomination form to the account holder(s)

(To be filled by DP)

Nomination Form accepted and registered wide Registration No. _____________________ dated ______________.

For Depository Participant

(Authorised Signatory)

================================(Please Tear here) ==============================

Acknowledgement Receipt
Received nomination from :

DP ID Client ID
Name
Address

Nomination in favor of
First - Nominee
Second - Nominee

Third - Nominee

No Nomination  Would like to opt out nomination.

Registration No. Registered on D D M M Y Y Y Y

Depository Participant Seal and Signature

CDSL – DP Operating Instructions – December 2024 Page 4 of 4

Confidential
 Annexure 4.1

Dematerialisation Request Form

❑ Normal Dematerialization ❑ Transmission-cum- Dematerialization
❑ Transposition-cum-Dematerialization

Depository Participant Name / Address

(To be filled up by the Depository Participant)

DRN Date D D M M Y Y Y Y
DRF No. Date D D M M Y Y Y Y

(To be filled by the BO. Please fill all the details in BLOCK LETTERS in English. Fill up a separate DRF for Free
securities and Locked – in securities. In case of locked - in securities fill up a separate DRF for different lock-in
reason / lock-in expiry dates.)

I / We request you to dematerialise the enclosed security certificate(s) registered in my / our name into my / our
demat account.

DP ID Client ID
Name of First Holder
Name of Second Holder
Name of Third Holder
Name of the Company
ISIN I N
Quantity to be Dematerialized (In Figures)
(In Words)
Number Of Certificates (in words)
Nature of Securities ❑ Free Securities ❑ Lock-in Securities
Lock-in reason
Lock in Expiry Date D D M M Y Y Y Y

Details of Securities:
Type of Security ❑ Equity ❑ Debentures ❑ Bonds ❑ Units
❑ Other (Specify)
Face Value of Securities
From To From To From To
Folio No.
Certificate Numbers
Distinctive Numbers
Quantity

Attach an annexure (duly signed by account holder(s)) in the above format if the space is not sufficient.

The original certificates / documents are hereby surrendered by me / us for dematerialisation and the same are free
from any lien or charge or encumbrance and represent the bonafide securities of the Issuer Company to the best of
my / our knowledge and belief.

First / Sole Holder Second Holder Third Holder

Name

Signature with DP

Signature with RTA

Participant Authorization (From DP to RTA)

We have received the above-mentioned securities bearing ISIN__________________ for Dematerialisation. The
Application form is verified with the Certificates / Documents surrendered for dematerialisation and we certify that
the application form is in accordance with the details mentioned in the enclosed certificates / documents. It is also
certified that the Holder(s) of securities have a beneficiary account with us in the same name(s) and order of
name(s).

CDSL – DP Operating Instructions –Confidential

December 2024 Page 1 of 2
 Annexure 4.1

Depository Participant Seal and Signature

=========================(Please tear here)==== =======================

Acknowledgement Receipt

DRF No. Date D D M M Y Y Y Y

DP ID Client ID
First / Sole Holder Name
Second Joint Holder Name
Third Joint Holder Name
Name of the Company
Type of Security ❑ Equity ❑ Debentures ❑ Bonds ❑ Units
❑ Other (Specify)
ISIN
No. of Securities (in figures)
No. of Securities (in words)
No. of Certificates (in figures)
No. of Certificates (in words)

We hereby acknowledge the receipt of certificates / documents, in respect of the above securities for
dematerialization subject to verification.

Depository Participant Seal and Signature

Instructions:

1. In case of transmission-cum-demat, a notarized copy of death certificate of the deceased holder, copy of
the Order of the Court, etc. to be attached with DRF.

2. In case of transposition–cum–demat, a duly executed Transposition Request Form to be attached with the
DRF.

CDSL – DP Operating Instructions –Confidential

December 2024 Page 2 of 2
 Annexure 4.2

APPLICATION FORM FOR TRANSPOSITION [TPRF]

[TO BE ATTACHED WITH DRF]

Depository Participant Name / Address

TPRF No. Date D D M M Y Y Y Y

Please transpose the names of the holders of securities as identified in the accompanying demat request form and
thereafter credit the same in the demat account as detailed below:

DRF No. Date D D M M Y Y Y Y

Name of the Company
ISIN I N

DP ID Client ID
Name of the holders (As it appears in the Demat Account)
First / Sole Holder Name
Second Holder Name
Third Holder Name

Name of the Holders (As it appears on the Certificates):

Folio Nos.-
Sr. No. Name(s) of the Holder(s)
1.
2.
3.

Folio Nos.-
Sr. No. Name(s) of the Holder(s)
1.
2.
3.

Folio Nos.-
Sr. No. Name(s) of the Holder(s)
1.
2.
3.

First / Sole Holder Second Holder Third Holder

Name (as per demat a/c)

Signature with DP

Signature with RTA

We state that the above details are true to the best of our knowledge

Depository Participant Seal and Signature

Note: 1. Separate Transposition form should be filled by the joint holders for securities having distinct ISIN.
2. Please write each combination of names in separate boxes.
3. Use separate transposition form if there are more than three combinations of names.

Confidential
CDSL – DP Operating Instructions – December 2024 Page 1 of 1
 Annexure 4.3

[Duly Stamped]

DEED OF INDEMNITY (For loss of shares in transit)

The DEED OF INDEMNITY is made at ______________ this _____ day of _____________

between ____________________________________________________________, registered as
a Depository Participant with the Central Depository Services (India) Limited [CDSL] (hereinafter
referred to as “the Depository Participant”) and its successors of the ONE PART and
__________________________________________________________ (name of the institution)
hereinafter referred to as “the Issuer/RTA” (which expression shall unless repugnant to the
context or meaning thereof be deemed to mean and include its successors) of the OTHER
PART.

WHEREAS,
1. The BO ____________________________________________________ (holding account no.
___________________________) has lodged __________ securities of the Issuer vide Folio
no.______________ bearing distinctive no. ______________ to _____________ vide
certificate no. for dematerialisation on _________________.

2. The DP has generated DRN ____________ in respect of the above mentioned securities
submitted by the BO.

3. The Depository Participant has forwarded the same to the Issuer/RTA along with the
duly cancelled certificates on ___________ vide courier/Registered Post/Speed Post bearing
courier consignment no./Registered A D no./ Speed Post Receipt no. _____________ .

4. The Issuer/RTA has stated that he is not in receipt of the said Certificates/documents in
lieu of certificates/documents conveying ownership of securities till date.

5. The Issuer/RTA has/have rejected the demat request on __________ as the said
certificates has/have not been received till date and it is construed that the documents
has/have been lost in transit.

6. The DP hereby declares that the said certificates received from the BO was/were duly
cancelled and forwarded to you for dematerialisation and undertake that in case the DP
comes across the original certificates they shall surrender the same to the Issuer/RTA.

Confidential
CDSL – DP Operating Instructions – December 2024 Page 1 of 2
 Annexure 4.3

7. The DP has/have now raised a fresh demat request for the said certificates, which were lost
in transit, vide DRN ___________ dated __________ which were forwarded to the
Issuer/RTA vide courier/Registered Post/Speed Post bearing courier consignment no./
Registered Post/ Speed Post Receipt no. ____________ as per the guidelines provided by
Securities and Exchange Board of India mentioned against serial no.4 vide its Circular no.
SMRDP/Policy/Cir-28/99 dated 23.08.1999.

NOW THIS DEED WITNESSETH in consideration of the Issuer/RTA having agreed to

dematerialize the said securities on the strength of the representation hereinabove made by the
Depository Participant, the Depository Participant agrees to indemnify and keep indemnified the
Issuer/RTA against claims and demands that may be made of or against the Issuer/RTA for all
losses or damages and all action, suit, litigations or proceedings (including all costs, charges,
expenses relating thereto) that the Issuer/RTA may incur or suffer on account of any person in
whose hands the said securities may have fallen (including any subsequent transferee or
transferees from such person whether for valuable consideration or not) acquiring any right
and/or any interest and/or any benefit and/or equivalent number of securities whether on
transfer or dematerialisation or rematerialisation or otherwise howsoever.

IN WITNESS WHERE the Depository Participant has put his hands and seal the day, month and
year first hereinabove mentioned.

SIGNED AND DELIVERED by

The within named Depository Participant

In the presence of:

_________________________________

Confidential
CDSL – DP Operating Instructions – December 2024 Page 2 of 2
 DELETED w.e.f. February 2009 Annexure 4.4
[Not required. Same form is available as Annexure 7.1]

TRANSMISSION REQUEST FORM

(in case of death of the sole holder)

Confidential
CDSL – DP Operating Instructions – December 2024 Page 1 of 1
 Annexure 4.5

TRANSMISSION-CUM-DEMATERIALIZATION FORM
(In case of death of one / more of the joint holders)

Application No. Date D D M M Y Y Y Y

(Please fill all the details in Block Letters in English)

To,
Depository Participant Name
Address

Dear Sir / Madam,

I/We, the surviving joint holder(s) request you to dematerialize the enclosed securities in our account as per details given
below. The securities were held by me/us jointly with Mr./Mrs,/Ms._____________________
___________________________, who has expired.

The Original Death Certificate / a copy of the death certificate, duly notarized or attested under seal by a
Gazetted Officer (strike out what is not applicable), is attached herewith, along with a duly-filled and signed DRF and
physical share certificates listed below.

I/We request you to advise the Issuer/RTA to process the demat request and credit the securities to the demat account
mentioned below:

DEMAT ACCOUNT NUMBER of surviving BOs:

DP ID Client ID
DRF No. Date D D M M Y Y Y Y

Sr.
Name of the Security ISIN Quantity to be transmitted
No.

If the are more ISINs to be dematerialized, attach an Annexure, duly signed by the account holders

1 2

Name(s)
of the surviving holder(s)

Signature(s)
of the surviving holder(s)

Confidential
CDSL – DP Operating Instructions – December 2024 Page 1 of 2
 Annexure 4.5

==========================(Please tear here)===========================

Acknowledgement Receipt
Application No. Date: -

We hereby acknowledge receipt of the following instructions for transmission-cum-dematerialization, as per the details
given in the Transmission Form and DRF, from:

Demat Account number of the surviving BO(s):-

DP ID Client ID
DRF Number Date D D M M Y Y Y Y

Surviving Holder(s) Name(s) – (strike out what is not applicable):

First/Sole Holder Second Holder Third Holder

Documents Submitted

Documents subject to verification.

Depository Participants Seal & Signature

Confidential
CDSL – DP Operating Instructions – December 2024 Page 2 of 2
 Annexure 6.1

Instruction Form for Purchase Waiver

Date D D M M Y Y Y Y

DP ID Client ID
First Holder Name

To,
Depository Participant Name
Address

Dear Sir / Madam,

I/We hereby authorize you to accept all credits in my / our Beneficial Owner/s account number
given above. The instruction will be irrevocable until and unless otherwise informed to you.

Thanking you,

Yours faithfully,

First/Sole Holder Second Holder Third Holder

Name

Signature

========================(Please Tear here)======================

Acknowledgement Receipt

Received Waiver for Purchase Transactions instruction from:

DP ID Client ID
Name of the Sole / First
Holder
Name of Second joint
Holder
Name of Third joint Holder

Depository Participant Seal and Signature

Confidential
CDSL – DP Operating Instructions – December 2024 Page 1 of 1
 DP Name Address Annexure 6.2a
DP ID and DP SEBI Reg. No. [DP Logo]
Instruction Slip for Delivery / Receipt
(To be filled in duplicate) Serial no: # _______
□ Delivery □ Receipt
I / We request you to debit / credit my / our account as under: - Date: - D D M M Y Y Y Y
DPID $ Client ID $ First / Sole Holder's Name

Sr. QUANTITY Instruction Reference No.

ISIN Security Name
No. In figures In words [to be filled by DP]

1 I N
2 I N
3 I N
4 I N
5 I N
Total Instructions Issued (In words only)
If transfers from BO (Investor) account to another BO (Investor) account and NOT RELATED to Stock Exchange Transactions: - CMID (Applicable for Early Pay- Execution Date (Not
Please mention consideration amount in Rs.___________________________________________ OR Applicable for Early Pay-in and
in and Normal Pay-in)
Normal Pay-in)
Please specify reason (as given below):-
D D M M Y Y Y Y

-: Fill the relevant columns :-

Instruction Type Account Transfer - With in CDSL (Transaction) Account Transfer - Outside CDSL (Inter Depository) Market Trades (Settlements)
Settlement Details BO-BO BO-CM, CM-BO, CM-CM BO-BO BO-CM, CM-BO, CM-CM Early Pay-in Normal Pay-in
Exchange Name OPTIONAL OPTIONAL
Settlement / Market Type OPTIONAL OPTIONAL
Settlement Number
Counter DP ID / CM BP ID NOT APPLICABLE
Counter Client ID NOT APPLICABLE
Counter BO / CM Name
Counter Settlement Details CM-CM CM-CM
Exchange Name NOT APPLICABLE NOT APPLICABLE NOT APPLICABLE NOT APPLICABLE
Settlement / Market Type NOT APPLICABLE NOT APPLICABLE NOT APPLICABLE NOT APPLICABLE
Settlement Number NOT APPLICABLE NOT APPLICABLE NOT APPLICABLE NOT APPLICABLE
-: Blank & Signed Delivery Instruction Slips should not be left with your DP/Broker :-

Signature of First / Sole Holder Signature of Second Holder Signature of Third Holder
-: For DPs office use only :-
Internal Ref. No. Signature Verified By Transaction Entered By

# - Pre-printed, $ - Pre-printed / Pre-stamped

Confidential
CDSL – DP Operating Instructions – December 2024 1 of 1
 DP Name Address Annexure 6.2b
DP ID and DP SEBI Reg. No. [DP Logo]
Instruction Slip for Delivery / Receipt
(To be filled in duplicate) Serial no: # _______
□ Delivery □ Receipt
I / We request you to debit / credit my / our account as under: - Date: - D D M M Y Y Y Y
DPID $ Client ID $ First / Sole Holder's Name

Sr. QUANTITY Instruction Reference No.

ISIN Security Name
No. In figures In words [to be filled by DP]

1 I N
2 I N
3 I N
4 I N
5 I N
Total Instructions Issued (In words only)

CMID (Applicable for Early Pay-in and Normal Pay-in) Execution Date (Not Applicable for Early Pay-
in and Normal Pay-in)

-: Fill the relevant columns :-

Instruction Type Account Transfer to CM With in CDSL (Transaction) Account Transfer to CM Outside CDSL (Inter Depository) Settlements Obligations
Settlement Details BO-CM BO-CM Early Pay-in Normal Pay-in
Exchange Name
Settlement / Market Type
Settlement Number
Counter CM /DP ID NOT APPLICABLE
Counter Client ID NOT APPLICABLE
Counter CM Name
-: Blank & Signed Delivery Instruction Slips should not be left with your DP/Broker :-

Signature of First / Sole Holder Signature of Second Holder Signature of Third Holder
-: For DPs office use only :-
Internal Ref. No. Signature Verified By Transaction Entered By

# - Pre-printed, $ - Pre-printed / Pre-stamped

Confidential
CDSL - DP Operating Instructions - December 2024 1 of 1
 DP Name Address Annexure 6.3a
DP ID and DP SEBI Reg. No. [DP Logo]
Instruction Slip for Delivery / Receipt Serial no: # _______
(To be filled in duplicate)
□ Delivery □ Receipt
I / We request you to debit / credit my / our account as under: - Date: - D D M M Y Y Y Y
DPID $ Client ID $ First / Sole Holder's Name

Sr. QUANTITY Instruction Reference No.

No.
ISIN Security Name [to be filled by DP]
In figures In words
1 I N
2 I N
3 I N
4 I N
5 I N
Total Instructions Issued (In words only)
If transfers from BO (Investor) account to another BO (Investor) account and NOT RELATED to Stock Exchange Transactions: -
Please mention consideration amount in Rs.___________________________________________ OR Execution Date
Please specify reason (as given below):-
D D M M Y Y Y Y

-: Fill the relevant columns :-

Instruction Type Account Transfer - With in CDSL (Transaction) Account Transfer - Outside CDSL (Inter Depository)
Settlement Details BO-BO BO-CM, CM-BO, CM-CM BO-BO BO-CM, CM-BO, CM-CM
Exchange Name OPTIONAL OPTIONAL
Settlement / Market Type OPTIONAL OPTIONAL
Settlement Number
Counter DP ID / CM BP ID
Counter Client ID
Counter BO / CM Name
Counter Settlement Details CM-CM CM-CM
Exchange Name NOT APPLICABLE NOT APPLICABLE
Settlement / Market Type NOT APPLICABLE NOT APPLICABLE
Settlement Number NOT APPLICABLE NOT APPLICABLE
-: Blank & Signed Delivery Instruction Slips should not be left with your DP/Broker :-

Signature of First / Sole Holder Signature of Second Holder Signature of Third Holder
-: For DPs office use only :-
Internal Ref. No. Signature Verified By Transaction Entered By

# - Pre-printed, $ - Pre-printed / Pre-stamped

Confidential
CDSL – DP Operating Instructions – December 2024 1 of 1
 DP Name Address Annexure 6.4a
DP ID and DP SEBI Reg. No. [DP Logo]
Instruction Slip for Delivery Serial no:- #____________
(To be filled in duplicate)

I / We request you to debit my / our account as under :- Date :- D D M M Y Y Y Y

DPID $ Client ID $ First / Sole Holder's Name

Sr. QUANTITY Instruction Reference No.

ISIN Security Name
No. In figures In words [to be filled by DP]

1 I N
2 I N
3 I N
4 I N
5 I N
Total Instructions Issued (In words only)
-: Fill the relevant columns :-
Instruction Type Early Pay-in Normal Pay-in
Exchange Name
Settlement / Market Type
Settlement Number
CMID
Counter DPID NOT APPLICABLE
Counter Client ID NOT APPLICABLE
-: Blank & Signed Delivery Instruction Slips should not be left with your DP/Broker :-

Signature of First / Sole Holder Signature of Second Holder Signature of Third Holder
-: For DPs office use only :-
Internal Ref. No. Signature Verified By Transaction Entered By
# - Pre-printed, $ - Pre-printed / Pre-stamped
Confidential
CDSL – DP Operating Instructions – December 2024 1 of 1
 Annexure 6.5

Letter to modify / delete instruction slip

To,
The Depository Participant Name
Address
Date D D M M Y Y Y Y

DP ID Client ID
First Holder Name

I/We request you to modify / delete the on-market (BO confirmation) / auto pay-in instruction.
The details are as given below –

Settlement ID CM ID ISIN Security Name Qty (in figures)

First/Sole Holder Second Holder Third Holder

Name

Signature

================================(Please Tear here) ==============================

Acknowledgement Receipt

Received Instruction to modify / delete the on-market (BO confirmation) / auto pay-in instruction:

DP ID Client ID
Name of the Sole / First Holder

Name of Second joint Holder

Name of Third joint Holder

Depository Participant Seal and Signature

Confidential
CDSL – DP Operating Instructions – December 2024 Page 1 of 1
 Annexure 6.6
To be printed on the inside back cover of the Delivery Instruction Slip

In case you have grievances against a listed company or intermediary registered with SEBI, you should first
approach the concerned company or intermediary against whom you have grievance. If you are not satisfied with
their response, you may approach SEBI or other regulatory bodies. You can approach SEBI for following types of
grievances:

Listed Companies Brokers and stock exchanges

• Refund/ Allotment / Bonus / Dividend / Rights / Stock brokers
Redemption / Interest Sub brokers
• Prelisting offer documents (shares) Portfolio managers
• Prelisting offer documents (debentures and bonds). Stock exchanges
• Delisting of Securities
• Buyback of Securities
• Takeover and Restructuring
• Corporate Governance and Listing Conditions

Registrar and Transfer Agents Other entities

Mutual Funds Collective Investment Schemes

Debenture Trustees
Depository and Depository participants Merchant Bankers
Bankers to Issue
Information to SEBI:
Credit Rating Agencies
• Price Manipulation
Custodian of Securities
• Insider trading
Foreign Institutional Investors
Underwriters
Venture Capital Funds
KYC Registration Agency(KRA)
Alternative Investment Fund

You can file your complaints online at http://scores.gov.in or alternately send your complaints to Office of Investor
Assistance and Education of SEBI at Mumbai or Regional Offices at the following addresses:
• Office of Investor Assistance and Education, SEBI Bhavan, Plot No.C4-A, 'G' Block, Bandra Kurla Complex,
Bandra (E), Mumbai 400 021 Tel : 022-26449188 / 26449199 (http://scores.gov.in)
• SEBI, Northern Regional Office, 5th Floor, Bank of Baroda Building,16, Sansad Marg, New Delhi - 110 001 Tel
: 011- 23724001-05 ([email protected])
• SEBI, Eastern Regional Office, L&T Chambers, 3rd Floor, 16, Camac Street, Kolkata - 700 016 Tel : 033-
23023000. ([email protected])
• SEBI, Southern Regional Office, 7th Floor, Overseas Towers, 756-L, Anna Salai, Chennai – 600 002 Tel : 044-
24674000 / 24674150 ([email protected])
• SEBI, Ahmedabad Regional, Office Unit No: 002, Ground Floor, SAKAR I, Near Gandhigram Railway Station,
Opp. Nehru Bridge Ashram Road, Ahmedabad - 380 009 Tel : 079-26583633-35 ( [email protected])
For more information visit our website - http://scores.gov.in

Confidential
CDSL – DP Operating Instructions – December 2024 Page 1 of 1
On Rs. 200/- Stamp Paper Annexure 6.7

Undertaking-cum-Indemnity
in respect of facsimile instruction for operation of Depository Account

To
The Depository Participant
______________________
______________________
______________________

Sr no. BO IDs Names of holder(s)

1 First Holder
Second Holder
Third Holder
2 First Holder
Second Holder
Third Holder
3 First Holder
Second Holder
Third Holder

I/We
1) __________________________________ residing at ____________________________
________________________________________________________________________
2) __________________________________ residing at ____________________________
____________________________________________________________________ and,
3) ______________ ___________________ residing at _____________________________
________________________________________________________________________
execute this UNDERTAKING-CUM-INDEMNITY in favour of ______________________________
_____________________________________ (a company incorporated and registered under the
Companies Act, 1956) and having its Registered Office at ________________________________
_____________________________________________________________ Mumbai - _________
hereinafter called “the DP” (which expression shall unless it be repugnant to the context or
meaning thereof mean and include its successors in title) as follows:

WHEREAS I/We maintain a Beneficial Owner Account(s) (“the said Account”) mentioned above,
with the DP at its ____________ Main / Branch office, located at __________________________
_____________________________________, Mumbai. As per the instructions for operation of
the said Accounts, the same is allowed to be operated by us or the persons authorized, in that
behalf (hereinafter referred to as “Authorized Person/s”).

