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Sebi has made it mandatory to collect all margins like VaR, ELM, Additional, Delivery etc from clients. In case of short collection penalty provisions are given and it is already implemented from 16th September 2020. Out of these margins, for VaR and ELM margin if minimum 20% upfront margin is collected then no penalty will be charged for this. Rest margins are required to be collected in full and if not collected penalty will be imposed.

Further Sebi issued guidelines to collect Peak margin also. For this Exchange will take 4 snap shots, randomly, in pre-defined time window. The member shall have to report the margin collected as at EOD and Peak margin, highest among 4 snapshoits, during the day. Both the margins, EOD and Peak, will be compared and higher will be considered for collection of margin in case of short collection and levying of penalty. From 1st October 2020 Peak margin collection reporting is started but no penalty is charged. From 1st December there will be requirement of collection of 25% peak margin and in case of short collection it will attract penalty. This will be increased gradually. From 1st March 2021 it will be 50%, from 1st June 2021 75% and from 1st September 2021 full peak margin ie 100% collection will be required.

Prevent Unauthorized Transactions in your demat and trading account --> Update your Mobile Number/Email id with your Depository Participant and Stock Broker. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat/trading account directly from CDSL and Stock Exchanges on the same day.........issued in the interest of investors...

1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.

2. Update your Mobile Number & Email Id with your Stock Broker/ Depository Participant and receive OTP directly from Depository on your Email Id and/ or Mobile Number to create pledge.

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

4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued by NSE vide. Circular No. NSE/INSP/45191 dated: July 31, 2020 and NSE/INSP/45534 and BSE vide Notice No. 20200731-7, dated: July 31, 2020 and 20200831- 45 dated: August 31, 2020 and dated: August 31, 2020 and other guidelines issued from time to time in this regard.

5. Check your Securities/ MF/ Bonds in the Consolidated Account Statement issued by NSDL/ CDSL every month.

"As per the directives of CDSL and esteemed Exchanges, it has been made mandatory for every client to furnish their latest KYC details viz. Valid Mobile No., Email- Id & Income range on or before 31.05.2021 else your Account will be marked as Non Compliant and will be Freezed till the compliance of such requirement."
REGISTRATION NOS:

INDIRA SECURITIES PVT.LTD. (SEBI REG.NO.):NSE TMID: 12866, BSE TMID: 663, CDSL DPID: 17000 SEBI REG. NO.: INZ000188930, MCX TM ID: 56470, NCDEX TM ID: 01277, CDSL REG. NO.: IN-DP-90-2015, CIN : U67120MH1996PTC160201
INDIRA COMMODITIES PVT. LTD. CIN : U65921MH1995PTC089399

DISCLAIMER:

"INVESTMENT IN SECURITIES MARKET ARE SUBJECT TO MARKET RISKS, READ ALL THE RELATED DOCUMENTS CAREFULLY BEFORE INVESTING."

INVESTORS GRIEVANCE

Jyoti Singh. Email: compliance@indiratrade.com. Call : 0731-4797275