SANKALP SHARE BROKERS (P) LTD. MEMBERS : NATIONAL STOCK EXCHANGE OF INDIA LTD. BSE LIMITED CENTRAL DEPOSITORY SERVICES (INDIA) LIMITED

Transcription

1 SANKALP SHARE BROKERS (P) LTD. MEMBERS : NATIONAL STOCK EXCHANGE OF INDIA LTD. BSE LIMITED CENTRAL DEPOSITORY SERVICES (INDIA) LIMITED CLIENT REGISTRATION KIT CLIENT CODE CLIENT ID CLIENT NAME DATE OF OPENING OF ACCOUNT :

2 SANKALP SHARE BROKERS (P) LTD. S.NO. INDEX OF DOCUMENTS NAME OF THE DOCUMENT AND ITS BRIEF SIGNIFICANCE MANDATORY DOCUMENTS AS PRESCRIBED BY SEBI & EXCHANGES PAGE NOS. 1. Account Opening Form A. KYC form - Document captures the basic information about the constituent and an instruction/check list. ** B. Document captures the additional information about the constituent relevant to trading account and an instruction/check list. A1 - A5 2. Rights and Obligations B4 - B7 Document stating the Rights & Obligations of stock broker/trading member, subbroker and client for trading on exchanges (including additional rights & obligations in case of internet/wireless technology based trading). 3. Risk Disclosure Document (RDD) B8 - B10 Document detailing risks associated with dealing in the securities market. 4. Guidance note B11 Document detailing do s and don ts for trading on exchange, for the education of the investors. 5. Policies and Procedures A6 - A8 Document describing significant policies and procedures of the stock broker. 6. Tariff sheet A9 Document detailing the rate/amount of brokerage and other charges levied on the client for trading on the stock exchange(s). VOLUNTARY DOCUMENTS AS PROVIDED BY THE STOCK BROKER 7. Authority Letter for Running Account A10 The document deals with an option given to client to settle his obligations towards funds and securities on a running basis & settle the same at monthly/quarterly interval at his discretion. 8. Mandate to issue documents in Electronic format A11 The documents deals with the clauses relating to issue of Contract Notes, daily margin statement, quarterly statement in electronic format. 9. Consent Letter for E.mail and Mobile Alert Facility A12 As required under various Circulars of SEBI 10. Consent Letter For Receiving Alerts, Trading Calls, Research Reports etc. A13 The document deals with an option to receivealerts, Trading Calls, Research Reports etc Declaration by client in relation to PMLA, 2002 A14 The document deals with other additional voluntary information to be provided by the client in relation to prevention of Money Laundering Act, FORMATS (Indicative formats to be used by different types of clients to be given at the time of registration.) 12. Format of Declaration in case of HUF Account A15 - A Format of Board Resolution in case of Corporates A17 OTHERS 14. ANTI MONEY LAUNDERING/COMBATING FINANCING OF TERRORISM - LITERATURE B12 The document gives an overview of what is Money Laundering, its objectives, its effects on economy and society, and local regulations to fight money laundering. ** As per separate sheets