CDSL – DP Operating Instructions – December 2024 Page 1 of 5

Confidential Page 1 of 5
On Rs. 200/- Stamp Paper Annexure 6.7

AND WHEREAS in the day-to-day business, I am / we are required to give urgent instructions to
the DP for operation of the said Account:

WHEREAS the DP has agreed to accept, the original instruction slip, a fax submission thereof signed
by the authorised persons to operate the said account under their signatures, subject to the
indemnity herein offered by me/us to the DP on the terms and conditions herein mentioned.

NOW IN CONSIDERATION OF THE ABOVE, I/We hereby irrevocably agree, confirm and undertake
to the DP as follows:

1. I/We shall transmit the Fax instructions only to the fax number informed/provided to us by the
DP.

2. The Fax Submission shall be signed by the Authorised Person/s mentioned in the List of
Authorised signatories submitted by me/us in the account opening form on behalf of me/us
and their signatures shall be in the same manner and way as has been informed to the DP by
me/us and the DP is hereby requested and authorised, (but is not obliged to) rely upon and
act, in accordance with such Fax Submission which is signed or bonafide believed by the DP to
have been signed, by the Authorised Person/s.

3. The DP is requested by me/us and shall be entitled to treat any Fax Submission as fully and
duly authorised by and binding upon me/us and further be entitled (but not bound) to take
any steps relying upon the same, believing the Fax Submission, in good faith as appropriate,
regardless, of the amount of money involved and notwithstanding any error in transmission or
reception of such Fax Submission or any misunderstanding or ambiguity or lack of clarity in
the terms of such Fax Submission.

4. I/We shall upon making any Telefax Submission hereunder, deliver to the DP without any delay
within two working days, the original hard copy of the Fax Submission (the Hardcopy) signed
by the Authorised Person/s as aforesaid. Each Hardcopy shall bear the following words on the
top of the instruction slip -
“This is a Hardcopy of Fax Submission to you, transmitted on _____ (day) of _____________
(month), _________ (year).

CDSL – DP Operating Instructions – December 2024 Page 2 of 5

Confidential Page 2 of 5
On Rs. 200/- Stamp Paper Annexure 6.7

5. The DP may, but shall not be obliged to, await receipt of the Hard copy prior to taking any action
in connection with the Fax Submission and shall not be obliged to follow-up with me/us for the
originals. Further the storage of a photocopy of the fax transmission sent by me/us shall be
the conclusive evidence of instruction to the DP for having acted on such instructions and I/We
hereby agree and acknowledge the same”.

6. I / We hereby agree that in case the DP does not receive the hard copy of the instruction within
2 working days, the DP may discontinue the said facility. In such cases the DP will do so with
immediate effect after informing me orally / in writing / by fax. I / We undertake that I / we
shall not hold the DP liable for any loss to me / us in case the DP does not act on fax instruction
received by the DP in such a case.

7. The DP shall not be required to confirm (whether orally, in writing or otherwise) any fax
submission or (verify the identity of the Authorised Person/s or his/her/their signature/s making
or giving the fax submission or purporting to do so.

8. The DP shall be under no duty to set and/or adopt any procedure for the purpose of such
confirmation or verification and if at all there is any, the DP shall not be obliged to strictly adopt
or comply with the same in any or every instance.

9. The DP shall not be liable for any losses or damages which I/we may suffer as a consequence
of the DP acting in accordance with or in reliance upon, any Fax Submission or otherwise
pursuant to the authority conferred herein, upon the DP.

10. I/We shall indemnify the DP and CDSL and keep them indemnified and save harmless, at all
times against any and all claims, losses, damages, costs liabilities and expenses incurred,
suffered or paid or incurred by the DP or required to be incurred, suffered or paid by the DP
and also against all demands, actions, suit proceedings made, filed / instituted against the DP,
in connection with or arising out of or in relation to or as a consequence of:

i. The DP acting pursuant to, in accordance with or relying upon, any Fax Submission or
otherwise pursuant to the request and authority conferred herein; and/or;
ii. The DP acting pursuant to in accordance with or relying upon any Fax Submission received
by the DP which it believes in good faith to be such a Fax Submission; and / or;

CDSL – DP Operating Instructions – December 2024 Page 3 of 5

Confidential Page 3 of 5
On Rs. 200/- Stamp Paper Annexure 6.7

iii. Any unauthorized or fraudulent Fax Submission to the DP. PROVIDED that this indemnity
shall not be available to the DP, if the liabilities for which the DP seeks indemnification
hereunder, arises directly and completely from its own negligence or willful default.
iv. The DP not having acted on the fax submission due to non-receipt of the transmission or
receipt of incomplete or partly / fully unreadable transmission.
v. The DP not having acted on any fax submission sent by me / us on a number other than
the number mentioned by the DP for the purpose of fax transmission.

11. The DP shall not be under any obligation at any time to maintain any facility for the receipt of
any Fax Submission or to ensure the continued operations or availability of any such facsimile
facilities or equipment, and I/we shall not hold the DP liable for any loss consequent to non-
availability of the said fax facility.

12. I/We acknowledge and confirm that I am/we are aware that by the very nature of
telecommunications services, the Fax transmissions may not be received properly and may be
clearly legible. I / We agree to assume and bear all the risks involved in respect of such errors
and misunderstanding and the DP shall not be responsible in any manner for the same or
breach of confidentially thereto and shall also not be liable for any claims, loss, damage, cost
or expense and liability arising there from.

13. This indemnity is without prejudice to the DP’s other rights, privileges, powers and remedies
in law and the DP may delay enforcing its rights without at any time losing them and any
waiver of a right by the DP hereunder or available to it by law, shall not be deemed to be a
waiver of any other rights or of the same right at another time.

14. The DP may stop/terminate this facility given to me / us by giving seven day prior written
notice to me/us. However, any such termination shall not affect anything done or any rights
or liabilities accrued or incurred prior to the termination and all the above indemnities given by
me/us to the DP hereunder shall survive any such termination. However, in case of termination
as mentioned in point 6 above, no such notice need to be given by the DP.

The Provisions relating to arbitration contained in the Rights and Obligations document shall
be applicable to any dispute or difference that may arise in respect of such fax transmission
including all disputes with regard to the receipt of the fax Transmission by the DP.

CDSL – DP Operating Instructions – December 2024 Page 4 of 5

Confidential Page 4 of 5
On Rs. 200/- Stamp Paper Annexure 6.7

I/We specifically agree and confirm that regardless of the place from which the fax transmission
in question may have been transmitted to the DP any matter or issue arising hereunder shall
be governed by and construed exclusively in accordance with the Indian laws and shall be
subject to the exclusive jurisdiction of the Courts of Mumbai (India) alone.

Dated at ________________this ___________ day of __________________ , ____________

Given by:

1. Signature 2. Signature 3. Signature

Name Name Name
Witnessed Witnessed Witnessed

CDSL – DP Operating Instructions – December 2024 Page 5 of 5

Confidential Page 5 of 5
Deed of Indemnity by the Beneficial Owner Annexure -6.8
[for printing on Rs.500/- stamp paper]

This DEED OF INDEMNITY is made at _____________ this ___ day of ______________,

______ between __________________________________________, (name(s) of the Beneficial
Owner(s) (hereinafter referred to as “BO(s)”) having address at _____________________
_____________________________________________________________________________
____________________________________________________________ of the FIRST PART
and ___________________________________________________________________ (Name
of the Depository Participant)* (hereinafter referred to as “DP”) having its registered office at
_____________________________________________________________________________
______________________________________________________________ of the SECOND
PART *(name of the DP who is holding the BO account to which the securities have been
erroneously credited) and Central Depository Services (India) Limited, (hereinafter referred to as
“CDSL”) having its registered office at 17th Floor, Phiroze Jeejeebhoy Towers, Dalal Street, Fort,
Mumbai – 400 001, of the THIRD PART.

1. WHEREAS I/We ____________________________________________________,

(name(s) of the BO(s) have opened a Beneficial Owner Account bearing No.
___________________ with
______________________________________________________________________,
Depository Participant of CDSL registered under DP ID ________________.

2. AND WHEREAS I/we have given instruction on _______ via easiest/to DP

_____________________ (name of the DP with which the BO(s) hold(s) his/their account)
for transferring ______ securities bearing International Securities Identification Number
(ISIN) __________________________ to the credit of BO account bearing number
_______________________________ / CM account bearing number
___________________ and settlement ID ____________________ with CDSL or to an
account with National Securities Depository Limited, with its Depository Participant bearing
DP ID ________________ and Client ID ________________ / CM BP-ID
_________________ and Settlement ID ______________________ (target account).

3. AND WHEREAS _____________________________________________________ (name

of the DP processing instruction) has executed the abovementioned instruction in
accordance with the details furnished by me.

4. AND WHEREAS I/we have now realized that the target account number / settlement number
mentioned in the aforesaid DIS is incorrect. Inadvertently, I/we have mentioned the target
account number as _______________________ instead of _____________________ and

Confidential
CDSL – DP Operating Instructions – December 2024 Page 1 of 2
Deed of Indemnity by the Beneficial Owner Annexure -6.8
[for printing on Rs.500/- stamp paper]

consequently the securities have been transferred by _________________________

______________________________________________ (name of the DP processing DIS)
to a BO / CM account to whom it was not intended to be credited by me/us.

5. AND WHEREAS I/we have requested DP vide our letter dated _______________ to inform
the DP, ______________________________________ who is holding BO account
________________________ to initiate necessary action for carrying out rectification as
mentioned in our aforesaid letter.

NOW THIS DEED WITNESSETH and in consideration of CDSL and

________________________, the DP (name of the DP who is holding the BO account to which
the securities have been erroneously credited), having agreed to reverse/rectify the said entries
on the faith and strength of the representation made by me/us, I/we agree to indemnify and keep
indemnified and saved harmless CDSL and the aforesaid DP from and against (i) any harm, loss,
damage or injury, (ii) any claim or demand, and (iii) any suit, action, litigation or other proceedings
whatsoever, that CDSL and DP may suffer or incur or may be called upon to suffer or incur
(including all costs, charges and expenses incurred or required to be incurred on prosecuting or
defending any suit, action litigation and/or proceedings) by reason of or as a consequence of
such reversal / rectification / modification / alteration of the electronic entries effected in
accordance with the aforesaid.

IN WITNESS WHEREOF the ________________________, (name(s) of the BO(s)) has/have put

his/their hands on the day, month and year first hereinabove mentioned.

SIGNED AND DELIVERED by )

the within named Beneficial Owner(s): )
___________________________________ )
___________________________________ )
___________________________________ )
in the presence of: )
___________________________________ )

Confidential
CDSL – DP Operating Instructions – December 2024 Page 2 of 2
Deed of Indemnity by the Clearing Member Annexure – 6.9
[for printing on Rs.500/- stamp paper]

This DEED OF INDEMNITY is made at ____________ this ____ day of __________, ____
between ________ _____________________________________________ (name of the
Clearing Member), (hereinafter referred to as “the CM”) which expression shall unless repugnant
to the context or meaning thereof be deemed to mean and include its successors and assigns) of
_____________________________________________________ (Name of the Stock
Exchange) having its registered office at
_______________________________________________________
_________________________________________ (Address of the CM) of the FIRST PART and
Central Depository Services (India) Limited, a Depository registered under the Securities and
Exchange Board of India Act, 1992, (hereinafter referred to as “CDSL”) having its registered office
at 17th Floor, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400 001, of the SECOND
PART and ____________________________________________________________
______________________________________________ (Name of the Depository Participant)*
(hereinafter referred to as “DP”) having its registered office at ___________________________
_____________________________________________________________ of the THIRD
PART.
(*name of the DP who is holding the BO/CM account to which the securities have been
erroneously credited).

1. WHEREAS we have submitted instruction(s) for direct pay-out to the Clearing House (CH) /
Clearing Corporation (CC) for settlement no. _______________ dated ________ (OR) have
submitted the instruction(s) to _________________________________________________
(Depository Participant with whom the CM is holding his/its account)/easiest for transferring
________ securities held by us of ___________________________________________
(name of the company) bearing International Securities Identification Number (ISIN)
__________________ to the credit of BO account bearing number
______________________ or a CM account bearing number ___________________ and
settlement ID ____________________ with CDSL or to an account with National Securities
Depository Limited, with its Depository Participant bearing DP ID _________________ and
Client ID ______________ / CM BP-ID ___________ and Settlement ID
______________________ (target account);

2. AND WHEREAS the said CH / CC / DP has executed the above-mentioned instruction(s) in

accordance with the details furnished by us.

3. AND WHEREAS we have now observed that the target account number mentioned in the
aforesaid instruction(s) is/are incorrect. Inadvertently, it was mentioned as

Confidential
CDSL – DP Operating Instructions – December 2024 page 1 of 2
Deed of Indemnity by the Clearing Member Annexure – 6.9
[for printing on Rs.500/- stamp paper]

____________________ instead of ________________________ or DPID ___________

and Client ID______________ (in case of inter-depository account) and consequently the
securities have been transferred to a BO / CM account to whom it was not intended to be
credited by us.

4. AND WHEREAS we have requested DP vide our letter dated _______________ to inform
the DP, __________________________________________ who is holding BO / CM
account ________________________ to initiate necessary action for carrying out
rectification as mentioned in our aforesaid letter.

NOW THIS DEED WITNESSETH and in consideration of CDSL and

_________________________, the DP (name of the DP who is holding the BO account to which
the securities have been erroneously credited) having agreed to reverse/rectify the said entries
on the faith and strength of the representation made by us, we agree to indemnify and keep
indemnified and saved harmless CDSL and the aforesaid DP from and against (i) any harm, loss,
damage or injury, (ii) any claim or demand and (iii) any suit, action, litigation or other proceedings
whatsoever, that CDSL and DP may suffer or incur or may be called upon to suffer or incur
(including all costs, charges and expenses incurred or required to be incurred on prosecuting or
defending any suit, action litigation and/or proceedings) by reason of or as a consequence of
such reversal / rectification / modification / alteration of the electronic entries effected in
accordance with the aforesaid.

IN WITNESS WHEREOF the ________________________________, (name of the CM)

has/have put his/their hands on the day, month and year first herein above mentioned.

SIGNED AND DELIVERED by )

the within named Clearing Member: )
___________________________________ )
___________________________________ )
___________________________________ )
in the presence of: )
___________________________________ )

Confidential
CDSL – DP Operating Instructions – December 2024 page 2 of 2
Deed of Indemnity by the Depository Participant Annexure – 6.10
[for printing on Rs.500/- stamp paper]

This DEED OF INDEMNITY is made at _____________ this ____ day of _____________,

______ between __________________________________________________, (name of the
Depository Participant) having address at
_____________________________________________________
___________________________________________________ of the FIRST PART and
_______
___________________________________________________________________ (Name of
the Depository Participant)* (hereinafter referred to as “DP”) having its registered office at
_______
_____________________________________________________________________________
_______________________________ of the SECOND PART (*name of the DP who is holding
the BO/CM account to which the securities have been erroneously credited), and Central
Depository Services (India) Limited, (hereinafter referred to as “CDSL”) having its registered
office at 17th Floor, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400 001, of the
THIRD PART.

1. WHEREAS we ______________________________________________________, (name

of the Depository Participant) registered with CDSL under DP ID _____________.

2. AND WHEREAS we had received an instruction on __________ for transferring ______

securities bearing International Securities Identification Number (ISIN) _____________ to the
credit of BO account bearing number __________________________ or CM account
bearing number _________________ and settlement ID _________________ with CDSL or
to an account with National Securities Depository Limited, with its Depository Participant
bearing DP ID _________________ and Client ID ________________ / CM BP-ID
_________________ and Settlement ID ______________________ (target account).

3. AND WHEREAS we have now observed that while entering the BO / CM account number in
the CDSL system, we have inadvertently entered an incorrect account number i.e.
_______________________ instead of _____________________ OR we have now
observed that we have inadvertently entered / uploaded this/these instructions multiple times
in the CDSL system.

4. and consequently the securities have been transferred to a BO account to whom it was not
intended to be credited by us or have been transferred in excess of the quantity mentioned by
BO / CM in his instruction.

Confidential
CDSL – DP Operating Instructions – December 2024 Page 1 of 2
Deed of Indemnity by the Depository Participant Annexure – 6.10
[for printing on Rs.500/- stamp paper]

5. AND WHEREAS we have requested CDSL vide our letter dated _______________ to
inform the DP, __________________________________________ who is holding BO / CM
account ________________________ to initiate necessary action for carrying out
rectification reversing wrong entries effected by us, as mentioned in our aforesaid letter.

NOW THIS DEED WITNESSETH and in consideration of CDSL and

________________________ _______________________________________, the DP (name of
the DP who is holding the BO account to which the securities have been erroneously credited)
having agreed to reverse/rectify the said entries on the faith and strength of the representation
made by us, we agree to indemnify and keep indemnified and saved harmless CDSL and the
aforesaid DP from and against (i) any harm, loss, damage or injury, (ii) any claim or demand and
(iii) any suit, action, litigation or other proceedings whatsoever, that CDSL and DP may suffer or
incur or may be called upon to suffer or incur (including all costs, charges and expenses incurred
or required to be incurred on prosecuting or defending any suit, action litigation and/or
proceedings) by reason of or as a consequence of such reversal / rectification / modification /
alteration of the electronic entries effected in accordance with the aforesaid.

IN WITNESS WHEREOF the _________________________________________________

(name of the Depository Participant) has put his hands and seal on the day, month and year first
hereinabove mentioned.

