Centrum Broking

In CDSL's endeavor towards making the Indian Securities Market - Transparent, Efficient, & Investor friendly by providing a safe, reliable, transparent, and trusted record-keeping platform for investors to hold and transfer securities in dematerialized form, the following are the simple Dos and Don'ts and best practices to be followed by the investors to protect themselves from fraudulent practices.

• 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.
• 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.
• Keep your DIS book safely and do not sign or issue blank or incomplete DIS slips.
• Strike out the empty space, if any, in the DIS, before submitting to DP.
• For market transactions, submit the DIS ahead of the deadline time. DIS can be issued with a future execution date.
• 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.
• To open and operate your Demat account, a copy of the PAN card of all account holders is to be submitted to the DP along with the original PAN card, for verification.
• 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 complaints@cdslindia.com.
• Register for CDSL's Internet-based facility "easi" to monitor your Demat account yourself: Login and Contact your DP or visit CDSL website
• In order to receive all the credits coming to your Demat account automatically, you can give a one-time, standing instruction to your DP.
• Before granting Power of Attorney to anyone, to operate your Demat account, carefully examine the scope and implications of the powers being granted.
• CDSL sends alerts to investors on their registered mobile number through SMS and e-mail for any modification done in their master details, debit in Demat account, pledge creation, change in nominee, etc.
• Pay attention to SMS's and emails regularly sent by CDSL. If you receive an SMS for a transaction not executed by you, inform your DP/CDSL immediately.
• Inform your DP of any change in your Personal Information (for example address or Bank Account details, email ID, Mobile number) linked to your Demat account in the prescribed format and obtain confirmation of updation in the system.
• Protect your login details and do not share login credentials with anyone. The password should be unique. Keep strong and complex passwords and change the password at regular intervals.
• Do not share the One Time Password (OTP) received from your DP/ CDSL. These are meant to be used by you only.
• Do not share login credentials of e-facilities provided by CDSL such as e-DIS, easiest, etc. with anyone else.
• Do not download any unknown application on your phone/device. The application may access your confidential data secretly.
• Exercise the option to freeze the Demat account if not being used for a long duration.
• Ensure that your holding and transaction statements are received periodically as instructed to your DP. You are entitled to receive a transaction statement every month if you have any transactions.
• Check your Demat account statement on receipt. In case you notice any unauthorized debits or credits, contact your DP for clarification. If not resolved, you may lodge your complaint by visiting CDSL website Post Your Grievances

This is regarding the NSE circular Ref No. NSE/IPO/53197 dated August 03, 2022, notifying the process for UPI-based bids related to the application in equity public issues.

As per the circular, the cut-off time for acceptance of the UPI mandate shall be up to 5.00 PM on IPO closure days.

Given the above, we request users to place their bids on a timely basis, allowing them sufficient time to authorize your UPI mandate before 5.00 PM on the IPO closure day.

The above changes are applicable to all the Equity Public Issues opening on or after September 01, 2022.

As per SEBI guidelines, Centrum Broking Limited needs to mandatorily settle any unutilized funds by transferring them to your bank account on a monthly/quarterly basis as opted by you.

With regard to the same, we would like to inform you that SEBI has revised the settlement timeline. W.ef. 01-Oct-2022, the mandatory settlement of any unutilized funds will take place only on the first Friday of every month (if you have chosen monthly settlement) or on the first Friday of October, January, April, and July (if you have opted for quarterly settlement).

Kindly note that if Friday is a trading holiday, such settlement shall happen on the previous trading day.

To know more about the revision in SEBI settlement dates, refer Circular