3 ACCOUNT OPENING KIT Name of Stock Broker / Trading Member : SANKALP SHARE BROKERS (P) LTD. SEBI Regn. Nos. and Date : - NSE - INB Dt INF Dt INE Dt BSE - INB Dt INF Dt INB Dt Registered Office Address : 671, Marshall House, 33/1, Netaji Subhas Road, Kolkata Phone : (4 lines), Telefax : (033) E.mail : info@sankalpcares.com, Website : CIN : U67120WB2004PTC Correspondence Office Address : 3rd Floor, Room No. 13, 14, Netaji Subhas Road, Kolkata Phone : (100 lines), Fax : (033) Name of Clearing Member (For NSE-F&O, NSE-Currency Derivatives & BSE-F&O Segments only) : EAST INDIA SECURITIES LTD. SEBI Regn. Nos. and Date :- NSE - INF Dt INE Dt BSE - INF Dt Registered & Correspondence Office address : 10/1D, Lal Bazar Street, Mercantile Bldg., 3rd Floor, Kolkata Phone : / 9347, Fax : (033) , E.mail : fao@eisec.com, Website : Name of Clearing Member (For BSE-Currency Derivatives Segment only) : SMC GLOBAL SECURITIES LTD. SEBI Regn. No. and Date : INB Dt Registered & Correspondence Office address : 11/6B, Shanti Chambers, Main Pusa Road, New Delhi Phone : (011) , / 1333, Fax : (011) E.mail : smc@smcindiaonline.com, Website : Compliance Officer Name, Phone No. & ID : Mr Rahul Kumar Prahladka, , compliance@sankalpcares.com CEO Name, Phone No. & ID : Mr Abhisek Prahladka, , chairman@sankalpcares.com For any grievance/dispute, please contact SANKALP SHARE BROKERS (P) LTD. at the above address or id : investors@sankalpcares.com and Phone No. : In case not satisfied with the response, please contact the concerned exchange(s) at ignse@nse.co.in and Phone No. (022) for NSE and at is@bseindia.com, Phone No. (022) for BSE. Disclosure of Proprietary trading pursuance to SEBI Circular No. : SEBI/MRD/SE/Cir-42/2003 dated 19th Nov., 2003, NSE Circular No. : NSE/INVG/PRE/2003/16 dated 25th Nov., 2003 and BSE Notice No dated 25 November, 2003: We, SANKALP SHARE BROKERS (P) LTD., are also engaged in Proprietary trading apart from Client based business.

4 TRADING ACCOUNT RELATED DETAILS - FOR INDIVIDUALS & NON-INDIVIDUALS BANK ACCOUNT(S) DETAILS First Bank Details Second Bank Details Bank Name Branch Address Bank A/c No. A/c Type Saving Current Saving Current Others-In case of NRI/NRE/NRO Others-In case of NRI/NRE/NRO MICR No. IFSC code DEPOSITORY ACCOUNT(S) DETAILS First Demat A/c Details Second Demat A/c Details Depository Participant Name Depository Name NSDL CDSL NSDL CDSL Beneficiary Name DP ID Beneficiary ID (BO ID) TRADING PREFERENCES - * Please sign in the relevant boxes where you wish to trade. The segment not chosen should be struck off by the client. Exchange Segment Signature 1. National Stock Exchange of India Ltd. - Cash - F&O - Currency Derivatives 2. BSE Limited - Cash - F&O - Currency Derivatives # If, in future, the client wants to trade on any new segment/new exchange, separate authorization/letter should be taken from the client by the stock broker. MANDATORY A1

5 OTHER DETAILS Gross Annual Income Details (please specify) Income Range per annum Below ` 1 Lac 1-5 Lac 5-10 Lac Lac 25 Lacs-1 crore > 1 crore Net-worth as on (date) (Net worth should not be older than 1 year) (dd/mm/yyyy) Occupation (Individuals) Private Sector Public Sector Government Service Business (Please tick any one Professional Agriculturist Retired Housewife Student and give brief details) Others Please tick, if applicable, for any of your authorized signatories / Promoters / Politically Exposed Person (PEP) Partners / Karta / Trustees / whole time directors Related to a Politically Exposed Person (PEP) PAST ACTIONS Details of any action / proceedings initiated / pending / taken by SEBI / Stock exchange / any other authority against the applicant / constituent or its Partners / promoters / whole time directors / authorized persons in charge of dealing in securities during the last 3 years DEALINGS THROUGH SUB-BROKERS AND OTHER STOCK BROKERS If client is dealing through the sub-broker, provide the following details Sub-broker s Name SEBI Regn. Number Regd. Off. Address Phone Fax Website Whether dealing with any other stock broker / sub-broker (if case dealing with multiple stock brokers /subbrokers, provide details of all) Name of stock broker Name of Sub-Broker, if any Client Code Exchange Details of disputes/dues pending from/to such stock broker/sub- broker ADDITIONAL DETAILS Whether you wish to receive physical contract note or Electronic Contract Note (ECN) (please specify), Specify your id, if applicable : Whether you wish to avail of the facility of internet trading / wireless technology (please specify) YES NO Number of years of Investment / Trading Experience In case of non-individuals, name, designation, PAN, UID, signature, residential address and As per Annexure photographs of persons authorized to deal in securities on behalf of company/firm/others MANDATORY A2