SIGNED AND DELIVERED by )

the within named Depository Participant: )
___________________________________ )
___________________________________ )
by the hand of its authorized representative )
___________________________________ )
in the presence of: )
___________________________________ )

Confidential
CDSL – DP Operating Instructions – December 2024 Page 2 of 2
 Annexure 7.1
TRANSMISSION REQUEST FORM
(In case of death of the sole holder)

Application No. Date D D M M Y Y Y Y

(Please fill all the details in Block Letters in English)

To,
Depository Participant Name
Address

Dear Sir / Madam,

I/we, Nominee(s) / Successor/ Guardian of the successor or nominee(s) (in case the claimant is a Minor- Date of Birth of
the minor*) Relationship with the minor _____________ request you to transmit the following securities due to the
death of the sole account holder. Original Death Certificate / copy of Death Certificate (duly notarized / attested under
seal by a Gazetted Officer) is attached herewith.

*Please attach relevant proof

Name of the deceased BO:

Account Number of the deceased BO:
DP ID Client ID
Date of the Deceased Sole Holder

Kindly transmit all securities in the deceased BO’s account mentioned above to the BO account mentioned below.

Details of the Successor (s)

Sr. No Name of the Successor DP ID Client ID

(s)/Nominee / Legal
Heir/Successor to the
Estate of the deceased /
Administrator of the Estate
of the deceased

Details of Transmission
Sr. Quantity of securities
Name of the Security ISIN Percentage
No to be transmitted

Attach an annexure duly signed by the Nominee(s)/ Successor / Guardian of the successor or nominee(s) (in case of Minor),

Confidential
CDSL - DP Operating Instructions - December 2024 Page 1 of 2
 Annexure 7.1
if the space above is insufficient.

(Nominees / Successor / Guardian of successor or nominee(s) (in case of Minor)

Nominee(1) Nominee(2) Nominee(3)

Successor/Guardian of Successor/Guardian of Successor/Guardian of
successor/Nominee successor/Nominee successor/Nominee
Name

Signature

=============================(Please tear here)========================

Acknowledgement Receipt
Application No. Date: -

We hereby acknowledge receipt of the instructions for transmission of securities from the deceased BO’s account to the
account of the Nominee(s) / Successor / Guardian of the successor or nominee(s) (in case of Minor), as per details given
on the transmission form.

Account number of the deceased BO

DP ID Client ID

Successor BO Name(s)
First/Sole Holder Second Holder Third Holder

Documents Submitted

Subject to verification.

Depository Participants Seal & Signature

Confidential
CDSL - DP Operating Instructions - December 2024 Page 2 of 2
 Annexure 7.2

TRANSMISSION REQUEST FORM

(In case of death of one / more of the joint holders)

Application No. Date D D M M Y Y Y Y

(Please fill all the details in Block Letters in English)

To,
Depository Participant Name
Address

Dear Sir / Madam,

I / We, the joint holder(s) / Successors request you to transmit the securities balance from:

DP ID Client ID

To

DP ID Client ID

Due to the death of ----------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------(Name of the deceased account holder(s)).
Original Death Certificate / copy of Death Certificate (duly notarized / attested under seal by a Gazetted Officer) is attached
herewith.

First / Sole Holder Second Holder

Name(s) of the surviving holder(s)

Signature(s) of the surviving

holder(s

==========================(Please tear here)===========================

Acknowledgement Receipt
Application No. Date: -

We hereby acknowledge the receipt of the following instructions for transmission from:

DP ID Client ID

To

DP ID Client ID

Surviving Holder(s) Name(s)

First/Sole Holder Second Holder

Documents Submitted

Subject to verification.

Depository Participants Seal & Signature

Confidential
CDSL – DP Operating Instructions – December 2024 Page 1 of 1
 Annexure 7.2B

TRANSMISSION REQUEST FORM

DELETION OF NAME OF THE DECEASED HOLDER IN JOINT ACCOUNT (In case of death of one /
more of the joint holders)

Application No. Date D D M M Y Y Y Y

(Please fill all the details in Block Letters in English)

To,
Depository Participant Name
Address

Dear Sir / Madam,

I/We, the undersigned, being the surviving holder(s) in the joint demat account, hereby request you to delete
the name of the deceased account holder(s), and continue to maintain the account in the sole or joint surviving
names in the same order of names and update the details in the account, as per details given below:

DP ID Client ID

a. Account holders details

Details of the Name of Joint Account Holder(s) Tick against the holder(s) who
Holder has/have deceased
First Holder Provide copy of
death certificate
Second Holder duly attested by
a Notary Public.
Third Holder

Address and Bank Details [Dividend Bank Details] (To be filled if the first demat account holder has
deceased)

b. Correspondence Address and Permanent Address (if different from Correspondence Address) of first holder
(Proof of address document to be submitted). Please write each combination of names in separate boxes.

Correspondence Address/Foreign Address

City PIN State Country

Permanent Address

City PIN State Country

c. Bank Details [Dividend Bank Details]

Bank Code (9 digit MICR code)

IFS Code (11 character)
Account number

Confidential
CDSL – DP Operating Instructions – December 2024 Page 1 of 2
 Annexure 7.2B

Account type ❑ Saving ❑ Current ❑ Others (specify) ______________________

Bank Name
Branch Name
Bank Branch Address
City State Country PIN code

(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.

d. Signature of surviving joint holder(s)

First / Sole Holder Second Holder

Name(s) of the surviving

holder(s)

Signature(s) of the demat account

holder [s] / surviving holder(s

==========================(Please tear here)===========================

Acknowledgement Receipt
Application No. Date: -

We hereby acknowledge the receipt of the following instructions for deletion of deceased holder’s name from the demat
account on account of death:

DP ID Client ID

To

DP ID Client ID

Surviving Holder(s) Name(s)

First/Sole Holder Second Holder

Documents Submitted

Subject to verification.

Depository Participants Seal & Signature

Confidential
CDSL – DP Operating Instructions – December 2024 Page 2 of 2
 Annexure 7.3

Note To be executed in the presence of a Public Notary / Gazetted Officer

Bond of Indemnity to be furnished jointly by all Legal Heir(s) including the claimant(s)
(To be submitted on Non-judicial Stamp Paper of appropriate value)
[For Transmission of Securities on death of Sole Securities’ Holder, where no nomination has
been registered]

Bond of Indemnity

To,
Depository Participant Name
Address

Dear Sirs,

Sub: Transmission of securities standing in the name of

Late Mr./Mrs. ____________________________

I/We do hereby solemnly affirm and state on oath as follows:

Mr./Mrs. ___________________________________ the deceased, was holding a Client account

no. _________ with _________________________________ a Depository Participant having DP
ID ______________. The said deceased BO was holding the following securities:

Name of Number of
ISIN
Company securities

That the aforesaid deceased holder died intestate on , without

registering any nominee, leaving behind him/her the following persons as the only
surviving legal heirs, according to the laws of intestate succession applicable to
him/her by which he/she was governed at the time of his/her death.

Name of the Legal Address and Age Relationship with the

Heir(s)/Claimant(s) contact details Deceased

CDSL – DP Operating Instructions – December 2024 Page 1 of 4

Confidential
 Annexure 7.3

1
2
3
4

OR

That the aforesaid deceased holder died on ______________ without registering any
nominee, leaving behind him/her the following persons as the only surviving legal
heirs, according to the laws of testamentary succession.

Name of the Legal Address and Age Relationship with the

Heir(s)/Claimant(s) contact details Deceased

1
2
3
4

Therefore, I/We, the Legal Heir(s)/Claimant(s) and deponent(s) herein has/have , approached
you with a request to transfer the aforesaid securities in the name of the undersigned Mr. / Mrs. /
Ms. _______________________________ on my/our behalf without insisting on the production of
a Succession Certificate/ Probate of Will / Letter of Administration or an Order of the Court of
competent jurisdiction and you have kindly agreed to do so on my/our executing an indemnity as
is herein contained and on relying on the information herein given by us believing the same to be
true.

In consideration therefore of my/our request to transfer/transmit the above said

securities to the name of the undersigned Mr. /Ms. [Name(s) of the legal
heir(s)/claimant(s) ] #,_______________________________________without
insisting on production of a Succession Certificate / Probate of Will / Letter of
Administration or any Court order.

I / we hereby jointly and severely agree and undertake to indemnify and keep indemnified, saved,

CDSL – DP Operating Instructions – December 2024 Page 2 of 4

Confidential
 Annexure 7.3

defended, harmless you and your successors and assigns for all time hereafter against all losses,
costs, claims, actions, demands, risks, charges, expenses, damages, etc., whatsoever which you
may suffer and/or incur by reason of your, at my/our request, transferring the said securities as
herein above mentioned, to the undersigned ____________________________________ without
insisting on production of a Succession Certificate/ Probate of Will / Letter of Administration or an
Order of the Court of competent jurisdiction.

IN WITNESS WHEREOF THE said I Mr. /Ms __________________________ (Name and

signature of the
And 2) Mr. /Ms. __________________________Name and signature of the witness #,

have here unto set their respective hands and seals this _________________ day of
_______________ of _______.Signed and delivered by the said legal heir/s.

Sr.No Name the Legal Heirs Signature of the Legal Heirs

1.
2.
3.

Name of the deceased security holder (#) Name of the claimant/s

Signed before me

CDSL – DP Operating Instructions – December 2024 Page 3 of 4

Confidential
 Annexure 7.3

Date: ________________ _______________________________

Place: ________________ (Signature and Seal of Magistrate/Notary)

Full Name and Address of Magistrate /Notary:

Name : ______________________________________

Address : ______________________________________
______________________________________
______________________________________
PIN _______________________________

Registration No : _______________________

Use space below to affix:

Notarial / Court Fee Stamp Official Seal of

Magistrate / Notary

CDSL – DP Operating Instructions – December 2024 Page 4 of 4

Confidential
Letter of Surety Deleted Annexure – 7.4
[ref: Communiqué no. CDSL/OPS/DP/1685 dated August 18, 2009]

CDSL – DP Operating Instructions – December 2024 Page 1 of 1

Confidential
[To be executed on a non-judicial stamp of appropriate value and Notarized]]
Annexure 7.5

Affidavit

Individual Affidavits to be given by ALL the Legal Heirs OR Legal Heirs

named in Succession Certificate*/ Probate of Will*/ Will*/ Letter of
Administration*/ Legal Heirship Certificate*(or its equivalent
certificate)*/Court Decree*

(For Transmission of securities on death of Sole Holder where NO

NOMINATION has been registered)

Each Deponent (legal heir) shall sign separate Affidavits.

I, __________________________________________________________________
son/daughter/spouse of ___________________________________________________________
residing at ___________________
______________________________________________________________________ do hereby
solemnly affirm and state on oath as under: -

That Mr. / Mrs. _______________________________________@ the deceased was holding a

Client Account No. _________________ with _____________________________________ a
Depository Participant having DP ID _____________. The said deceased was holding the
following securities:

ISIN Name of Company No. of securities

That the aforesaid deceased holder died intestate leaving behind him/her,
the following persons as the only surviving heirs as per the
Succession Certificate/ Legal Heirship Certificate (or its equivalent
certificate) /Court Decree dated /according to the Law
of Intestate Succession by which he/she was governed at the time
of his/her death and without registering any nominee. *

OR

That the aforesaid deceased holder died leaving behind the following
persons as t he legatees as per the Will/ P robat ed Will/ L ett er of

Confidential
CDSL – DP Operating Instructions – December 2024 Page 1 of 3
[To be executed on a non-judicial stamp of appropriate value and Notarized]]
Annexure 7.5

Administration dated ________________and without registering any nominee. *

A copy of the Succession Certificate*/ Probate of Will*/ Will*/ Letter of

Administration*/ Legal Heirship Certificate*(or its equivalent certificate)*/
Court Decree* is attached herewith

Name of the Address and contact Relationship with

Age
Legal Heir(s) details the deceased
1
2
3
4

1. That among the aforesaid legal heirs Master / Kumari #__________________________ aged
_______ years is a minor and he / she is being represented by his / her father/mother/ legal
guardian Mr. / Mrs. ______________________________________________.

2. That all the legal heirs of my deceased _______________ have applied to

_______________________
_______________________________________ (DP name) to register the aforesaid
securities in my/our individual/joint beneficial owner account and have executed a Letter of
Indemnity in favour of the Participant/CDSL holding the Participant / CDSL indemnified against
any loss, cost, expenses or damages which may be caused to them in consequence of any
claim which may be made by or on behalf of any person claiming any interest in the said
shares.

_________________________
Signature of DEPONENT
VERIFICATION

I hereby solemnly affirm and state that what is stated herein above is true and correct and nothing
has been concealed therein and that I am competent to contract and entitled to rights and benefits
of the above mentioned securities of the deceased.

Solemnly affirmed at _____________________ on the _________ day of ________________ of

_

Signature of the Deponent

Signed before me

Full Name and Address of Magistrate / Notary

Confidential
CDSL – DP Operating Instructions – December 2024 Page 2 of 3
[To be executed on a non-judicial stamp of appropriate value and Notarized]]
Annexure 7.5

Signed in the presence of

Name : ______________________________

Address : ______________________________
______________________________
City ________ Pin _______________

Registration No : ______________________________
__________________________

(Signature of Notary $
with
Official Seal of Notary )

* strikeout whichever is not applicable

# = Name of the legal heir @ = Name of the deceased security holder
$ = Name of the Guardian

Use space below to affix:

Notarial Stamps Official Seal of Notary

. .

2. .

Confidential
CDSL – DP Operating Instructions – December 2024 Page 3 of 3
No Objection Certificate Annexure – 7.6

Note: To be executed in the presence of a Public Notary / Gazetted Officer

[To be submitted in non-judicial stamp paper of appropriate value] No-

Objection Certificate from the Legal Heir(s)

Format of NOC from other Legal Heir(s) for Transmission of Securities in favour of
the Claimant(s) wherein the Sole Holder is deceased and NO NOMINATION has
been registered

DECLARATION

I/We, the legal heir(s) of late Mr. / Ms____________________ (name of the

deceased holder) declare as follows –

(i) That the above named deceased holder was holding the following securities in
his / her name as single holder Account No. _________________ with
_____________________________________ a Depository Participant having
DP ID _____________.:

Name of the Company ISIN No. of securities held

1)
2)
3)

(ii) That the deceased had died intestate on D D / M M / Y Y Y Y .and without

registering any nominee.

(iii) That the following Claimant(s) has/have applied for the transmission of the
aforesaid securities:
Name of the Address & contact details Age Relationship with
Claimant(s) the deceased
1)
2)
3)

(iv) That I / We are the legal heir(s) of the deceased holder, apart from the
Claimant(s)who has/ have applied for transmission of the aforesaid securities and our
details are as follows:

Name of the Legal Address and contact details Age Relationship with
Heir(s) the deceased
1)
2)
3)

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CDSL – DP Operating Instructions – December 2024 Page 1 of 2
No Objection Certificate Annexure – 7.6

(v) I / we hereby declare that, I / we do not desire to make any claim in respect
of the title to the aforesaid securities held by the deceased and I / we hereby
wilfully relinquish & renounce all my /our rights in respect of the aforesaid
securities and shall have no legal claim upon said securities in future.

(vi) Accordingly, I / we declare that I / we have NO OBJECTION WHATSOEVER

in (Name of the Company) transmitting the aforesaid securities in favour of
the Claimant(s) Mr. / Ms. _______________________

(vii) I / we hereby state that whatever is stated herein above are true to the
best of my/our knowledge and nothing has been concealed therein.

Name(s) and Signature(s) of Legal Heir(s) who are Non – Claimant(s):

1) __________________________________
2) _________________________________
3) _________________________________

VERIFICATION

We hereby solemnly affirm and state that what is stated herein above is true to our
knowledge and nothing has been concealed therein and that we are competent to
contract and entitled to rights and benefits of the above mentioned securities.

Solemnly affirmed at _________________________________

Deponent(s) (1) ______________(2) ______ (3)____________

Confidential
CDSL – DP Operating Instructions – December 2024 Page 2 of 2
Transposition Request Form Deleted Annexure 7.7

[ref: Communiqué no. CDSL/OPS/DP/1685 dated August 18, 2009]

CDSL – DP Operating Instructions – December 2024 Page 1 of 1

Confidential
 Annexure 8.1
PLEDGE REQUEST FORM (PRF)
❑ Setup of Pledge ❑ Confirmation of Pledge
Depository Participant Name /Address
Please fill all the details in Block Letters in English

PRF No. Date D D M M Y Y Y Y

I/We request you to create the pledge / confirm the creation of pledge for the following securities. I/We have read
and understood the Depositories Act, SEBI Regulations and the Bye Laws in relation to pledge of securities and I/We
agree to abide by and be bound by the Act, Regulations and the Bye Laws as are in force from time to time for such
pledges.
Pledgor’s Details
DP ID Client ID
Pledgor’s Name 1.
2.
3.

Pledgee’s Details
DP ID Client ID
Pledgee’s Name 1.
2.
3.
Details of Securities: ❑ Free Securities ❑ Locked–in Securities

Details of Securities offered for Pledge.

Date of PSN Accepted / Pledged
Company
Sr. no ISIN Quantity Release (System Rejected by value
Name
(lock-in) Generated) Pledgee

Attach an annexure duly signed by the account holder(s), if the space above is insufficient.
Pledge Execution
D D M M Y Y Y Y
Date
Pledge Expiry Date D D M M Y Y Y Y
Total Pledge Value (Rs.)
Agreement No.
Date of Pledging D D M M Y Y Y Y
Pledge Reason [tick Collateral -Debt Collateral for Collateral for Margin Personal
mark whichever is I issuance by loan by loan by the Pledge/MTF use by
applicable] Co./Grp Co. Company/Gro Third Party for Exchange promoters
up Co Trade and PACs

PAN of the Ultimate Lender :

Note : As a pledgor and pledgee, We are aware that the pledge recorded in the system only prohibits the Pledgor from
dealing with securities until redemption/maturity/expiry date of the securities pledged and that the records of pledged
securities may be removed from the system as a result of redemption/maturity/expiry of the securities.

To be filled and signed in case of Set-up of Pledge by Pledgor BO

Signature of the Pledgor

First/ Sole Applicant Second Applicant Third Applicant

To be filled in case of acceptance of Pledge by Pledgee BO

Signature of Pledgee(s) *

First Holder Second Holder Third Holder

* If the Pledgee is a bank DP, the signature of the pledgee need not be taken on the Pledge request form.
Depository Participant Seal and Signature

CDSL – DP Operating Instructions – December 2024 Page 1 of 2

Confidential
 Annexure 8.1

CDSL – DP Operating Instructions – December 2024 Page 2 of 2

Confidential
 Annexure 8.2

Unpledge Request Form (URF)

❑ Unpledge by Pledgor ❑ Unpledge by pledgee

Depository Participant Name /Address/ DP ID

Please fill all the details in Block Letters in English

URF No. Date D D M M Y Y Y Y

I/We request you to set up an Unpledge request on my / our behalf. I / We have read and understood the Depositories
Act, SEBI Regulations and the Bye Laws in relation to unpledge of securities and I / We agree to abide by and be bound
by the Act, Regulations and the Bye Laws t as are in force from time to time for such unpledge requests.

Pledgor’s Details
DP ID Client ID
Pledgor’s Name 1.
2.
3.

Pledgee’s Details
DP ID Client ID
Pledgee’s Name 1.
2.
3.

Date of Unpledging D D M M Y Y Y Y

Accepted /
Sr. Name of the Total Quantity Quantity to be
PSN ISIN rejected by
No Security pledged unpledged
Pledgee

Attach an annexure duly signed by the account holder(s), if the space above is insufficient.

The unpledge request is being set up for the reasons mentioned hereunder: -

I / We declare that the above particulars given by me/ us above are true to the best of my/ our knowledge.

To be filled and signed in case of Set-up of Unpledge by Pledgee BO

Signature of the Pledgee

First/ Sole Applicant Second Applicant Third Applicant

To be filled and signed in case of Set-up of unpledge by Pledgor BO

Signature of the Pledgor

First / Sole Applicant Second Applicant Third Applicant

Depository Participant seal and signature

Confidential
CDSL – DP Operating Instructions – December 2024 Page 1 of 1
 Annexure 8.3

Invocation Request Form (IRF)

Depository Participant Name/Address

Please fill all the details in Block Letters in English. To be filled by the pledgee.

IRF No. Date D D M M Y Y Y Y

I/We request you to set up a Invocation request on my / our behalf. I / We have read and understood the Depositories
Act, SEBI Regulations and the Bye Laws in relation to Invocation of securities and I / We agree to abide by and be bound
by the Act, Regulations and the Bye Laws as are in force from time to time for such Invocation.

Pledgor’s Details
DP ID Client ID
Pledgor’s Name 1.
2.
3.

Pledgee’s Details
DP ID Client ID
Pledgee’s Name 1.
2.
3.

Date of Invocation D D M M Y Y Y Y

Details of Securities to be invoked

Sr. PSN ISIN Name of the Total Quantity Quantity
No Security Pledged to be invoked

Attach an annexure duly signed by the Pledgee(s), if the space above is insufficient.

The invocation request is being set up for the reasons mentioned hereunder:-

Signature of the Pledgee

Sole / First Applicant Second Applicant Third Applicant

Depository Participant Seal and Signature

CDSL – DP Operating Instructions – December 2024

Confidential Page 1 of 1
 Annexure – 8.4
MARGIN PLEDGE / REPLEDGE REQUEST FORM (MPRF)
❑ Setup of Margin Pledge ❑ Setup of Margin Re-Pledge ❑ Confirmation of Margin Pledge ❑ Confirmation
of Margin Re-Pledge
Depository Participant Name /Address
Please fill all the details in Block Letters in English
MPRF No. Date D D M M Y Y Y Y
I/We request you to create the margin pledge, re-pledge / confirm the creation of margin pledge / re-pledge
for the following securities. I/We have read and understood the Depositories Act, SEBI Regulations and the Bye Laws in
relation to margin pledge of securities and I/We agree to abide by and be bound by the Act, Regulations and the Bye Laws
as are in force from time to time for such pledges.
Pledgor’s Details
DP ID Client ID
UCC
TMID/CP
Code
CMID
STOCK CLEARING
SEGMENT
EXCHANGE CORPORATION
1
Pledgor’s
2
Name
3

DP ID Client ID
Pledgee’s Name 1.
2.
3.

Details of Securities: ❑ Free Securities

Details of Securities offered for Margin Pledge/Margin Repledge

PSN Accepted / Pledged
Company
Sr. no ISIN Quantity (System Rejected by value
Name
Generated) Pledgee

Attach an annexure duly signed by the account holder(s), if the space above is insufficient.
Pledge Execution Date D D M M Y Y Y Y
Pledge Expiry Date D D M M Y Y Y Y
Total Pledge Value (Rs.)
Agreement No.
Date of Pledging D D M M Y Y Y Y

Note : As a pledgor and pledgee, We are aware that the margin pledge / re-pledge recorded in the system only prohibits
the Pledgor from dealing with securities until redemption/maturity/expiry date of the securities margin pledged and that
the records of margin pledged securities may be removed from the system as a result of redemption/maturity/expiry of the
securities.
I/ we hereby provide our consent for the repledge of the securities under margin pledge by the pledgee (i.e. Trading
Member) to the Clearing Member and / or further to the Clearing Corporation.
To be filled and signed in case of Set-up of ❑ Margin Pledge ❑ Re-pledge by Pledgor BO

Signature of the Pledgor

First/ Sole Applicant Second Applicant Third Applicant

Confidential
CDSL – DP Operating Instructions – December 2024 Page 1 of 2
 Annexure – 8.4
To be filled in case of acceptance of ❑Margin Pledge ❑ Re-pledge by Pledgee BO

Signature of Pledgee(s)
First Holder Second Holder Third Holder

Depository Participant Seal and Signature



Confidential
CDSL – DP Operating Instructions – December 2024 Page 2 of 2
 Annexure -8.5

Margin Unpledge Request Form (MURF)

❑ Margin Pledge release by Pledgor ❑ Margin Pledge release by Pledgee ❑ Margin Repledge release by
Pledgor ❑ Margin Repledge release by Pledgee

Depository Participant Name /Address/ DP ID

Please fill all the details in Block Letters in English

MURF No. Date D D M M Y Y Y Y

I/We request you to set up margin Unpledge request on my / our behalf. I / We have read and understood the Depositories
Act, SEBI Regulations and the Bye Laws in relation to margin unpledge of securities and I / We agree to abide by and be
bound by the Act, Regulations and the Bye Laws as are in force from time to time for such margin unpledge requests.

Pledgor’s Details

DP ID Client ID

UCC
TMID/CP
Code
CMID

STOCK CLEARING
SEGMENT
EXCHANGE CORPORATION
1
Pledgor’s
2
Name
3

Pledgee’s Details
DP ID Client ID
Pledgee’s Name 1.
2.
3.

Date of Execution D D M M Y Y Y Y

Accepted /
Sr. Name of the Total Quantity Quantity to be
PSN ISIN rejected by
No Security pledged unpledged
Pledgee

Attach an annexure duly signed by the account holder(s), if the space above is insufficient.

The ❑ Margin Pledge release ❑ Margin Repledge release request is being set up for the reasons mentioned
hereunder: -

I / We declare that the above particulars given by me/ us above are true to the best of my/ our knowledge.

To be filled and signed in case of Set-up of pledge release by Pledgee BO

Signature of the Pledgee

First/ Sole Applicant Second Applicant Third Applicant

Confidential
CDSL – DP Operating Instructions – December 2024 Page 1 of 2
 Annexure -8.5

To be filled and signed in case of Set-up of pledge release by Pledgor BO

Signature of the Pledgor

First / Sole Applicant Second Applicant Third Applicant

Depository Participant seal and signature



Confidential
CDSL – DP Operating Instructions – December 2024 Page 2 of 2
 Annexure – 8.6

Margin Invocation Request Form (MIRF)

Depository Participant Name/Address

Please fill all the details in Block Letters in English. To be filled by the pledgee.

MIRF No. Date D D M M Y Y Y Y

I/We request you to set up a Margin Invocation request on my / our behalf. I / We have read and understood the
Depositories Act, SEBI Regulations and the Bye Laws in relation to Margin Invocation of securities and I / We agree to abide
by and be bound by the Act, Regulations and the Bye Laws as are in force from time to time for such Margin Invocation.

Pledgor’s Details
DP ID Client ID
UCC
TMID/CP
Code
CMID
STOCK CLEARING
SEGMENT
EXCHANGE CORPORATION
1
Pledgor’s
Name 2
3

DP ID Client ID
Pledgee’s Name 1.
2.
3.

Date of Invocation D D M M Y Y Y Y

Details of Securities to be invoked

Sr. No PSN ISIN Name of the Total Quantity Quantity Invocation Value
Security Pledged to be invoked

Attach an annexure duly signed by the Pledgee(s), if the space above is insufficient.

The invocation request is being set up for the reasons mentioned hereunder:-

Signature of the Margin Pledgee / Margin Re-pledgee

Sole / First Applicant Second Applicant Third Applicant

Depository Participant Seal and Signature



Confidential
CDSL – DP Operating Instructions – December 2024 Page 1 of 1
 Annexure – 8.7

On the letterhead of TM/CM

Date :

To,
(Name of Depository Participant)

Dear Sir / Madam,

Sub: ❑ Consent for opening Client Securities Margin Pledge Account

I am / we are maintaining a TM/CM account with your DP <demat account number (BOID)>.

I/We would like to open Client Securities Margin Pledge Account based on the existing AOF with your
DP under the type _______ and sub-type _________ .

I/we hereby declare that I/we are KYC compliant and details captured in the Pool / Principal
Account and current details are same.

As per Operating Instructions 2.4.4 we hereby give our consent and Board Resolution along with
the list of Authorised Signatories to open and operate the CM UnPaid Securities Account as a CM
of BSE and / or CM for exchanges other than BSE.

Thanking you,

_____________ _____________________
TM/CM Seal Authorised Signatories



CDSL – DP Operating Instructions – December 2024 Page 1 of 1

Confidential
 Annexure 8.8
MARGIN PLEDGE / REPLEDGE (MPRF) / UNPLEDGE (MURF) / INVOCATION (MIRF) REQUEST FORM

❑ Setup of Margin Pledge ❑ Setup of Margin Re-Pledge ❑ Confirmation of Margin Pledge ❑ Confirmation of Margin Re-Pledge ❑ Margin
Pledge release by Pledgor ❑ Margin Pledge release by Pledgee ❑ Margin Repledge release by Pledgor ❑ Margin Repledge release by Pledgee

Depository Participant Name /Address

Please fill all the details in Block Letters in English

MPRF No./MURF No./MIRF No. Date D D M M Y Y Y Y

I/We request you to create the margin pledge/ re-pledge / unpledge/ invocation or confirm the creation of margin pledge / re-pledge / unpledge for the following securities on my / our behalf. I/We have read and understood
the Depositories Act, SEBI Regulations and the Bye Laws in relation to margin pledge of securities and I/We agree to abide by and be bound by the Act, Regulations and the Bye Laws as are in force from time to time for such
pledges/repledge/unpledged/invocation.

Pledgor’s Details / Pledgee Details

DP ID Client ID
UCC
TMID/CP Code

CMID

STOCK EXCHANGE CLEARING CORPORATION SEGMENT

Pledgor’s Name
2

DP ID Client ID
Pledgee’s Name 1.
2.
3.

Details of Securities: ❑ Free Securities

Details of Securities ISIN Company Name Quantity PSN Accepted / Rejected by Pledgee Pledged value
offered for Margin (System Generated)
Pledge/Margin
RePledgee Sr. no

Attach an annexure duly signed by the account holder(s), if the space above is insufficient.

Details of Securities to be Unpledged

Date of Execution D D M M Y Y Y Y

Accepted / rejected by
Sr.No PSN ISIN Name of the Security Total Quantity pledged Quantity to be unpledged
Pledgee

Attach an annexure duly signed by the account holder(s), if the space above is insufficient.

The ❑ Margin Pledge release ❑ Margin Repledge release request is being set up for the reasons mentioned hereunder: -

To be filled and signed in case of Set-up of pledge release by Pledgee BO

Details of Securities to be Invoked

Date of Invocation D D M M Y Y Y Y

Sr. No PSN ISIN Name of the Security Total Quantity Quantity Invocation Value
Pledged to be invoked

Attach an annexure duly signed by the Pledgee(s), if the space above is insufficient.

The invocation request is being set up for the reasons mentioned hereunder:-

Pledge Execution Date D D M M Y Y Y Y

Pledge Expiry Date D D M M Y Y Y Y
Total Pledge Value (Rs.)
Agreement No.
Date of Pledging D D M M Y Y Y Y

Note : As a pledgor and pledgee, We are aware that the margin pledge / re-pledge recorded in the system only prohibits the Pledgor from dealing with securities until redemption/maturity/expiry date of the securities margin pledged and that the
records of margin pledged securities may be removed from the system as a result of redemption/maturity/expiry of the securities.
I/ we hereby provide our consent for the repledge of the securities under margin pledge by the pledgee to the Clearing Member and / or further to the Clearing Corporation
To be filled and signed in case of Set-up of ❑ Margin Pledge ❑ Re-pledge by Pledgor BO ❑ Set-up of pledge release by Pledgor BO

Signature of the Pledgor

First/ Sole Applicant Second Applicant Third Applicant

To be filled in case of acceptance of ❑Margin Pledge ❑ Re-pledge by Pledgee BO❑ Set-up of pledge release by Pledgee BO ❑ invocation by pledgee BO
Signature of Margin Pledgee BO(s)

First Holder Second Holder Third Holder

Signature of the Margin Pledgee / Margin Re-pledgee

Sole / First Applicant Second Applicant Third Applicant

Depository Participant Seal and Signature



CDSL – DP Operating Instructions – December 2024 Page 1 of 2

Confidential
 Annexure 8.8

CDSL – DP Operating Instructions – December 2024 Page 2 of 2

Confidential
 Annexure 9.1

Rematerialization Request Form [RRF]

Depository Participant Name / Address

(To be filled up by the Depository Participant)

RRN Date D D M M Y Y Y Y

Please fill all the details in Block Letters in English. (In case of Lock-in Securities, fill up separate RRF for Lock-in
securities having different Lock-in expiry dates).

RRF No. Date D D M M Y Y Y Y

I/We request you to arrange to rematerialize the securities mentioned hereunder held in our demat account.

DP ID Client ID
Name of the Company
ISIN I N
Type of Security ❑ Equity ❑ Debentures ❑ Bonds
❑ Units ❑ Other (Specify)
Number of Securities to Be In figures
Rematerialized
In Words

Type of Lot Requested ❑ Market Lot. ❑ Jumbo Lot. (Specify Denomination)

Type of Securities ❑ Free ❑ Lock-in
Lock-in Reason
Lock-in Expiry Date D D M M Y Y Y Y
Documents enclosed

Account Holder’s Details

Name of the First Holder
Father / Husband Name of First Holder
Name of the Second Holder
Name of the Third Holder
Occupation of the First Holder
Details of Existing Folio (if any)

* In case of remat for repurchase, Form provided by the respective company should be attached along with
the RRF

First/Sole Holder Second Holder Third Holder

Name

Signature as
per RTA
Records

Signature as
per DP Records

Confidential
CDSL – DP Operating Instructions – December 2024 Page 1 of 2
 Annexure 9.1

Participant Authorization – DP to RTA

Received the above mentioned securities for Rematerialization, from:

DP ID Client ID
Name of the Sole / First Holder
ISIN I N Date D D M M Y Y Y Y

The Rematerialization Request form has been verified with the details of the Beneficial Owner’s account and it is certified
that the form is in order. The account has sufficient balances to allow the Rematerialization as requested. It is also
certified that the details of beneficial owners have been verified and found in order.

Depository Participant Seal and Signature

=============================(Please Tear Here)=========================

Acknowledgement Receipt

Received Rematerialization request form as per details given below :

RRF No. Date D D M M Y Y Y Y

DP ID Client ID
Name of the Sole / First Holder
Name of Second joint Holder
Name of Third joint Holder
ISIN I N Quantity
Name of the Company / Security
Type of Security

Depository Participant Seal and Signature

Confidential
CDSL – DP Operating Instructions – December 2024 Page 2 of 2
 Annexure 9.2

REPURCHASE / REDEMPTION REQUEST FORM

Participant Name
Depository Participant ID
RFN DATE

I/We offer the below mentioned securities for repurchase/ redemption and declare that my/our account be debited
the number of securities to the extent of my/ our repurchase/ redemption request and proceeds be paid to me/us
cheque/ bank draft. I/We hereby declare that the below mentioned person(s) are the beneficial owners of the
security mentioned.

Account Number
Account Holder Name

No. of Securities to be Repurchased/Redeemed(in figures)

in words
(integers)
and
(Fractions)
Name of the security
Name of the issuing Company
Face Value
ISIN

Specimen Signature(s) Name Signature

First/ Sole Holder ____________________________ ______________

Second Holder ____________________________ ______________

Third Holder ____________________________ ______________

Participant Authorization

Received the above mentioned securities for repurchase/ redemption from

Account No.
ISIN
Date D D M M Y Y Y Y
Name of the first
Holder

The application form is verified with the details of the beneficial owner’s account and certified that the application form is in
order. The account has sufficient balance to accept the repurchase/ redemption request. It is also certified that the beneficial
owner’s signatures are verified and found in order.

The other details of the beneficial owners as extracted from the records are enclosed.

Forwarded by – Name

Signature Seal

======================================================

Acknowledgement
Participants Name Address and ID

We hereby acknowledge the receipt of repurchase/ redemption request for ___________ no. of securities of
______________________ (security details) from _______________________________ (Name) holding a/c no. ___________

_______________________________ _____________________ ___________________

Depository Participant’s Signature Seal Date

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CDSL – DP Operating Instructions – December 2024 Page 1 of 1
 Annexure 10.1
Account Closure Request Form

Application No. Date D D M M Y Y Y Y

Closure Initiated by ❑ BO ❑ DP ❑ CDSL
(To be filled by the BO (in case of BO-initiated closure). Please fill all the details in Block Letters in English)

To,
Depository Participant Name
Address

Dear Sir / Madam,

I / We the Sole Holder / Joint Holders / Guardian (in case of Minor) / Clearing Member request you to close my / our
account with you from the date of this application. The details of my/our account are given below:
Account Holder’s Details
DP ID Client ID
Name of the First / Sole Holder
Name of the Second Holder
Name of the Third Holder
Address for Correspondence

City State PIN

Details of remaining security balances in the account (if any)

Reasons for Closing the Account
Balance remaining in the account (if any) to be :
❑ partly rematerialised and partly transferred. ❑ Rematerialised
❑ Transferred to another account (Number given below) ❑ Not applicable
DP ID Client ID
Balance present in account for ❑ Ear - marked ❑ Pledged
(To be filled by DP, if applicable) ❑ Pending for Dematerialisation ❑ Frozen
❑ Pending for Rematerialisation ❑ Lock-in

DECLARATION: In case of Account Closure due to SHIFTING OF ACCOUNT:

I/We declare and confirm that all the transactions in my/our demat account are true/ authentic.

First / Sole Holder Second Holder Third Holder

Name

Signature *

*If DP or CDSL initiates account closure, Signature(s) of account holder(s) not required.
===============================(Please Tear Hear)==============================
Acknowledgement Receipt
Application No. Date :-

We hereby acknowledge the receipt of the your instruction for Closing the following Account subject to verification: -
DP ID Client ID
Name of the First / Sole Holder
Name of the Second Holder
Name of the Third Holder
Reason for Closure

Depository Participant Seal and Signature

Instructions to Account Holder(s)
o Submit a duly-filled RRF if the balances are to be rematerialized.
o Submit a duly-filled Delivery Instruction Slip [DIS] (off market instruction slip) if the balances are to be
transferred to another Account. This requirement is not applicable in the case of “SHIFTING OF ACCOUNT”.

Confidential
CDSL – DP Operating Instructions – December 2024 Page 1 of 1
 Annexure 10.2

Date :

To,
Company Name and Address

Dear Sir / Madam,

Sub : Rejection of pending demat request and account closure

I / We have submitted the certificates of your company __________________________ having

ISIN __________________ for dematerialisation through Depository Participant
_______________________(name) having DP ID __________________. Details of my/ our
demat request(s) are given below –

Certificate
Demat Demat Distinctive no(s).
Date of no(s).
Request Request
setup of Quantity
Form no. no.
DRN
(DRF no.) (DRN) From To From To

The aforesaid demat request(s) is / are pending for disposal for a long time. As I / we wish to
close my / our BO account no. __________________________ and hold the above mentioned
securities in physical form, I / We request you to reject the pending demat request and send
physical certificates directly to me / us with intimation to my / our DP.

Yours faithfully,

Name and Signature of 1st holder : _____________________________________

Name and Signature of 2nd holder : _____________________________________

Name and Signature of 3rd holder : _____________________________________

Encl : Letter giving details of the demat request, duly signed and stamped by DP.

cc : 1. DP name and address

2. Electronic connectivity RTA name and address

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CDSL – DP Operating Instructions – December 2024 Page 1 of 1
Format of letter from BO to DP Annexure 10.3

To, Date: ____________

DP Name
Address

Dear Sir / Madam,

Sub: Rejection of pending demat request and account closure

I/We had submitted share certificates / securities for dematerialisation through you, details of
which are as follows:-

Issuer (Company) Name : ___________________________________

ISIN : ___________________________________

Certificate
Demat Demat Distinctive no(s).
Date of no(s).
Request Request
setup of Quantity
Form no. no.
DRN
(DRF no.) (DRN) From To From To

The aforesaid demat request(s) is/are pending for disposal for a long time. As I/we wish to close
my/our BO account no. __________________________, I/We request you to reject the pending
demat request(s) which have been set up in the system.
I/We wish to inform you that: (tick the relevant box):-
❑ the share certificates (securities) pertaining to these demat requests are in my/our
possession.
❑ the share certificates (securities) pertaining to these demat requests are not in my/our
possession. However, I/we undertake to take up the matter directly with the concerned
Issuer and/or its RTA.

Yours faithfully,

First Holder Second Holder Third Holder

Name

Signature

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CDSL – DP Operating Instructions – December 2024 Page 1 of 1
Format of letter from DP to CDSL Annexure - 10.4
[on the DP’s letterhead]

Date: __ / __ / _____

To:

Central Depository Services (India) Limited

Marathon Futurex, Unit No. 2501,
25th floor, A-Wing, Mafatlal Mills Compound,
N. M. Joshi Marg, Lower Parel,
Mumbai-400013

Dear Sir / Madam,

Sub: Rejection of pending demat request and account closure

In line with CDSL’s DP Operating Instructions regarding account closure, we have received a
request from BO(s), having BOID ________________________ requesting the cancellation of
long-pending demat request(s) and the subsequent closure of the said demat account. The said
request letter is attached herewith.