6 Any other information INTRODUCER DETAILS (optional) Name of the Introducer (Surname) (Name) (Middle Name) Status of the Introducer Sub-broker Remisier Authorized Person Existing Client Others, please specify Address and Phone No. of the Introducer Signature of the Introducer NOMINATION DETAILS (for individuals only) I/We wish to nominate I/We do not wish to nominate Name of the Nominee Relationship with the Nominee PAN of Nominee Date of Birth of Nominee Address and Phone No. of the Nominee If Nominee is a minor, details of guardian : Name of guardian Address and Phone No. of Guardian Signature of guardian WITNESSES (Only applicable in case the account holder has made nomination) First Witness Details Second Witness Details Name Signature Address DECLARATION 1. I/We hereby declare that the details furnished above are true and correct to the best of my/our knowledge and belief and I/we undertake to inform you of any changes therein, immediately. In case any of the above information is found to be false or untrue or misleading or misrepresenting, I am/we are aware that I/we may be held liable for it. MANDATORY A3

7 2. I/We confirm having read/been explained and understood the contents of the document on policy and procedures of the stock broker and the tariff sheet. 3. I/We further confirm having read and understood the contents of the Rights and Obligations document(s) and Risk Disclosure Document. I/We do hereby agree to be bound by such provisions as outlined in these documents. I/We have also been informed that the standard set of documents has been displayed for Information on stock broker s designated website, if any. Place : Date : Signature of Client/ (all) Authorized Signatory (ies) ANNEXURE DETAIL OF PROMOTERS / PARTNERS / KARTA / TRUSTEES AND WHOLE TIME DIRECTORS AND PERSONS AUTHORIZED TO DEAL IN SECURITIES ON BEHALF OF COMPANY / FIRM / OTHERS Particulars 1st 2nd 3rd Designation Name PAN DIN / UID Residential Address Photograph Please affix your recent passport size photograph and sign across it Please affix your recent passport size photograph and sign across it Please affix your recent passport size photograph and sign across it Use additional sheets, if necessary. MANDATORY A4

8 FOR OFFICE USE ONLY UCC Code allotted to the Client : Name of the Employee Employee Code Designation of the employee Date Signature Documents verified with Originals Client Interviewed By In-Person Verification done by I / We undertake that we have made the client aware of Policy and Procedures, tariff sheet and all the nonmandatory documents. I/We have also made the client aware of Rights and Obligations document (s), RDD and Guidance Note. I/We have given/sent him a copy of all the KYC documents. I/We undertake that any change in the Policy and Procedures, tariff sheet and all the non-mandatory documents would be duly intimated to the clients. I/We also undertake that any change in the Rights and Obligations and RDD would be made available on my/our website, if any, for the information of the clients. Signature of the Authorised Signatory Date : Seal/Stamp of the stock broker INSTRUCTIONS / CHECK LIST 1. Additional documents in case of trading in derivatives segments - illustrative list : Copy of ITR Acknowledgement Copy of Annual Accounts In case of salary income - Salary Slip, Copy of Form 16 Net worth certificate Copy of demat account holding statement Bank account statement for last 6 months Any other relevant documents substantiating Self declaration with relevant ownership of assets supporting documents *In respect of other clients, documents as per risk management policy of the stock broker need to be provided by the client from time to time. 2. Copy of cancelled cheque leaf / pass book / bank statement specifying name of the constituent, MICR Code or / and IFSC Code of the bank should be submitted. 3. Demat master or recent holding statement issued by DP bearing name of the client. 4. For individuals : a. Stock broker has an option of doing in-person verification through web camera at the branch office of the stock broker / sub-broker s office. b. In case of non-resident clients, employees at the stock broker s local office, overseas can do inperson verification. Further, considering the infeasibility of carrying out In-person verification of the non-resident clients by the stock broker s staff, attestation of KYC documents by Notary Public, Court, Magistrate, Judge, Local Banker, Indian Embassy / Consulate General in the country where the client resides may be permitted. 5. For non-individuals : a. Form need to be initialized by all the authorized signatories. b. Copy of Board Resolution or declaration (on the letterhead) naming the persons authorized to deal in securities on behalf of company / firm / others and their specimen signatures. MANDATORY A5