We request you to arrange to cancel the following demat requests [DRNs] in the CDSL system
as they are pending for more than 60 days. The details of the BO(s) i.e. account number,
name(s) and signature(s), as mentioned in the attached letter, have been duly verified by us and
found to be in order.

Demat
Sr. No. Request Issuer Name ISIN Quantity
No.
1
2

The BO(s) has/have confirmed that the securities / share certificates are in their possession and
if not, they have undertaken to take up the matter directly with the concerned Issuer/RTA.

Thanking you,

Yours faithfully,
for [DP Name]
DP Seal

_____________________
[Authorized Signatory]
Name: ____________
Designation: _______

Confidential
CDSL – DP Operating Instructions – December 2024 Page 1 of 2
Format of letter from DP to CDSL Annexure - 10.4
[on the DP’s letterhead]

Encl: Letter from BO(s)

Confidential
CDSL – DP Operating Instructions – December 2024 Page 2 of 2
Operating Instructions - Annexure 11.1
PENALTY STRUCTURE FOR DPs
Sr. Nature of non-compliance Penal Action (in ₹)
No.
I Operational deviation
1 a) Accounts operated with an unsigned agreement/ ₹5,000/- per account.
without acknowledgement of Rights and Obligations
document. If such deviation is observed in two
consecutive inspections, penalty
b) Account opened without obtaining adequate proof of would be ₹10,000/- per account.
identity or any other document prescribed under
guidelines of CDSL / SEBI / PMLA. If such deviation is observed in three
consecutive inspections, matter would be
c) Account opened without obtaining adequate proof of referred to Member Committee.
address as prescribed under guidelines of CDSL / SEBI /
PMLA. Depository to refer the matter to Member
Committee if total penalty imposed in one
d) Adequate proof of address not collected for change inspection under this head exceeds
of address as prescribed under guidelines of CDSL / ₹1,00,000/-.
SEBI / PMLA.

e) Record of in-person verification not maintained as

prescribed under guidelines of CDSL / SEBI / PMLA

2 Supplementary agreement executed or undertaking / ₹2,000/- per occasion

letter obtained, or any modification made in any
document which has clauses contradictory to CDSL
prescribed agreement or Rights and Obligations
document or Power of attorney executed in favour of DP
in contradiction to CDSL prescribed guidelines.
3 Accounts opened in the name of Partnership firms / ₹2,000/- per account
proprietary concern / such other entities not entitled to
hold securities in its name as prescribed under
guidelines of CDSL / SEBI / PMLA.
4 Nomination not done as per prescribed procedure ₹500/- per account
5 Any type of transaction not executed as per the ₹1,000/- per account
procedure prescribed by Depository such as change in
bank details, change in signature, transmission, account
closure, freeze/unfreeze, pledge, remat etc. as
prescribed under guidelines of CDSL / SEBI /PMLA. Public

6 Data entry errors / omission which may cause ₹100/- per account
inconvenience and/or loss to the BO/ system
/Depository.
7 Correct PAN details are not obtained from the BOs and ₹1,000/- per account
the account is not frozen for debit as prescribed under
guidelines of CDSL / SEBI /PMLA.
8 Incorrect entry of PAN details in CDAS as prescribed ₹100/- per account
under guidelines of CDSL / SEBI /PMLA.
9 Invalid/ factually incorrect/ meaningless data entered in ₹1,000/- per account
demographic details.
10 Delay in dispatch of demat requests beyond 7 working ₹500/- per occasion
day after receipt of Demat Request Form and certificates
from the BO.
11 Sending securities for dematerialization to Registrar & ₹200/- per occasion
Transfer Agents / Issuers without defacing and mutilating
certificates.
12 No/inadequate control over issuance and/or acceptance ₹5,000/- per occasion.
of instruction slips.
If such deviation is observed in two
consecutive inspections, penalty would
be ₹10,000/-.

If such deviation is observed in three

consecutive inspections, matter would be
referred to Member Committee.

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CDSL - DP Operating Instructions - September 2024
13 BO account debited without receiving proper 10% of value of the debit transaction
authorization as prescribed under guidelines of CDSL / executed with a maximum cap ₹10,000/- per
SEBI. account.

Depository to refer the matter to Member

Committee.

The penalty levied above will be in addition to

restoration of securities in case of BOs'
dispute

14 Instruction of the BO not executed or erroneously ₹500/- per account

entered by DP.
15 Fax indemnity not executed with the BOs for the ₹1,000/- per account
instructions accepted on fax and/or original instruction
not collected within three working days from the date of
receipt of the fax.
16 Transaction statement not being sent to BOs as per ₹4,000/- per occasion
requirements or discrepancy observed in the transaction
statement sent to BOs.
17 Change in office address and / or investor ₹500/- per occasion
relations officers / compliance officers not intimated to
Depository.
18 Forms used are not in conformity with the prescribed ₹200/- per occasion
format.
19 Termination / closing of franchisee/ branch services ₹1,000/- per occasion
contrary to CDSL instructions.
20 Registration of BOs to easi/ easiest without obtaining ₹1,000/- per account
registration forms/Registration of Trusted accounts at
easiest without obtaining letter in the given format from
trusted account holders.
21 Internal Audit Report & / Concurrent Audit Report not ₹2,000/- per occasion plus additional ₹1000/-
submitted in the prescribed format within stipulated time for any delay per fortnight.
period.
₹4,000/- per occasion plus additional ₹2,000/-
for any delay per fortnight if repeated delay
found in consecutive period.

If same deviation is observed for three

consecutive periods, matter would be
referred to Member Committee.

22 Internal audit report/ concurrent audit report submitted ₹2,000/- per occasion plus additional ₹1,000/-
without inclusion of management comments for for any delay per fortnight till the submission
deviations noted by auditors or not providing compliance of revised report
duly certified by auditors on the observations made by
the Depository.

23 Non-submission of net worth certificate based on the ₹5,000/- per occasion plus additional ₹2,000/-
audited annual accounts by the DPs (as specified in the for any delay per fortnight.
Bye-Laws) in the prescribed format for 31st March within
prescribed time limit. ₹10,000/-per occasion plus additional ₹4,000/-
for any delay per fortnight if repeated delay
found in consecutive period.

If same deviation is observed for three

consecutive periods, matter would be
referred to Member Committee.

24 Non-submission of annual financial statement within the ₹2,000/- per occasion plus additional ₹1,000/-
prescribed time limit. for any delay per fortnight

₹4,000/- per occasion plus additional ₹2,000/-

for any delay per fortnight if repeated delay
found in consecutive period.

If same deviation is observed for three

consecutive periods, matter would be
referred to Member Committee.

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25 Non filing of information sought by depository either ₹500/- per occasion
periodically or specifically through communiqués / letters
etc.
26 $
BO Grievances (except disputes/court cases) not ₹500/- per grievance plus additional
redressed within 21 days. ₹200/- for any further delay per month.

Delay beyond six months will be reported

to the Member Committee.
27 Non-submission of monthly report of BOs’ Complaints ₹ 1,000/- per month
(BOG report) as required under Bye Law 5.3.5.4 (latest
by 10th of the following month). ₹2,000/- per month if repeated delay found in
consecutive month.

If same deviation is observed for three

consecutive periods, matter would be
referred to Member Committee.
28 Compliance not reported by DP within 60 days from the Matter to be referred to Member
date of communication by depository with respect to Committee.
deviations observed during the inspections.

29 a) In–person verification carried out by any person other Matter to be referred to Member
than as permitted by SEBI / Depositories. Committee.

b) Carrying out function of verification of delivery

instruction slips through franchisees.

c) Dispatch of periodic transaction statements by

Participants through its service centre (branch as well as
franchisees) other than one which is directly connected
to the Depository or through its centralised processing
unit under the supervision of its head office.

30 Depository services are offered through service centres ₹5,000/- per occasion
without the approval of the Depository.
31 $
Anti-Money Laundering (AML) policy not framed as ₹5,000/- per occasion
required under PMLA.
32 Non appointment of Principal officer/Non intimation of ₹5,000/- per occasion
change of Principal Officer details to FIU-IND.
33 Suspicious Transaction Register not being maintained as ₹5,000/- per occasion
prescribed by CDSL.
34 System of maintaining documents pertaining to ₹2,000/- per occasion
depository operations not satisfactory.
35 Non- Submission of data for risk- based supervision in ₹2,000/- per occasion
Risk Assessment Template (RAT) for half year ending
March31st by April 30th and half year ending September ₹4,000/- per occasion if repeated delay found
30th by October 31st. in consecutive period.

If same deviation is observed for three

consecutive periods, matter would be
referred to Member Committee.
36 Failure to co-operate with the Depository for conducting Would be referred to Member Committee
inspection by not submitting all the information/records
sought within 45 days from the due date specified in the
letter of intimation.
37 Data submitted in Internal Audit Report, Concurrent ₹1,000/- per occasion.
Audit report, Risk Assessment Template (RAT) for Risk
based supervision, Net worth certificate, Annual ₹2,000/- per occasion, if same deviation is
Financial Statements, Half year Compliance Certificate observed for consecutive period.
of Investor Grievance Report is found to be false/
incorrect. If same deviation is observed for three
consecutive periods, matter would be
referred to Member Committee.

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CDSL - DP Operating Instructions - September 2024
38 Failure to furnish half yearly compliance certificate/report Restraint on new account opening if 30 days
to Depository for half year ending June 30th by July 30th have elapsed after stipulated time period for
and half year ending December 31st by January 31st. submission of the compliance certificate.

Matter to be referred to Member Committee if

the delay is beyond 60 days from stipulated
time period.

39 Delivery Instruction Slip (DIS) not scanned and uploaded a) If the deviation is observed in the first
in system provided by Depositories. month - penalty of ₹200/- per DIS to be
imposed with a maximum cap of ₹20,000/-

b) If the deviation is observed in the Second

consecutive month, a penalty of ₹300/- per
DIS to be imposed with a maximum cap of
₹30,000/-.

c) If total monetary penalty imposed under

this head is more or equal to
₹1,00,000/- during one financial year, matter
would be referred to Member Committee.

40 Surveillance policy is not framed or not reviewed ₹2,500/- per occasion.

periodically.
If repeated non-compliance found in
consecutive period.
₹5,000 per occasion.

If same deviation is observed for three

consecutive periods, matter would be
referred to Member Committee.

41 Report on status of the alerts not provided to the ₹1,000/- per occasion
Depository on quarterly basis within 15 days from the
end of the quarter. ₹1,000/- per occasion plus additional ₹500/-
for any delay per fortnight

₹2,000/- per occasion plus additional ₹1,000/-

for any delay per fortnight if repeated delay
found in consecutive period.

If same deviation is observed for three

consecutive periods, matter would be
referred to Member Committee.

42 Investor Grievance Redressal Mechanism-Escalation ₹5,000 per occasion.

Matrix not published on website as per CDSL guidelines.
If such deviation is observed in two
consecutive inspections, penalty would be
₹10,000 per occasion.

If such deviation is observed in three

consecutive inspections, matter would be
referred to Member Committee.

43 Contact numbers mentioned in Escalation Matrix are ₹5,000 per occasion.

same for more than one or for all escalated levels / not in
use / not reachable during working hours / IVRS not If such deviation is observed in two
allowing caller to reach the desired escalated level / not consecutive inspections, penalty would be
handled by escalated person. ₹10,000 per occasion.

If such deviation is observed in three

consecutive inspections, matter would be
referred to Member Committee.

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CDSL - DP Operating Instructions - September 2024
44 $
Online account closure of demat account facility is ₹25,000/- per occasion
not made available by Participants offering the
online demat account opening facility as per the
guidelines issued by the Depositories.

45 $
Non execution of online account closure request of ₹5,000/- per account
clients with or without holdings on the online closure
portal provided by Participants within the stipulated If such deviation is observed in two
timelines. consecutive inspections, penalty would be
₹10,000/- per account

If such deviation is observed in three

consecutive inspections, matter would be
referred to Member Committee for review.

II System related deviations

1 Using the CDAS for any other purpose or loading any ₹10,000/- per occasion
other software or alteration of parameters / configuration/
software other than prescribed system software found
loaded in the system.

2 Not upgrading the software and/or hardware within the ₹10,000/- per occasion plus actual cost of
prescribed time limit / not complying with pre- requisite or travel of CDSL official/s and/or other
post-requisite of upgradation. person/s on behalf of CDSL, if any, for this
purpose.
3 Configuration of CDAS not as per CDSL requirements. ₹10,000/- per occasion

4 CDAS is connected to WAN without permission of ₹10,000/- per occasion

relevant authorities.
5 Anti-Virus Software not loaded/enabled/upgraded on ₹1,000/- per occasion
server and/or client machine(s).
6 Not taking back up daily and / or deviation in procedure ₹200/- per occasion
of taking back up.
7 ‘Variable access rights’ scheme suggested by ₹500/- per occasion
Depository not implemented / not implemented properly.
8 Erroneously uploading data files into CDSL system for ₹1,000/- per account
processing of any type of transaction.
9 Erroneous declaration of EOD by DP. ₹1,000/- per account

10 Physical access to client machine and server is easily ₹200/- per occasion
available to unauthorised persons.

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 Confidential
CDSL - DP Operating Instructions - September 2024
 Annexure 13.1

Freeze / Unfreeze Request Form

Depository Participant Name /Address

Please fill all the details in Block Letters in English
Ref No. Date D D M M Y Y Y Y

❑ Freeze ❑ BO ❑ BO ISIN Freeze ID (system generated, to entered DP

❑ Unfreeze Account (given ISIN) If BO account is frozen)

Account Details
DP ID Client ID
Name of the Sole / First Holder
Name of Second joint Holder
Name of Third joint Holder

Details of Securities. (To be entered for BO–ISIN freeze)

Quantity Freeze ID
Sr.
ISIN Name of the security For Partial (To be entered by
no.
Freeze DP)

Attach an annexure duly signed by the account holder(s), if the space above is insufficient.

Frozen For ❑ Debit ❑ Credit ❑ Both

Activation Type ❑ Current ❑ Future
Freeze Activation Date * D D M M Y Y Y Y
Freeze Expiry Date D D M M Y Y Y Y
Reason For Freeze
Freeze Remarks
* To be entered for future dated freeze.

I / we declare that the particulars given by me/ us above are true to the best of my/ our knowledge.

Name & Signature of the Account Holder(s)

First/ Sole Holder Second Holder Third Holder
NAME

SIGNATURE

==========================(Please Tear Here)=====================

Acknowledgement Receipt

Received Freeze / Unfreeze request from:

DP ID Client ID
Name of the Sole / First Holder
Name of Second joint Holder
Name of Third joint Holder

Depository Participant Seal and Signature

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CDSL – DP Operating Instructions – December 2024 Page 1 of 1
 Annexure 14.1

Form No. 1
Arbitration Application Form
In the matter of Arbitration under the Bye Laws, Agreement and Operating Instructions of
Central Depository Services (India) Limited

BETWEEN ____________________________________________________ (Name of Claimant/s)

AND ______________________________________________________ (Name of Respondent/s)

From,
_______________
_______________

To,
The Secretary
Arbitration Committee
Central Depository Services (India) Limited

Sir,

As claims, differences and disputes (whether admitted or not), within the meaning of the Bye-
laws read with the Agreement entered with the Depository Participant and Operating Instructions
of the Central Depository Services (India) Limited have arisen and are now between me / us and
________________________ the Respondent/s above-named, I/We hereby apply for
adjudication of the same by Arbitration as provided in the said Bye-laws read with the Agreement
and Operating Instructions.

I/We enclose:

i) duly completed Notice (Form No. 2) in triplicate proposing the names of three arbitrators
and calling upon the Respondent(s) above mentioned to consent to appointment of any
one of them;

ii) Statement of the case together with Statement(s) of accounts in triplicate, and

iii) A sum of Rs. __________ being the Application fee, Rs. ______, towards Administration
fees, Rs. _____________towards Arbitration fee, Rs. ______ for the first hearing and
deposit of Rs. ______ towards the Arbitrators fees and the cost of stamp paper for the
Award.
______________________________________________________________________________________
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 Annexure 14.1

I/We enclose copies of all the supporting documents and papers relating to the reference in my /
our possession as per the list annexed and/or undertake to produce such documents which are
not in my possession in due course.

I /We undertake to produce original documents when called upon to produce the same.

Note: In case of a non-production of any of the above documents, reasons for the
same shall be mentioned.

Dated this _______ day of ____________, 2_____.

Yours faithfully,

(Signature of Claimant(s))

______________________________________________________________________________________
CDSL – DP Operating Instructions – December 2024 Page 2 of 2
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 Annexure 14.2

FORM NO. 2
Form of Nomination and Notice of Appointment
In the matter of
Arbitration under the Bye-Laws, Agreement and Operating Instructions of
Central Depository Services (India) Limited

BETWEEN ____________________________________________________ (Name of Claimant/s)

AND ______________________________________________________ (Name of Respondent/s)

To,

Respondents

WHEREAS it is provided in the Bye-laws, Agreement and Operating Instructions of CDSL that all
claims (whether admitted or not), differences and disputes arising out of or in relation to dealings
arising out of or in relation to dealings, transactions and contracts made subject to the said Bye-
laws, Agreement and Operating Instructions or with reference to anything incidental thereto or in
pursuance thereof or relating to their construction, fulfillment or validity shall be referred to
Arbitration as provided in the said Bye-laws, Agreement and Operating Instructions.

NOW THEREFORE in pursuance of the said Bye-laws, Agreement and Operating Instructions,
I/We ________________________ the Claimant/s above-named do hereby propose the following
names of Arbitrators from the approved panel of Arbitrators for appointment of anyone of them
as an Arbitrator:
Name of three Arbitrators: (1) Shri __________________
(2) Shri __________________
(3) Shri __________________

AND I/We require you to consent and appoint any one of them as an Arbitrator in the matter of
said claims, differences and disputes, within seven days from the service of this notice, failing
which the first named Arbitrator proposed above would be treated as the sole arbitrator.

Dated this ________ day of ______________, 2____.

(Signature of Claimant(s))

Note: Statement of the case together with Statement/s of Account is appended hereto.

______________________________________________________________________________________
CDSL – DP Operating Instructions – December 2024 Page 1 of 1
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 Annexure 14.3

FORM NO. 2A
Consent of the Arbitrator
In the matter of
Arbitration under the Bye-laws, Agreement and Operating Instructions of
Central Depository Services (India) Limited

BETWEEN ____________________________________________________ (Name of Claimant/s)

AND ______________________________________________________ (Name of Respondent/s)

To,
The Secretary
Arbitration Committee
Central Depository Services (India) Limited

WHEREAS it is provided in the Bye Laws, Agreement and Operating Instructions of CDSL that all
claims, differences and disputes (whether admitted or not) arising out of or in relation to dealings
arising out of or in relation to dealings, transactions and contracts made subject to the said Bye
Laws, Agreement and Operating Instructions or with reference to anything incidental thereto or
in pursuance thereof or relating to their construction, fulfillment or validity shall be referred to
Arbitration as provided in the said Bye Laws, Agreement and Operating Instructions.

We hereby accord our consent and declare that we are not in any way interested or concerned
either in business dealings or otherwise with the Claimant/s or the Respondent/s. We also
declare that we are eligible to be appointed as Arbitrator in these presents. We further declare
that we possess the qualifications prescribed to act as an Arbitrator under the Bye Laws,
Agreement and Operating Instructions of the Central Depository Services (India) Limited.

Dated the _______ day of ____________, 2_____.

_______________________
(Signature of Arbitrator)

______________________________________________________________________________________
CDSL – DP Operating Instructions – December 2024 Page 1 of 1
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 Annexure 14.4

FORM NO. 3

Format of Covering Letter

Central Depository Services (India) Limited
Date: __ / __ / 2_____

In the matter of
Arbitration under the Bye-laws, Agreement and Operating Instructions of
Central Depository Services (India) Limited

BETWEEN ____________________________________________________ (Name of Claimant/s)

AND ______________________________________________________ (Name of Respondent/s)

To,
The Respondent/s

Dear Sir(s),
We enclose a Notice (Form No. 2) dated ___ / ____ / 2____ from ________________________,
the Claimant/s above named together with copies of his/their Statement of the case and
Statement/s of Account.

For your ready reference, we also enclose Reply to Arbitration Application (Form No. 4) and Form
of Nomination and Appointment (Form No. 5).

Yours faithfully,

_____________________
(Arbitration Secretary)

______________________________________________________________________________________
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 Annexure 14.5

FORM NO. 4
Reply to Arbitration Application
In the matter of Arbitration under the Bye-laws, Agreement and Operating Instructions of
Central Depository Services (India) Limited

BETWEEN ____________________________________________________ (Name of Claimant/s)

AND ______________________________________________________ (Name of Respondent/s)

From,
_______________________
_______________________

To,
The Secretary
Arbitration Committee
Central Depository Services (India) Limited

Sir,
In connection with the application for Arbitration dated ____/___/_______ submitted by
_________________________________, the Claimant(s) above-named, I / We return herewith:

(i) Form of nomination of an Arbitrator (Form no. 5) duly completed;

(ii) Statement of the case in reply in triplicate;
(iii) Statement of the set-off or counterclaim together with statement(s) of account in
triplicate; and
(iv) A sum of Rs. _______ /- being the Arbitration fees.

I / We enclose copies of all the supporting documents and papers relating to the reference in my
/ our possession as per the list annexed and/or undertake to produce such documents which are
not in my possession in the due course. I /We undertake to produce original documents when
called upon to produce.

Dated this _______ day of ____________, 2_____

Yours faithfully,

_______________________
(Signature of Respondent/s)

Note: In case of non-production of any of the above documents, reasons for the
same shall be mentioned.
______________________________________________________________________________________
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 Annexure 14.6

FORM NO. 5
Form of Nomination and Appointment

In the matter of Arbitration under the Bye laws, Agreements and Operating Instructions of
Central Depository Services (India) Limited

BETWEEN ____________________________________________________ (Name of Claimant/s)

AND ______________________________________________________ (Name of Respondent/s)

WHEREAS it is provided in the Bye Laws, Agreement and Operating Instructions of CDSL that all
claims, differences and disputes (whether admitted or not) arising out of or in relation to
dealings, transactions and contracts made subject to the said Bye Laws, Agreement and
Operating Instructions or with reference to anything incidental thereto or in pursuance thereof or
relating to their construction, fulfillment or validity, shall be referred to Arbitration as provided in
the said Bye Laws, Agreement and Operating Instructions.

AND WHEREAS in pursuance of the said Bye Laws, Agreement and Operating Instructions,
_______________________ the Claimant/s above-named has/have proposed the names of three
Arbitrators and have called upon me/us to convey our consent for appointment of anyone of
them as the Sole Arbitrator.

*I/ We consent to the appointment of Shri _______________ as the Sole Arbitrator /

*I/We do not consent to the appointment of any of them as the Sole Arbitrator.

Dated this _______ day of _____________, 2_____.

______________________
Signature of Respondent/s

* Strike out whichever is not applicable.

______________________________________________________________________________________
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 Annexure 14.7

FORM NO. 6
Form of Appointment of Arbitrator
In the matter of
Arbitration under the Bye-Laws, Agreement and Operating Instructions of
Central Depository Services (India) Limited

BETWEEN ____________________________________________________ (Name of Claimant/s)

AND ______________________________________________________ (Name of Respondent/s)

WHEREAS by an instrument in writing dated the ____________ day of ____________, 2____ the
Claimant/s above-named has/have duly proposed the names of three persons from the approved
panel of Arbitrators to determine the claim, differences and disputes in the above matter as
provided in the Bye-laws, Agreement and Operating Instructions of CDSL
AND
❖ WHEREAS ________________________________________, the Respondent/s above-named
has/have failed/refused to consent to the appointment of any of the three Arbitrators
proposed by the Claimant/s as provided in the said Bye-laws, Agreement, and Operating
Instructions.

❖ WHEREAS the Respondent/s has/have consented to the appointment of Shri

_________________________ as an Arbitrator to determine the claim, differences, and
disputes in the above matter as provided in the Bye-laws, Agreement, and Operating
Instructions of CDSL.

NOW, THEREFORE, in pursuance of the said of CDSL, I, Shri _____________________________

____________________, authorized representative of CDSL, with the consent of the parties
hereto, appoint Shri _________________________ as an Arbitrator/ third Arbitrator in the above
matter.

Dated this _______ day of _____________, 2______

CDSL

❖ Strike out what is not applicable. The recitals may vary according to the circumstances of the
case

______________________________________________________________________________________
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 Annexure 14.8

FORM NO. 7
Appointment of the Presiding Arbitrator

In the matter of
Arbitration under the Bye Laws, Agreement and Operating Instructions of
Central Depository Services (India) Limited

BETWEEN ____________________________________________________ (Name of Claimant/s)

AND ______________________________________________________ (Name of Respondent/s)

We, the undersigned, _________________________________________________________ and

_____________________________________ the Arbitrators duly appointed in the above matter
hereby in conformity with the submissions made under the Bye Laws, Agreement and Operating
Instructions of CDSL, under which we are acting, appoint _______________________________
to be the Presiding Arbitrator in the said matter.

Dated this _______ day of __________, 2 _ _ _

________________________
(Signature of Arbitrators)

To
The Chairman,
Central Depository Services (India) Limited

I, the undersigned ______________________________________ accept the appointment and

agree to act as Presiding Arbitrator in the above matter.

Dated this _______ day of ________, 2 _ _ _

________________________________
(Signature of Presiding Arbitrator)

______________________________________________________________________________________
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 Annexure 14.9

FORM NO. 8
Notice of Hearing
In the matter of Arbitration under the Bye-laws, Agreement and Operating Instructions, of
Central Depository Services (India) Limited

BETWEEN __________________________________________________ (Name of Claimant/s)

AND ________________________________________________ (Name of Respondent/s)

WHEREAS ______ day of _________________ 2____ at _____________ (time) at

______________________________________ (place) has been fixed by the Arbitrators herein
for proceeding in the above reference.

NOW THEREFORE take notice that each party is required to remain present either in person or
through a duly authorized representative for the said proceedings with the necessary books,
documents, papers, etc., that may be required to be placed before the Arbitrators during the
course of such proceedings.

AND take further notice that in case any party absents himself, the Arbitrator/ Umpire shall at
their/ his discretion proceed with the reference ex-parte.

Dated the _______ day of ________, 2 _ _ _

________________________________________
(Signature/s of Arbitrator(s) /Arbitration Secretary)

______________________________________________________________________________________
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 Annexure 14.10

PANEL OF ARBITRATORS OF CDSL - MUMBAI

WITH ADDRESS AND CONTACT DETAILS

Arbitration Secretary
Central Depository Services (India) Limited
A-Wing, Marathon Futurex, 25th Floor,
Mafatlal Mills Compound, N.M. Joshi Marg,
Lower Parel (E), Mumbai - 400 013
Contact Number: 022-23058671
Board: (022) 2302-3333 extn. 8671

Sr. NAME QUALIFICATIONS PROFILE

No.
1. Mr. Rajesh Laxmichand CA Over 20 years’ experience in
Shah Industrial Management Consultancy
with Specialization in Project
Finance, FEMA, International
Taxation including DTAA
Corporate Laws, Indirect Taxes,
Takeovers and Mergers, Arbitration,
Conciliation and Mediations.

2. Mr. Lakshman A. B.sc, Ex-banker. Served IDBI for over 34

years at senior position.

3. Mr. Gaurang Bhupendra CA Practicing CA since 2005

Shah

4. Mr. Ashwin Bapulal Ankhad B.SC, LL.B, ACS, Practicing advocate. Over 30 years’
LL.M experience in handling Corporate
Arbitrations and Litigations.

5. Mr. Pradeep Vithal Samant B.Com. LL.B,CFP Practicing advocate. Over 20 years’
experience in Commercial Laws
including ADR of commercial
disputes.

6. Mr. Rajendra Karanmal B.Com., LL.B. CA Arbitrator and Senior Finance

Bhuta Professional with 35 years’
Experience.

CDSL – DP Operating Instructions – December 2024 Page 1 of 4

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 Annexure 14.10

Sr. NAME QUALIFICATIONS PROFILE

No.
7. Mr. Anil Balkrishna Ghaisas B. Com, L.L.M., Practicing CA. Specialization in
C.A. Real Estate, Finance Banking and
Taxation. 33 years' experience in the
field.

8. Mr. Bhupendra Kantilal Shah B.Com., FCA, ISA Practicing CA. Specialization in
Income-tax, Wealth tax Allied Laws,
Tribunals, Petitions, CIT Matters,
Opinions and Academics etc.
Examiner of ICAI since last 24
exams.
9. Mr. Jashvant Chandulal B.Com, CA ( DISA) Practising CA since 1972
Raval (IFRS)

10. Mr. Kersi Jamshed B.Com., LL.B. CA Practicing CA. Specialization in

Limathwalla Finance, Economics, Law, Taxation,
Accounting and Auditing. Over .32
years' experience in the field.

11. Mr. Jaiprakash Bairagra B.Com., LL.B., CA, Practicing CA. Specialization in
CMC Real Estate, Finance Banking etc.
More than 32 years’ experience in
Accounts.
12. Mr. Rajkumar Satyanarayan CFE, B.Com (Hons), Specialization in Intellectual
Adukia CA, CS, ACMA, Property, Real Estate, Finance
LLB, MBA Dip IFRS Banking, Commercial Contracts,
(UK), DLL&LW, Corporate Law, Joint Ventures etc.
DIPR, Dip Have 27 years’ experience in
Criminology practice.
13. Mr. Sundararajan Srinivasan M.SC., M.B.A. Ex-Chief General Manager IDBI
bank

14. Mr. Dilip Kakubhai Virani M.BA, MICA, Practising Surgeon; Mediation &
MICADR, MIBA, Arbitration
M.S
15. Mr. Anil Shah CA, CS, Chartered Practising Chartered Accountant
Secretary,
Administrator UK
and Chartered
Arbitrator UK

16. Mr. Subramanian Narayanan B.Com., FCS Ex-President-ICSI; Practising

Ananthasubramanian Company Secretary

CDSL – DP Operating Instructions – December 2024 Page 2 of 4

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 Annexure 14.10

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No.
17. Mr. Pawan Agarwal B.Com, L.L.B., Former Senior Partner in M/s. P. R.
F.C.A., DISA (ICAI) Agarwal & Awasthi, Chartered
Accountants, Expert in Commercial
Law, Securities Law, Finance,
Corporate Laws
18. Mr. H. C. Parekh M.Sc., M.Phil, Director General Chennai,
Masters Diploma in Commissioner of Income Tax
Public Adminstration, (Central) Mumbai, Director of
Indian Revenue Income Tax (Investigation) Mumbai,
Services Director of Income Tax
(Investigation), Ahmedabad,
Expertise in Revenue Intelligence,
Administration and Investigation.
Presently a Chancellor of a Deemed
University, Rajasthan Vidyapeeth,
Udaipur
19. Mr Ramesh M Joshi B.A., LLB Former DGM Reserve Bank of
India, Former Executive Director
SEBI (Primary Market)
20. Justice J. H. Bhatia B. Com, L.L.M Retired as Judge of Bombay High
Court, Post retirement appointed as
Judicial Member of the Armed
Forces Tribunal, Regional Bench,
Mumbai
21. Justice S. Radhakrishnan B.Sc., L.L.M., PH.D Retired as Judge Bombay High
(LAW) Court, Former Chairman
Maharashtra Adminstrative Tribunal

22. Justice A. S. Aguiar B.A., LLB Former Judge of the High Court,
Mumbai, Advocate, Solicitor,
Bombay High Court, Solicitor,
Supreme Court of England of Wales
23. Mrs. Padma Rajendran M.A. (Economics) 27 years of experience in Banking
with specialization in industry in Management position.
Banking & Finance Former General Manager, IDBI

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 Annexure 14.10

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No.
24. Mr. Gopal K Sharma M.A. LLB Chief Commissioner of Income Tax,
Kochi, 34 years of experience in the
administration of the Department of
Income Tax. 3 years of judicial
experience as Commissioner of
Income Tax (Appeals) at Chennai
and Visakhapatnam. 7 years of
experience in the investigation wing
of Income tax.
25. Mr. S. C. Gupta B.A., L.L.B., Former Legal Advisor and Head of
C.A.I.I.B (Part I) Department, Legal, Reserve Bank of
India
26. Mr. D. P. Roy M.Sc., Certified Former Chairman of SBI Capital
Associate of Indian Markets Ltd. and Deputy Managing
Institute of Bankers Director of SBI
27. Mr. R. V. Iyer B.E. (Mech), PGD in Former General Manager (Recovery,
Auto Engineering Monitored Accounts and Legal) of
Bank of Baroda
28. Mr. G. A. Nayak M.Com, MFM, Retired as Chief General Manager,
PGDTM, L.L.B., SIDBI, Over 33 years in RBI, UTI,
PGDTM, CAIIB, IDBI and SIDBI
Certificate in
Industrial Finance
(IIB)

CDSL – DP Operating Instructions – December 2024 Page 4 of 4

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 Annexure 14.11

PANEL OF ARBITRATORS OF CDSL – CHENNAI

WITH ADDRESS AND CONTACT DETAILS

Arbitration Secretary
Central Depository Services (I) Ltd.
BSE Investor Services Centre,
"Imperial" A - Towers, 8th Floor,
610 Anna Salai, Teynampet,
Near Teynampet Metro Station,
Chennai -600018.
(09381995000)

Sr. NAME QUALIFICATIONS PROFILE

No.
1. Mr. Hari Shankar Mani B.Sc Physics, LL.B Practicing Advocate. Over 22 years
of experience in the field of
Corporate Law, Arbitration &
Conciliation Proceedings

2. Mr. G. Vasudevan B.com., LL.B Practicing Advocate. Specialization

in matter related to Tariff and DRT.

3. Mr. S. Bharathi B.A, LL.B Practicing Advocate. Civil Matters,

&Original Jurisdiction in the High
Court of Judicature at Madras.
Knowledge about Capital Market
operations.
4. Mr. N. Ganesh CA, ICWAI More than 29 years of varied
experience in Finance & Accounts.

5. Mr. P. R. Gopinathan B.Sc., LL.B Practising Advocate at Madras. High

Court since 24 years

6. Mr. R. Sundarajan B.C.S.,C.A. Practicing Chartered Accountant

having more than 25 years of
professional experience.

7. Mr. Arun Balaji B.Com, CA Financial professional with

experience of over 10 years in Tax
Assurance, Corporate credit ratings
and Financial reporting.

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 Annexure 14.11

Sr. NAME QUALIFICATIONS PROFILE

No.
8. Mr. Anand Sashidharan B.S.L.B.L. Practicing Lawyer. Over 16 years’
experience Specialisation in
Intellectual Property rights.

9. Mr. G. Muralidharan B.Sc., C.A. Practicing CA. Senior partner in

leading Chartered Accountants firm
having more than 46 years of
professional experience.

10. Mr. R. Vijayaraghavan C.A. As an officer in Bharat Overseas

Bank Ltd., Chennai, for 7 years since
(1978 - 1984) handling funds
management including call money
operations, In profession of CA since
15/02/1985.
11. Mr. V Sekar B.Sc., CA Retd. General Manager & Director,
United India Insurance Co. Ltd, Retd
DGM Financial controller, Oriental
Insurance company Ltd.

12. Mr. A. P. Sridharan B.A.(Economics) G.M. (Personal promotion) Retd.

Reserve Bank of India ChennaI
Conducted various types of
inspections of banks such as H. O.
branches under Sec36 of B.R.ACT,
Foreign Exchange inspections,
Currency Chest inspections, Urban
BANK 's inspections, N.B.F.C
Inspections, Ombudsman
13. Mr. M. S. Pratap B.Sc., L.L.B. Retired as Director and General
Manger at United India Insurance.
worked as Insurance Ombudsman

14. Mr. S. Ravi M.Sc. (Mathematics) Retired Principal Chief

Commissioner of Income Tax

15. Mr. N. S. Srinivasan B.Com, C.A.I.I.B., Retired as General Manager from

F.C.A Bank of Baroda , RBI Nominee
Director on the Board of Tamilnadu
Mercantile Bank Ltd (2004-2005)

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 Annexure 14.11

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No.
16. Justice V. Paul Das B.A., BL Retired Civil Judge(Senior Division)/
Asst Sessions Judge in the City Civil
Court, Chennai

17. Justice S. Jagadeesan B.A., BL Former High Court Judge, Chairman,

Intellectual Property Appellate Board

18. MR J. Krishnamoorthy B.Sc., M.L Former District Judge

19. Mrs. P. S. Prema M.Com, BGL., Retd. General manager, IDBI About
C.A.I.I.B. 15 years' experience in middle level
Management cadre and about 20
years' experience in senior
management cadre in a big public
sector financial institution. Hands on
experience in financing large
industrial projects, project monitoring
and resolution of stressed assets
20. Justice G. M. Akbar Ali B.Sc., M.L Former High Court Judge

CDSL – DP Operating Instructions – December 2024 Page 3 of 3

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 Annexure 14.12

PANEL OF ARBITRATORS OF CDSL - KOLKATA

WITH ADDRESS AND CONTACT DETAILS

Arbitration Secretary
Central Depository Services (India) Limited,
Unit No – A1 (II) & A1 (III), Block A, 1st Floor,
22 Camac Street (Abanindranath Thakur Sarani),
Kolkata – 700 016, West Bengal.
Tel. (033) 32374880

Sr. NAME QUALIFICATIONS PROFILE

No.
1. Mr. Tarun Kumar Gupta BCOM, CA, CS, Practicing CA having specializing in
PGDBM matters related to Indirect Tax. Also a
finance expert in various infrastructure
projects funded by the World Bank,
Asian Development Bank and State
Government.
2. Mr. Prodyut Banerjee BCOM, LLB, LLM, Practicing CS. Legal Professional with
CS 13 years of progressive experience
both in the corporate sector and
private practice in India and abroad.
Presently practicing as an Advocate in
Calcutta.
3. Mr. Shamik Dasgupta MCOM, CS, A competent professional with more
than 20 years of rich experience in
Company Law & Secretarial
Functions, SEBI & Stock Exchange
Compliance
4. Mr. Mukesh Khandelwal CA Practicing CA. Fellow member of the
ICAI and has over 20 years of
diversified professional experience.
5. Mr. Manoj Keshan BCOM, FCA, MIIA Experience in Company Law Matters,
Statutory Audit & Tax Audit.,R.B.I.
Audit, Public sector Undertaking
Audit, Insurance Audit.

6. Mr. Kamal Prakash Singh CA, ICMA, LLB Work experience in Audit &
Assurance, Taxation, Legal Matters
and Company Law

7. Mr. Hariram Agarwal BCOM, LLB, CA, Practicing CA. Over 25 years’
CS, experience in the fields of Finance,
Auditing, Income Tax and Corporate

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 Annexure 14.12

Sr. NAME QUALIFICATIONS PROFILE

No.
Laws.
8. Mr. Arun Kumar Gupta CA Practising CA since February, 2016.
Currently advising and consulting
clients on Corporate Law and
Taxation matters.
9. Mr. Anjan Kumar M.COM. FCS Practicing CS since August 2006.
Bandopadhyay ACMA Specialisation in Corporate Laws and
taxation.
10. Mr. Alok Bhattacharyya Graduated from Special Secretary to Ministry of
Presidency College, Home. West Bengal, Former Director
Calcutta Honours of Tourism, West Bengal, Director of
degree in Statistics Handloom & Textiles, West Bengal,
Managing Director, West Bengal Fish
Seed Dev. Corporporation &
Additional Director of Fisheries,
Author of two books "The Enigma of
Consciousness" and "Adhunik
Darshan O Rabindranath"
11. Mr. Amitabha Mandal B.Tech (Hons) in Former General Mananger, State Bank
Agl. Engg. From IIT of India, Credit Policy & Procedure
Kharagpur department, instrumental in
formulation of NPA Management
policy at the Bank.
12. Mr. Dilip Kumar Das M.Sc. (Mathematics), Started as lecturer in 1968 in
M.B.A. (Finance), Engineering & Degree Colleges in
Diploma in Trainers' Assam, Joined Indian Revenue
Training Service in 1970, Served in assessment,
intelligence, investigation, training &
systems unit of the department.
Retired Chief Commissioner of
Income Tax
13. Mrs. Neeloo Biswas B.A. (Philosophy), Former General Manager, UCO Bank
L.L.B. (Law & Recovery), Former Member
of Legal Committee of Indian Banks'
Association, Former member of
Settlement Advisory Committee of the
Bank.
14. Mr. B. N. Som Former Vice Former Vice Chairman Central
Chairman Central Administrative Tribunal (Kolkata
Administrative Bench) and Former Secretary to
Tribunal (Kolkata Government of India, Department of
Bench) Posts, Former Additional Secretary
and Financial Advisor, Ministry of
Food, Ministry of Food Processing &
Ministry of Consumer Affairs

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 Annexure 14.12

Sr. NAME QUALIFICATIONS PROFILE

No.
15. Mr. Arup Ratan Graduated in Joined Indian Revenue Services in
Chattopadhyay Geography, Post 1967, served in various capacities eg
Graduate Diploma in Assistant Commission of Incom Tax,
Training & Deputy Director of Income Tax
Development (Investigation), Senior Department
Management from Representative (Income Tax Appellate
University of Tribunal), Retired Chief
Manchester, UK Commissioner of Income Tax,
Kolkata.
16. Justice Arunabha Barua M.A., L.L.B. Formerly: Judge, High Court,
Calcutta.