9 POLICIES & PROCEDURES Refusal of Orders for Penny Stock : SANKALP shall have absolute discretion to term a stock as PENNY. As per our policy, PENNY STOCK can be referred to as the stocks which are appearing in the list of illiquid securities issued by the Exchange every month and any other stocks which SANKALP might consider to be illiquid. Penny stocks are thinly traded shares of small companies which are traded infrequently and having very low volume. It may be difficulty to buy/sell penny stocks. SANKALP at its discretion can accept, refuse or partially accept any buy or sell order for execution from the client in respect of such script. SANKALP may allow restrictive acceptance of orders in such scripts and may demand appropriate declarations and additional margin from the client before accepting order of such stocks. SANKALP may cancel orders in such scripts received by the clients before execution or partial executions or place any other kind of restrictions on the trade on such scrips without assigning any reasons thereof to the client. SANKALP shall not be responsible for any consequential opportunity loss or financial loss that a client may incur from delay or non execution of orders in penny stock. Setting up Client's Exposure Limits : In Futures & Option & Currency Derivatives Segment, exposure limit of each client is set, based on Margin money given by the client after applying appropriate haircut and as per the Exchanges Regulations. Upfront margin is collected from client. In Capital Market Segment, We do not compulsorily collect upfront margin from clients, however Exposure limit which would be a multiple (ranging between 1 to 4 times) of the clear ledger balance plus value of the shares given as collateral computed after applying appropriate haircut. The exposure limit may be changed based on the volatility in the market and the quality of collateral. SANKALP may set different exposure limits varies for different clients depending upon the credit worthiness, integrity & past conduct of the client, the client agrees that SANKALP shall not be responsible for such variation, reduction or imposition or the client inability to route any order through SANKALP trading system on account of any such variation, reduction or imposition of limits. Applicable Brokerage Limit : The Brokerage Rate applicable to the clients vary from client to client depending on the category of the client i.e. HNI, Institutional, low, medium and high risk client. At the time of induction of a new client, the financial stability of the client is assessed/ measured and the expected volume is also determined and the brokerage is fixed with the mutual consent of the client. However the brokerage rate charged from the clients does not exceed the maximum brokerage specified by the Exchange. The brokerage slab of the client shall be reviewed at intervals after assessment of the amount and the quality of volume generated by the client as per his commitment the rates may be increased with prospective effect at 15 days notice send to the address or postal address of the client registered with SANKALP. Apart from Brokerages, the other charges such as STT charges, stamp duty charges, transaction charges levied by the exchanges, trade clearing charges, SEBI transaction charges, service tax or any other exchange related charges or statutory levies are to be paid by the client separately. Imposition of Penalty/Delayed Payment Charges by either party, specifying the rate and the period (This must not result in funding by the broker in contravention of the applicable laws) : As per regulation the client should pay his pay in obligation of funds on or before one day for the Exchange pay in day. We make the policy of charging penalty/delayed payment charges to discourage client in making late/delayed payment. As per our policy, Client will be liable to pay late pay in /delayed payment on a daily basis for the overdue amount for not making payment of their pay in obligations on time. The client agrees that SANKALP may impose fines/ penalties for any orders/trades/deals/actions of the client which are contrary to his agreement/rules/regulations/bye laws of the exchange or any other law for the time being in force, at such rates and in such form as it may deem fit. Further where SANKALP has to pay fine or bear any punishment from any authority in connection with/as a consequence of/in relation to any of the orders/trades/deals/actions of the client, the same shall be borne by the client. The right to sell client's securities or close client's positions, without giving notice to the client, on account of nonpayment of client dues (This shall be limited to the extent of settlement/margin obligation) : SANKALP shall be entitled to liquidate client's securities, both unpaid & paid securities as well as collaterals deposited towards margins or close out client's open position, without giving notice to the client for non-payment of margins or other MANDATORY A6