Judge, Special Court, TADA & CBI

Principal Secretary, Law, Govt. of

W.B. Chairperson, Appellate Tribunal
Ministry of Finance, Govt. of India.
17. Mr. N. P. Sengupta M.A. Former Chief Commissioner of
Income Tax, Kolkata-I, served in
various designations as Director
General of IT (Investigation)
18. Mr. Atanu Sen MA in Economics CGM of State Bank Of India, Former
from Calcutta Managing Director and Chief
University, CA IIB Executive Officer of SBI Life
(Both Parts) Insurance Company Ltd. Post
retirement Advisor to SBI in the area
of credit, risk management and cross
selling.
19. Mr. Dipak Kumar B.Sc., Diploma in Former General Manager of United
Bhattacharyya Industrial Bank of India, Consultant State
Management, Post Productivity Council - West Bengal
Graduate in State.
Statistical quality and
operations Research
from Indian Society
for quality control,
CAIIB, Qualified the
graduate membership
examination of Indian
Institute of Industrial
Engineering,

CDSL – DP Operating Instructions – December 2024 Page 3 of 3

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 Annexure 14.13

PANEL OF ARBITRATORS OF CDSL – NEW DELHI

WITH ADDRESS AND CONTACT DETAILS

Arbitration Secretary
Central Depository Services (India) Limited
101, 1st Floor, Aggarwal Corporate Tower, Plot No. 23,
District Center, Rajendra Place, New Delhi - 110008
Tel. (011)-25782116-18

Sr. NAME QUALIFICATIONS PROFILE

No.
1. Mr. Sudhir Kumar Katriar LLB Currently practicing as Senior
Advocate in the Supreme Court of
India, and all the High Courts (except
Patna High Court) Arbitrator Since
March, 2012.
2. Mr. Satish Chandra LLM, LLD Judge since 6th Aug 2008 to 23rd
May, 2015 at Allahabad High Court

3. Mr. S. L. Bhayana LLB Senior Advocate at Supreme Court of

India. Empanelled as Senior
Advocate by Government of Haryana
to appear in Supreme Court on their
behalf. Appointed on panel of
Arbitrators by GAIL, ONGC Ltd.,
IRCTC Ltd. and Indian Council of
Arbitration (ICA).
4. Mr. Vijay Kumar Gupta CA Practicing CA. Over 10 years’
experience in the field of Statutory
and Internal Audits of Nationalized
Banks, Financial Institutions and
Corporate Companies.
5. Mr. Asutosh Lohiya LLB, LLM Practicing Advocate for the last
twenty years specializing in civil and
criminal matters, Arbitrations, Writs,
P.I.L.’s etc.
6. Ms. Anuradha Gupta CS 15 years of experience in legal
advisory, statutory compliance,
corporate laws, Liaoning & co-
ordinating, secretarial functions.

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 Annexure 14.13

Sr. NAME QUALIFICATIONS PROFILE

No.
7. Mr. Manish Gupta CS, LLB Practicing Company Secretary. 15
years of experience in Industrial
Consultancy with specialization in
Corporate Laws, Takeovers and
Mergers, Conciliation and Mediations
8. Mr. Vivek Kumar CA Currently working with a
Professional CA firm, having around
35 years of experience covering all
the facets of finance functions.

9. Mr. Rajat Mathur CA Practicing CA since 19 years.

Consultant with Arthur Andersen’s
tax and regulatory practice during
1995-1998.
10. Mr. Mukesh Aggarwal CA 25 years’ experience in the field of
Finance, Accounts, Taxation,
Auditing, Project Implementation,
and Commercial. Handled Secretarial
& Legal functions in varied
industries.
11. Mr. Ashok Kumar Jalan CA, LLB Practicing CA. Over 25 years’
experience as ICAI certified
Arbitrator on ICAI panel of
Arbitrators.

12. Mr Dipankar Basu M.A (Economics), 36 years of experience in Indian

LLB Adminstrative Service, 22 years
experience in leading district level
and state government positions in
Gujarat, 14 years in Central
government positions at senior level
in Delhi. Retired as Secretary
Coordination in the Cabinet
Secretariat, Government of India.
Worked as Member Appellate
Authority for Industrial and Financial
Reconstruction under Ministry of
Finance in the rank of a High Court
Judge for 3 years
13. Mr. Sarweshwar Jha LLM, LLD Judge since 6th Aug 2008 to 23rd
May, 2015 at Allahabad High Court

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 Annexure 14.13

Sr. NAME QUALIFICATIONS PROFILE

No.
14. Mr Tejinder Singh Laschar M.A (Economics), M. Former Senior Economic Adviser,
Com, PG Diploma in Office of the Economic Adviser,
Development Policy Ministry of Commerce & Industry,
(Glasgow University, Government of India
UK)
15. Justice M. A. Khan M.Com, L.L.B. Retired Judge of Delhi High Court,
Former Vice Chairman of CAT
Principal Bench New Delhi,
Chairman of Human Rights
Commission of arrestee
16. Mr. Ravi Kant M.A., M.SC., Master Former Chairman - Central Board of
Diploma in Public Direct Taxes. After retirement was
Administration nominated as Member - TRAI for
term of 3 years
17. Mr S. S. Aggarwal B.Sc. Engg, LLB Former Chief Surveyor of Works in
MES, 34 years of experience in
framing and acceptance of contracts
worth crores of rupees, dealing with
about 400 arbitration cases, involving
defending the Government in the
arbitration cases.
18. Justice V. S. Aggarwal B.A, L.L.M Former Chairman of Central
Administrative Tribunal and Judge of
Delhi, Punjab and Haryana High
Court
19. Mr Divakar Dev Post Graduate in Retired IAS
Mathematics
42 yrs. Of experience of which 36
years as IAS. The experience is
divided into 3 distinct categories:

Statutory Regulator for Power

Companies since 2002

As a quasi judicial body for nearly

ten years.

10 years in two leading All India

Financial Institutions namely
National Bank for Agriculture and
Rural Development (NABARD)
AND Rural Electrification
Corporation.

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 Annexure 14.13

Sr. NAME QUALIFICATIONS PROFILE

No.
20. Mr. Ashwani Kumar Mehta M.A. (Economics) Retired Chief Commissioner of
Income Tax, Post Retirement Tax and
Financial Consultant.

21. Justice Ram Prakash B.SC., L.L.B. Currently on the panel as an

Arbitrator with Delhi International
Arbitration Centre and Gas Authority
of India Ltd., National Thermal
Power Corporation, Member of
Indian Council of Arbitrators, New
Delhi. Presiding Officer Central
Government Industrial Tribunal Cum
Labor Court Under Ministry of
Labour, Government of India at
Kanpur after Superannuation from
the post of Add. District & Session
Judge / Special Judge (EC Act)
Farrukhabad, U.P.
22. Mr S. P. Marwah M. Com Former Secretary - Labour
Commissioner Govt. of Delhi.

23. Mr S. K. Mukhopadhyay M.Sc., L.L.B. Former Chief Labour Commissioner,

responsible for quasi judicial function
under Labour Laws, prevention and
settlement of industrial disputes
through conciliation, mediation,
arbitration and adjudication,
enforcement of 15 enactment on
labour, verification of trade union
membership. Performed quasi
judicial function of Director -
General under BOCWA Act 1996,
Appellate authority under industrial
employment and also assisted
Ministry of Labour in formulation of
labour policies etc.
24. Justice K. S. Gupta M.Com, L.L.B. Retired Judge of Delhi High Court,
Former member of the National
Consumenr Disputes Commission,
experience in handling arbitration
cases referred by Supreme Court and
Delhi High Court

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 Annexure 14.13

Sr. NAME QUALIFICATIONS PROFILE

No.
25. Mr. K. S. Dhingra B.Sc, LLB Former Chief (Legal) and Joint Chief
(Legal) to Central Electricity
Regulatory Commission
26. Mr. Vijai N. Mathur C.A., C.S., LLB 38 years in the areas of corporate
finance, corporate and business law,
foreign investment and new business
development, green field and start up
projects and joint ventures. Retired as
Director of Gillette India Ltd.
27. Mr. Rameshwar Pal Agrawal Fellow of Institution Retired I.A.S.
of Engineers

28. Justice Ashok Bhardwaj B.Sc., LLB Retd. Addl. District & Session Judge

29. Mr. Nirmal Singh B.A (Public Retired as Secretary to Government

Administration) of India with 40 years of varied
experience in adminstration. Over 20
years of experience in plicy
formulation, monitoring and
implementation of matters relating to
Industrial Development and energy
sector.
30 Mrs. Malini Bansal B.ED, M.ED, CAIIB Chief General Manager, GM,
Infrastructure Corporate Group.
Chaired the Western Zonal
Committee responsible for sanction
of credit proposals. Headed
Transaction Banking Vertical of the
Bank including Trade Finance, Cash
Management and Government
Business. Knowledge of company
law, SEBI regulations, functioning of
the Indian Capital Market
31 Mr. Rita Kumar M.A, P.G Diploma in Retired IAS, 32 years of services as a
International Trade Civil Servant in various Departments
of Delhi Government and Central
Government and 6 years with the
Economic Research & Management
Services Division of Minerals and
Metals Trading Corporation of India
and Industrial Development Services.
Post retirment actively involved in
Alternate Dispute Resolution.
Member of Arbitral Tribunal by ICA
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 Annexure 14.13

Sr. NAME QUALIFICATIONS PROFILE

No.
32. Mr. TCA Ranganathan M.A. (Economics), Former Chairman and Managing
Diploma in Corporate Director, Export-Import Bank of
Law, CAIIB (Part I & India (EXIM), Former Director on
II), Executive the Board of Export Credit Guarantee
Development Corporation of India Ltd.,
Programme from Agricultural Finance Corporation
Wharton School of Ltd., Small Farmers' Agri Business
Business, University Consortium.
of Pennslyvania,
Executive
Development
Programme from
Indian Institute of
Management,
Lucknow

CDSL – DP Operating Instructions – December 2024 Page 6 of 6

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 Annexure 16.1

Date :

To,

(Name of Depository Participant)

Dear Sir / Madam,

Sub: ❑ Subscription to CDSL’s internet-based service "easi " (electronic access

to securities information)
❑ Demat account no: ________________________________________

I am / We are registered for CDSL’s internet based services "easi ". As "easi " provides a facility
to view, print / download account statement and transaction details, I / we opt not to receive the
transaction statement, henceforth, in physical form.

I am / We are aware that you shall send us a ‘physical statement’ of account atleast once a
quarter.

However, if an account statement / transaction statement is required by me / us in physical form

at such additional intervals as specified by me, I / we agree to make payment of the necessary
fees / charges, if any, as may be specified by you from time to time.

Thanking you,

___________ _____________ ___________

First Holder Second Holder Third Holder

CDSL – DP Operating Instructions – December 2024 Page 1 of 1

Confidential
File Format of Transaction Statement Annexure – 16.2

DP Name
DP of Central Depository Services (India) Limited DP
DP Address LOGO
CDSL LOGO Contact details: Phone, Fax, Email, Website

TRANSACTION STATEMENT

DP ID: Client ID:

CM ID:

To,
BO Name
Address

STATEMENT OF ACCOUNT AS ON : DD-MM-YYYY

FOR THE PERIOD FROM : DD-MM-YYYY TO: DD-MM-YYYY

ISIN: (ISIN CODE) (ISIN NAME)

Transaction Counter
Settlement ID Credit Debit Current Balance
Date Particulars Settlement ID

ISIN: (ISIN CODE) (ISIN NAME)

Transaction Counter Current

Date Settlement ID Credit Debit
Particulars Settlement ID Balance

ISIN: (ISIN CODE) (ISIN NAME)

Transaction Counter
Date Settlement ID Credit Debit Current Balance
Particulars Settlement ID

CDSL – DP Operating Instructions – December 2024 Page 1 of 2

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File Format of Transaction Statement Annexure – 16.2

STATEMENT OF HOLDINGS

DPID: _________ Client ID: _____________

To,
BO NAME
ADDRESS

STATEMENT OF HOLDINGS AS ON : DD-MM-YYYY

FOR THE PERIOD FROM: DD-MM-YYYY TO: DD-MM-YYYY
ISIN SECURITY Current Bal. Safekeep Bal. Pledged Bal.
Frozen Flags Free Bal. Locked In Bal. Earmarked Bal.
Settlement ID Lent Bal. Avl Bal. Borrowed Bal.

~~ End of Statement ~~

For (DP NAME)

Authorised Signatory

Date And Time Of Report Generation : DAY MMM DD HH:MN:SS YYYY

CDSL – DP Operating Instructions – December 2024 Page 2 of 2

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Format of Request Letter from existing BO Deleted Annexure – 16.3

[Ref Communiqué no. CDSL/OPS/DP/POLCY/4305 dated March 12, 2014]

CDSL – DP Operating Instructions – December 2024 Page 1 of 1

Confidential
 Annexure – 17.1

Certificate from Statutory Auditors

This is to certify that the net worth of (DP Name) _____________________________________

as on (Date/Month/Year) as per the statement of computation of even date annexed to this
report is Rupees ____________________________ only.

It is further certified that the computation of net worth based on my / our scrutiny of the audited
books of accounts, records and documents is true and correct to the best of my/our knowledge
and as per information provided to my/our satisfaction.

Place: __________________
Date: __________________

for (Name of Statutory Auditor's Firm)

Name of Partner
Chartered Accountant
Membership Number

Note: This certificate shall be given on the letterhead of the Statutory Auditors' Firm.

CDSL – DP Operating Instructions – December 2024 Page 1 of 2

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 Annexure – 17.1

COMPUTATION OF NET WORTH

Sr. Current Year Previous Year

Particulars
No (Rs.) (Rs.)

1. Paid-up Capital + Free Reserves – Share Application

Money (Total Reserves less Revaluation Reserves and
Specified Reserves)
Less:
A Accumulated Losses
B Receivable (more than 6 months old)
C Receivable from Group Companies
D Intangible Assets
E Preliminary and Pre-operative expenses not written off
F Loan in excess of value of Pledged Securities
G Loan in excess of value of Pledged Assets
H Investment in Group Companies
I Loans and advances to group Companies
J Statutory Contingent Liabilities
2. Sub-Total
(A+B+C+D+E++F+G+H+I+J)

Available Net Worth (1-2)

Notes:

1. Details of item mentioned under Sr.No. C, , G, H, I, and J shall be provided as

annexure to the certificate.

2. In case of statutory contingent liabilities, only 50% of the liabilities shall be deducted.

3. Security-wise details of all investments (quoted as well as unquoted securities) shall be

provided as annexure to the certificate.



CDSL – DP Operating Instructions – December 2024 Page 2 of 2

Confidential
[on DP’s letterhead] Annexure – 17.2

Ref. No.:_______________ Date : ___ / ___ / ______

Central Depository Services India Limited

A Wing, 25th Floor, Marathon Futurex,
Mafatlal Mill Compounds,
N M Joshi Marg, Lower Parel (E)
Mumbai - 400013

Kind Attn: Vice President - Operations

Dear Sir / Madam,

Sub: Name, Signature and Email IDs of Compliance Officer and Authorized Signatories

Please note that [✓ Tick the relevant boxes]:

1. Given below are the names, signatures & email IDs of our new Compliance Officer and
new Authorized Signatories.

2. The information submitted to you earlier about the name, signature and email IDs of
Compliance Officer and Authorized Signatories hereby stands cancelled.

3. We, hereby, confirm that the “login ID” of the resigning/old Compliance Officer and
other employees who have left the organization have been deleted from the system.

4. Kindly include the following email IDs of DP staff to which communiqués may be sent.

Main DP ID/Branch DP ID (as applicable)

DP Name
Name of Compliance Officer
PAN Number of the DP
PAN Number of the Compliance Officer
Office Address of Compliance Officer

Tel no. (Office) Mobile no.

Fax no. (Office) E-mail ID (1) (Compliance Officer)
Email ID (2)
Email ID (3)
Email ID (4)
Email ID (5)
(If additional email IDs need to be added, please continue on a separate sheet, in the same format)

The authorized signatories mentioned hereunder are authorized to sign the documents including
requests for contingency terminal, uploads/ downloads, modifications of rights for main DP/
branch DP, etc. (any written communication sent by DP to CDSL) jointly / severally with the
Compliance Officer:

Name(s) of Authorized
Designation Signature(s)
Signatory(ies)
Compliance Officer

Confidential
CDSL – DP Operating Instructions – December 2024 Page 1 of 2
[on DP’s letterhead] Annexure – 17.2

DP seal Signature of Director

Confidential
CDSL – DP Operating Instructions – December 2024 Page 2 of 2
 INTERNAL AUDIT REPORT Annexure - 17.3
DETAILS OF BACK OFFICE CONNECTED BRANCHES

DP ID - DP NAME –

SERVICE NAME OF THE

SR. DATE OF DATE OF NAME OF THE CENTER
CENTER DP ID ADD1 ADD2 ADD3 CITY DISTRICT STATE COUNTRY PIN/ ZIP TEL 1 TEL 2 FAX E-MAIL ID CONTACT
NO. SET UP WITHDRAWAL PROVIDING SERVICE
CODE PERSON

CDSL – DP Operating Instructions –December 2024 Confidential 1 of 2

 INTERNAL AUDIT REPORT Annexure - 17.3
DETAILS OF BACK OFFICE CONNECTED BRANCHES

DP ID - DP NAME –

SERVICE NAME OF THE

SR. DATE OF DATE OF NAME OF THE CENTER
CENTER DP ID ADD1 ADD2 ADD3 CITY DISTRICT STATE COUNTRY PIN/ ZIP TEL 1 TEL 2 FAX E-MAIL ID CONTACT
NO. SET UP WITHDRAWAL PROVIDING SERVICE
CODE PERSON

Public

CDSL – DP Operating Instructions –December 2024 Confidential 2 of 2

 Annexure – 17.4

Format of BO Grievance Report ( To be submitted by the DP electronically only )

Audit Type = BO Grievance

Audit Month
=

DP Name (ID)
=
Attachments
=

Pending at No. of No. of

the cases cases No. of No. of
beginning RECEIV RESOLV cases cases
of the ED ED PENDING PENDING
month during during at the end for more
(No. of the the of the than 30
Sr. No. Nature of complaint cases) month month month days Reason for pendency as shown in column (E)
(A) (B) (C) (D) (E) (F)
I Account Opening Related
Denial in opening an
Ia account
Account opened in another
Ib name than as requested
Non receipt of Account
Ic Opening Kit
Delay in activation/
Id opening of account
Non Receipt of copy of
Rights & Obligations
document/ Schedule A of
Ie Charges

CDSL – DP Operating Instructions – December 2024 Page 1 of 4

Confidential
 Annexure – 17.4

Pending at No. of No. of

the cases cases No. of No. of
beginning RECEIV RESOLV cases cases
of the ED ED PENDING PENDING
month during during at the end for more
(No. of the the of the than 30
Sr. No. Nature of complaint cases) month month month days Reason for pendency as shown in column (E)
II Demat/Remat Related
Delay in Dematerialisation
II a request processing
Delay in Rematerialisation
II b request processing
Delay in/ Non-Receipt of
Original certificate after
II c demat rejection
Non Acceptance of
II d demat/remat request
Transaction Statement
III Related
Delay in/ Non-Receipt of
III a Statements from DP
Discrepancy in Transaction
III b statement
IV Improper Service Related
Insistence in Power of
IV a Attorney in its favour
Deactivation/ Freezing/
IV b Suspension related
IV c Defreezing related
IV d Transmission Related

CDSL – DP Operating Instructions – December 2024 Page 2 of 4

Confidential
 Annexure – 17.4

Pending at No. of No. of

the cases cases No. of No. of
beginning RECEIV RESOLV cases cases
of the ED ED PENDING PENDING
month during during at the end for more
(No. of the the of the than 30
Sr. No. Nature of complaint cases) month month month days Reason for pendency as shown in column (E)
IV e Pledge Related
IV f SMS Related
Non-updation of changes in
account (address/
signatories/ bank detail/
IV g PAN/ Nomination etc.)
V Charges Related
Va Wrong/ Excess Charges
Charges paid but not
Vb credited
Charges for Opening/
Vc closure of Account
Delivery Instruction
VI Related (DIS)
Non acceptance of DIS for
VI a transfer
Delay in/ Non Execution of
VI b DIS
Delay in Issuance /
VI c Reissuance of DIS Booklet
VII Account Closure
Non closure/ delay in
VII a closure of account
Sr. No. Nature of complaint Pending at No. of No. of No. of No. of Reason for pendency as shown in column (E)

CDSL – DP Operating Instructions – December 2024 Page 3 of 4

Confidential
 Annexure – 17.4

the cases cases cases cases

beginning RECEIV RESOLV PENDING PENDING
of the ED ED at the end for more
month during during of the than 30
(No. of the the month days
cases) month month
Closure of a/c without
VII b intimation by DP
Manipulation/
VIII Unauthorised Action
Unauthorised Transaction
VIII a in account
VIII b Manipulation
Unauthorised changes in
account (address/
signatories/ bank details/
VIII c PAN etc.)
VIII d Erroneous Transfer
IX Company / RTA related
IX a Action - Cash
IX b Action - Non-Cash
Initial Public Offer / Follow-
IX c on Public Offer Related
X Other

CDSL – DP Operating Instructions – December 2024 Page 4 of 4

Confidential
 Annexure - 17.5

DP ID:
Name of the DP:

Sr. No. Address of the Service centre Details of contact person

Name of Designation PAN of

Address Address Address Mobile e-mail
City PIN Code State contact of contact Tel no. Fax No. contact
1 2 3 No. address
person person person

1
2
3
4
5

Undertaking:
We hereby agree and undertake that we will immediately notify CDSL in case of any change in the information provided herein above.

For <Name of the DP >

Authorised Signatory
Designation
Date:
Place:

* Services offered: e.g. Acceptance of Account opening forms, KYC verification, Maker entry of account opening, Checker entry of account opening, Issue
of DIS, Acceptance of instructions, Maker entry of instructions, Checker entry of instructions, Verifier entry of instructions etc.

(Please note that comments in italics are for the purpose of guidance of the DP. The same should not be printed while submitting the information)

CDSL – DP Operating Instructions – December 2024 Confidential 1 of 2

 Annexure - 17.5

DP ID:
Name of the DP:

Services offered
Sr. No. Training details by the Service Additional Information, if the Service Centre is managed by a Franchisee
Centre*
Registration
numbers of the
Franchisee (i.e. Name of the
Name of the Training Name of the Regulatory
registered with Directors of the PAN of the Directors
trained person (CDSL/ BCCD) Franchisee authority
SEBI/ RBI or any Franchisee
other regulatory
authority)
1
2
3
4
5

Undertaking:
We hereby agree and undertake that we will immediately notify CDSL in case of any change in the information provided herein above.

For <Name of the DP >

Authorised Signatory
Designation
Date:
Place:

* Services offered: e.g. Acceptance of Account opening forms, KYC verification, Maker entry of account opening, Checker entry of account opening,
Issue of DIS, Acceptance of instructions, Maker entry of instructions, Checker entry of instructions, Verifier entry of instructions etc.

(Please note that comments in italics are for the purpose of guidance of the DP. The same should not be printed while submitting the information)

CDSL – DP Operating Instructions – December 2024 Confidential 2 of 2

[to be submitted on the letterhead of the DP] Annexure – 17.6

Ref. No. __________________ Date: _____________

Central Depository Services (India) Limited

A Wing, 25th Floor, Marathon Futurex,

Mafatlal Mill Compounds,
N M Joshi Marg, Lower Parel (E)
Mumbai - 400013

Dear Sir / Madam,

We seek CDSL’s approval for opening a new DP Service Centre. We enclose, herewith, requisite information
of the Service Centre [refer to Annexure-17.5].

We hereby undertake that:

a. The service centre has and will maintain adequate infrastructure commensurate with the type of
depository services being offered at the service centre.
b. The service centre has and will have at least one person who is depository trained and certified or
BCCD certified.
c. The Participant has and will maintain on record identification documents (including photo
identification) of all the persons engaged in DP operations at the service centre.
d. The service centre will have the name of the Main DP prominently displayed in the premises of the
service centre.
e. If such a service centre is managed by a franchisee, following additional confirmation to be
submitted by the DP :
• The service centre located at ________will be managed by the franchisee _________ (please
mention name of the franchisee entity) The franchisee is duly registered (with a valid
registration certificate) with a regulatory authority namely …. (the name of the regulatory
authority like recognized stock / commodity exchange, SEBI, RBI or IRDA etc. to be
mentioned).
• The DP will ensure that validity of the registration continues, otherwise the DP will terminate
the franchisee arrangement for DP operations with such entity. (It may be noted that if a
franchisee has submitted renewal application within the prescribed time limit and the
regulatory authority has not given any decision on the same till expiry of registration, the
arrangement can continue till such decision is obtained from such authority.)
• The DP has entered into an agreement with the franchisee covering services that can be
offered by the franchisee.

We request you to accord your prior approval for the same.

For <Name of the DP>

Authorised signatory
Designation

Date :
Place:

Confidential
CDSL – DP Operating Instructions – December 2024 Page 1 of 2
[to be submitted on the letterhead of the DP] Annexure – 17.6

Encl: as above

(Please note that comments in italics are for the purpose of guidance of the DP. The same should not
be printed while submitting the undertaking).

Confidential
CDSL – DP Operating Instructions – December 2024 Page 2 of 2
 Annexure – 17.7

MANAGING YOUR DEMAT ACCOUNT WITH CDSL

SIMPLE DOs and DON’Ts

1. Verify your transaction statement carefully for all debits and credits in your
account. In case of any unauthorized debit or credit, inform your DP or CDSL.
2. Intimate any change of address or change in bank account details to your DP
immediately.
3. While accepting the Delivery Instruction Slip (DIS) book from your DP, ensure that
your BO ID is pre-stamped on all the pages along with the serial numbers.
4. Keep your DIS book safely and do not sign or issue blank or incomplete DIS slips.
5. Strike out the empty space, if any, in the DIS, before submitting to DP.
6. For market transactions, submit the DIS ahead of the deadline time. DIS can be
issued with a future execution date.
7. The demat account has a nomination facility and it is advisable to appoint a
nominee to facilitate your heirs in obtaining the securities in your demat account,
on completion of the necessary procedures.
8. To open and operate your demat account, copy of PAN card of all account holders
is to be submitted to the DP along with original PAN card, for verification.
9. Register for CDSL’s SMART (SMS Alerts Related to Transactions) facility. If any
unauthorized debit is noticed, the BO should immediately inform CDSL and the
Main DP, in writing. An email may be sent to CDSL at [email protected].
10. Register for CDSL’s Internet based facility “easi” to monitor your demat account
yourself. Contact your DP or visit CDSL’s website: www.cdslindia.com for details.
11. In order to receive all the credits coming to your demat account automatically, you
can give a one-time, standing instruction to your DP.
12. Before granting Power of Attorney to anyone, to operate your demat account,
carefully examine the scope and implications of powers being granted.

CDSL – DP Operating Instructions – December 2024 Page 1 of 1

Confidential
 Annexure - 17.8

LIST OF DROP BOX CENTRES

DP ID - DP NAME –

Drop Box Centres (Please tick) - q SET UP q WITHDRAWAL

SR. DATE OF DATE OF NAME OF THE CENTRE ADDRESS ADDRESS ADDRESS

CITY DISTRICT STATE COUNTRY PIN / ZIP
NO. SET UP WITHDRAWAL PROVIDING SERVICE 1 2 3

Undertaking:
We hereby agree and undertake that we will immediately notify CDSL in case of any change in the information provided herein above.

For <Name of the DP >

Authorised Signatory
Designation
Date:
Place:
(Please note that comments in italics are for the purpose of guidance of the DP. The same should not be printed while submitting the information)

CDSL – DP Operating Instructions – December 2024 Confidential 1 of 1

 Annexure 17 .9a

[ref: Communiqué no. CDSL/OPS/DP/SYSTM/2018/408 dated August 03, 2018]

Confidential
CDSL – DP Operating Instructions – December 2024 Page 1 of 1
 Annexure 17.9b

[ref: Communiqué no. CDSL/OPS/DP/SYSTM/2018/408 dated August 03, 2018]

Confidential
CDSL – DP Operating Instructions – December 2024 Page 1 of 1
 Annexure 17 .9c

[ref: Communiqué no. CDSL/OPS/DP/SYSTM/2018/408 dated August 03, 2018]

Confidential
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 Annexure – 17.10

[ref: Communiqué no. CDSL/OPS/DP/SYSTM/2018/408 dated August 03, 2018]

CDSL – DP Operating Instructions – DecemberPu

2024 Page 1 of 1
Confidential
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 Annexure – 18.1

For conversion of existing Mutual Fund Units represented by

Statement of Account into electronic (Destatementized) form

Depository Participant Name / Address

(To be filled up by the Depository Participant)

DRF No. Date D D M M Y Y Y Y

(To be filled by the BO. Please fill all the details in BLOCK LETTERS in English. Fill up a separate DRF for different
combination of Names and for different RTAs).

I/We request you to convert (Destatementize) the enclosed Mutual Fund Statement of Account [SoA] registered in
my/our name into my/our demat account:
DP ID Client ID
Name of First Holder
Name of Second Holder
Name of Third Holder
➢ Total Number of pages contained in the Statement of Account: ________

Mutual Quantity Lock-in Details

Destatementization
Folio Fund Name In In
ISIN Expiry Request No. /DRN
No. & Units Figures Words Reason
Date (To be filled in by DP)
Description (or) All (or) All

➢ Attach an annexure (duly signed by account holder(s)) in the above format if the space is not sufficient.
➢ If all holdings in the Statement of Account are to be destatementized, then “ALL” should be mentioned in the
Quantity column.

Declaration by BO(s): I/We hereby declare that the abovementioned MF units are registered in my/our name(s)
and are not already destatementized and no certificates issued against these MF units. I/We also hereby declare that
the units requested by me/us for conversion into destatementized form are free from any lien or charge or
encumberance and represent the bonafide units of the Issuer to the best of my/our knowledge and belief.

First / Sole Holder Second Holder Third Holder

Name

Signature with DP

Signature with RTA

Depository Participant Authorization (From DP to RTA) We have received the above-mentioned Statement of
Account [SoA] for conversion into Destatementized form. It is also certified that the holder(s) of the SoA have a

Confidential
CDSL – DP Operating Instructions – December
Pu2024 Page 1 of 3
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 Annexure – 18.1

beneficial account with us in the same name(s) and order of name(s) as mentioned above.

Depository Participant Seal and Signature

Change of Distributor Code

I / We wish to update the distributor code and request the RTA to update the New Distributor Code as ARN-_____

________________________ & Sub distributor code as ____________ in my /our folio number(s) as given below.

Folio No. ISIN Scheme Name

Signature (s) :

First / Sole Holder Second Holder Third Holder

=========================(Please tear here)==== =======================
Acknowledgement Receipt

We hereby acknowledge the receipt of the following MF units requested for conversion (Destatementization) by
Mr./Mrs./Ms. _______________________________________ having BOID _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ with us.

Mutual Quantity Lock-in Details

Destatementization
Folio Fund Name In In
ISIN Expiry Request No. /DRN
No. & Units Figures Words Reason
Date (To be filled in by DP)
Description (or) All (or) All

➢ Total Number of pages contained in the Statement of Account: ________

Depository Participant Seal and Signature

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CDSL – DP Operating Instructions – December
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 Annexure – 18.1

Confidential
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 Annexure – 18.2

Rejection
Destatementization (Destat) Rejection Reason Codes
Code
11 Stop transfer
12 SoA not received with MF-DRF
13 Destat request initiated under wrong MF ISIN
14 MF units not admitted
15 Separate MF-DRFs required for separate RTA
16 Mismatch in the electronic and physical details
17 Documents not received within 30 days
18 Transposition-cum-Destatementizaton not allowed
19 Transmission-cum-Destatementization not allowed
21 Signature mismatch
22 Signature of 1st/2nd/3rd holder not present
23 Quantity received and DRF quantity mismatch
30 Incorrect Holder(s) name / pattern
32 DRF sent to incorrect Registrar
34 Court injunction pending
36 Allotment/Call payment receipt not attached
38 Rejected due to ACA
42 Investor requested for rejection & account closure
46 DRF not signed / stamped by DP
99 Others

Confidential
CDSL – DP Operating Instructions – December 2024 Page 1 of 1
 Annexure – 18.3

Mutual Fund Restatementization Request Form [MF-RRF]

Depository Participant Name / Address
(To be filled up by the Depository Participant)

RRN Date D D M M Y Y Y Y

RRF No. Date D D M M Y Y Y Y

(To be filled by the BO. Please fill all the details in BLOCK LETTERS in English. Fill up a separate RRF for different
combination of Names and for different RTAs).

I/We request you to convert (Restatementize) the Mutual Fund Units held in my/our demat account:
DP ID Client ID
Name of First Holder
Name of Second Holder
Name of Third Holder
ISIN Mutual Quantity Lock-in Details
Existing Restatementization
Fund Name In In
Folio, If Expiry Request No. /RRN
& Units Figures Words Reason
any Date (To be filled in by DP)
Description (or) All (or) All

➢ Attach an annexure (duly signed by account holder(s)) in the above format if the space is not sufficient.
➢ If all holdings in the demat account are to be restatementized, then “ALL” should be mentioned in the Quantity
column.

Declaration by BO(s): I/We hereby declare that the abovementioned MF units are registered in my/our name(s)
and are not already Restatementized and no Statement of Account issued against these MF units. I/We also hereby
declare that the units requested by me/us for conversion into Statement of Account form are free from any lien or
charge or encumbrance and represent the bonafide units of the Issuer to the best of my/our knowledge and belief.

First / Sole Holder Second Holder Third Holder

Name

Signature with DP

Signature with RTA

RRF Set up Date: Time:

Depository Participant Seal and Signature

=========================(Please tear here)==== =======================

Acknowledgement Receipt

We hereby acknowledge the receipt of the following MF units requested for conversion (Restatementization) by
Mr./Mrs./Ms. _______________________________________ having BOID _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ with us.

Mutual Quantity Lock-in Details

Existing Restatementization
Fund Name In In
Folio, If ISIN Expiry Request No. /RRN
& Units Figures Words Reason
any Date (To be filled in by DP)
Description (or) All (or) All

Depository Participant Seal and Signature

CDSL – DP Operating Instructions – Confidential

December 2024 Page 1 of 1
 Annexure – 18.4

REPURCHASE / REDEMPTION REQUEST FORM [RRF]

Participant Name
Depository Participant ID

RRN Date D D M M Y Y Y Y

RFN No. Date D D M M Y Y Y Y

I/We offer the below mentioned Mutual Fund (MF) units for repurchase / redemption and declare that my/our account
be debited “All” or the number of MF Units to the extent of my/ our repurchase / redemption request and proceeds
be paid to me/us cheque/ bank draft. I/We hereby declare that the below mentioned person(s) are the beneficial
owners of the MF Units mentioned.

Demat Account Number

Name of First / Sole Holder
Name of Second Holder
Name of Third Holder
No. of MF units to be Repurchased/Redeemed (in figures) or /“ALL” “Amount” (Rs)
in words
(integers
and
fractions)
Name of the security / scheme
Name of the issuing Company / AMC
Face Value
ISIN

If all holdings in the Demat account are to be redeemed / repurchased, then “ALL” should be mentioned in
the Quantity column.

Specimen Signature(s) Name Signature

First / Sole Holder ____________________________ ______________

Second Holder ____________________________ ______________

Third Holder ____________________________ ______________

Participant Authorization

Received the above mentioned MF Units for repurchase/ redemption from

Account No.
ISIN
Date D D M M Y Y Y Y
Name of First / Sole Holder

The application form is verified with the details of the beneficial owner’s account and certified that the application form is in
order. The account has sufficient balance to accept the repurchase/ redemption request. It is also certified that the beneficial
owner’s signatures are verified and found to be in order.

RFN Set up Date: Time:

Depository Participant’s Signature Seal Date

====================================================

Acknowledgement
Participants Name Address and ID

We hereby acknowledge the receipt of repurchase/ redemption request for ___________ no. of securities of
______________________ (security details) from _______________________________ (Name) holding a/c no.
___________

_______________________________ _____________________ ___________________

Depository Participant’s Signature Seal Date

Confidential
CDSL – DP Operating Instructions – December 2024 Page 1 of 1
 Annexure 19.1

FORM FOR RECORDING ENCUMBRANCES

CREATION / CANCELLATION FORM

Depository Participant Name /Address

Please fill all the details in Block Letters in English
Encumbrance No. Date D D M M Y Y Y Y
Type of Encumbrance Encumbrance CANCELLATION
NDU Lien
Encumbrance ID (System generated)
Other Encumbrance
Details of Other Encumbrance ______________________________
________________________________________________________
(tick whichever not
applicable)

I/We request you to create / cancel the Encumbrance & freeze / Unfreeze for debits the following securities in my
demat account. I/We have read and understood the SEBI directions in relation to encumbrance of securities and I/We
agree to abide by and be bound by the Act and directions as are in force from time to time for such encumbrances

BOID (i.e. account holder

creating NDU / Lien / Other
Encumbrance)
Account Holder Name 1.
2.
3.
Account Holder - Email ID
Account Holder (account holder ID
in whose favor encumbrance
/Lien/NDU is to be created)
Account Holder Name in whose 1. PAN
favor encumbrance /Lien/NDU is to 2. PAN
be created 3. PAN
Account Holder in whose favor
encumbrance /Lien/NDU is to be
created - Email ID
ISIN
ISIN Name
Details of Securities Free Securities:
Quantity to be frozen for debit:
NDU / Lien / encumbrance /
Remarks:
NDU /Lien / encumbrance - Collatera Collatera Collatera Margin Personal
Reason [tick mark whichever is l -Debt I l for loan l for loan Pledge/ use by
applicable] issuance by by the MTF for promoter
by Company Third exchang s and
Co/Grp.C /Group Party e trade PACs
o Co

PAN of the Ultimate Lender :

Unfreeze /Cancellation Date * D D M M Y Y Y Y

[*Note: Unfreeze will be effected after 2 clear business days]

Declaration from Account Holder :

I, hereby declare that I am associated with the Company whose securities are being frozen as Promoter ( ) / Company (
) / Not related ( )
(Tick wherever applicable)
Signature of Account Holder [s]
First Holder Second Holder Third Holder

CDSL – DP Operating Instructions – DecemberConfidential

2024
 Annexure 19.1

Declaration from Lender:

I, the lender hereby declare that I am associated with the Company whose securities are being frozen as Promoter ( ) /
Company ( ) / Not related ( )

Signature Account Holder [s] in whose favor encumbrance /Lien/NDU is to be created *

First Holder Second Holder Third Holder

DP to ensure that signatures of both parties are available to initiate action

Depository Participant Seal and Signature

CDSL – DP Operating Instructions – DecemberConfidential

2024