10 amounts including the pay-in obligation, outstanding debts etc and adjust the proceeds of such liquidation/close out, if any, against the clients liabilities/obligations. Any and all losses and financial charges on account of such liquidations/ closing out shall be charges to and borne by the client. In case the payment of the margin/security is made by the client through a bank instrument, SANKALP shall have absolute discretion to give the benefits/credit for the same only on the realization of clear proceed in SANKALP bank account. Where the margin/security is made available by way of securities or any other property, SANKALP is empowered to decline its acceptance as margin/security and /or accept it at such reduced value as SANKALP may deem fit by applying haircuts or by valuing it by making it to market. In cases of securities lying in margin account/client beneficiary account and having corporate actions like Bonus, Stock Split, Right issue etc. for margin or other purpose the benefit of shares due to received under Bonus, Stock split, Right issue etc will be given when the shares is actually received in the stock broker designated Demat account. The stock broker has the sole discretion to decide referred stipulated margin percentage depending upon the market conditions. In event of death or insolvency of the client, SANKALP may close out all outstanding positions of the client, adjusting the loss incurred on such closures with the margin deposited by the client and claim further shortfalls, if any, against the estate of the client. The successors or heirs of the client shall be entitled to any surpluses which may result there from. The above action is at the sole discretion of SANKALP and may vary from client to client. It shall not be under any obligations to undertake the exercise compulsorily. SANKALP shall therefore not be under any obligation to compensate or provide reasons of any omission or delay on its part to sell client's securities or close open positions of the client. Shortages in obligations arising out of internal netting of trades : If the seller of the security in the internal netting of trades has failed to deliver the security in the scheduled settlement number in the designated settlement account of the member, the seller has to deliver the security in the designated auction settlement for the scheduled settlement. However if the seller is unable to deliver the security as mentioned above. The securities delivered short are purchased from the market and the purchase consideration (Including all statutory taxes & levies) along with a penalty is debited to the short delivering seller client. In case the shares are not available for purchase for any reason then the shortage will be closed out at the highest closing price from trading day + 1 day( i.e. next trading day to actual trading) to trading + 2 (i.e. Auction date) will be considered. Currently, the penalty levied amounts to NSE clients charged a flat rate of Rs on value of purchase and BSE 1% on value of purchase consideration. Condition under which a client may not be allowed to take further position or the broker may close the existing position of a client : a) Client unable to meet his pay-in-obligation as per exchange requirement irrespective of the value of collateral's available. b) Long pending debit balance in the client's account. c) Dishonor of Cheque. d) Client dealing in illiquid stock as declared by SANKALP. e) Transaction which may appear to be suspicious in nature. f) Where based on the happening of an event, SANKALP has a risk perception that further trading in the contracts/ securities may not be in the interest of the clients and/or the market. g) Failing to provide sufficient margin as demanded by the member within the specified time. h) The dealer of the member is unable to ascertain the identity of the client. i) Taking further position would violate any circular, rules, regulations or by-laws of stock exchanges or SEBI either on account of Client-wise or broker wise limits. j) Existing position violates any circular, rules, regulations or bye-laws of stock exchanges or SEBI either on account of client wise or broker wise limits. k) In case sudden changes in margin requirement of Exchanges. MANDATORY A7

11 Temporarily suspending or closing a client's account at the client request : The account of the client shall be suspended / closed on receipt of written request from the client specifying the reasons to close the account or the member gets any information about the death or insolvency or the member has not found the client on the registered address or member has reasons to believe that continuing the client account is not in the bonafide interest of the member or exchanges or nation. If the reason given by the clients are justified then the account of that client is suspended after effecting the settlement of the account. For accounts suspended on client's request, the same can be reactivated only after receiving a written request from the client. Deregistering a client : Notwithstanding anything to the contrary stated in the agreement, the stock broker shall be entitled to terminate the agreement with immediate effect in any of the following circumstances: a) If the action of the client are prima facie illegal/improper or such as to manipulate the price of any securities or disturb the normal/proper functioning of the securities or disturb the normal/proper functioning of the market, either alone or in conjunction with others. b) If there is any commencement of a legal process against the client under any law in force. c) On the death/lunacy or other disability of the client. d) If the client being a partnership firm, has any steps taken by the client and/or its partners for dissolution of the partnership. e) If the client suffers any adverse material change in his/her/its financial position or defaults in any other agreement with stock broker. f) If there is reasonable apprehension that the client is unable to pay its debts or the client has admitted its inability to pay its debt as they become payable: g) if the client is in breach of any term, condition or convenient of this agreement. h) If the client ha made any material misrepresentation of facts, including (without limitation) in relation to the security. i) If a receiver, administrator or liquidator has been appointed or allowed to be appointed of all or any part of the undertaking of the client. j) If the client has voluntarily or compulsorily become the subject of proceedings under any bankruptcy or insolvency law or being a company, goes into liquidation or has a receiver appointed in respect of its assets or refers itself to the board for industrial and financial reconstruction or under any other law providing protection as a relief undertaking. k) If any convenient or warranty of the client is incorrect or untrue in any material respect. Inactive accounts : The account of a client who do not trade and remain inactive for eight consecutive calendar quarters reckoned from the end of the calendar quarters in which the client has traded shall be declared inactive account and will be temporarily suspended. The Member reserves the right to ask the client to furnish further additional details like his address, client code, phone number etc. The Member may ask the client to furnish margin along with proof of current address, bank account, demat account, financial status and respond to some queries too. The trade for the client is placed after all these things are satisfactorily done. I /We have fully understood the above mentioned Policies and procedures adopted by the broker and sing hereunder as token of our acceptance for the same Client acceptance of policies and procedures stated hereinabove I /We have fully understood the same and do hereby sign the same and agree not to call into question the validity, enforceability and applicability of any provision/clauses in this document under any circumstances whatsoever. These policies and procedures may be amended /changed by giving 15 days notice by the broker, provided the change is informed to me/us through any one or more means/methods. I/we agree never to challenge the same on any grounds including delayed receipt/non-receipt or any other reason whatsoever. These Policies and Procedures shall always be read along with the agreement and shall be compulsorily referred to while deciding any dispute/difference or claim between me/us and SANKALP before any court of law/judicial/adjudicating authority including arbitrator/mediator etc. MANDATORY A8 Signature of the Client

12 TARIFF SHEET BROKERAGE: I/we agree to pay Brokerage & other charges like STT Charges, Stamp Duty Charges, Transaction Charges levied by the exchanges, Trade Clearing Charges, SEBI Transaction Charges, Service Tax or any other exchange on transaction carried out by me/us to the stock broker, over and above the brokerage charged to me/us as mentioned below : BROKERAGE BROKERAGE % MINIMUM FLAT/LOT Service Tax, Stamp Duty, Exchange & SEBI Transaction Charges, STT Charges & Any Other Statutory Charges TRADE CLEARING CHARGES A. CASH MARKET SEGMENT As per concerned Authorities DELIVERY - do - SQUARE OFF. - do - B. EQUITY DERIVATIVES SEGMENT - do - FUTURES - do % OPTIONS (On premium) - do -.05% C. CURRENCY DERIVATIVES SEGMENT - do - FUTURES - do % OPTIONS (On premium) - do -.05% Notes : Minimum Processing Fees of ` 30/- per Script / Instrument will be charged, in case Recovered brokerage is less than ` 30/- per Script / Instrument. Signature of the Client MANDATORY A9

13 AUTHORITY LETTER FOR RUNNING ACCOUNT OF FUNDS AND SECURITIES Date : To SANKALP SHARE BROKERS (P) LTD. 671, Marshall House 33/1, Netaji Subhas Road Kolkata Dear Sir, 1. With reference to my/our trading account opened with you, I/we request you to maintain a running account for funds and securities on my/our behalf without settling the account on settlement of each transaction. I/We further request you to retain all amounts and securities receivable by me/us until specifically requested by me/us to be settled within one working day of request, if the same is lying with Sankalp Share Brokers (P) Ltd. & within 3 working days from the request if the same is lying with clearing member / clearing corporation. 2. I/we understand and agree that no interest will be payable to me/us on the funds or securities so retained with you. 3. I/we may be trading in derivatives segment & cash segment of various Exchanges and hence have various accounts with you. In this regard I/we hereby authorize Sankalp Share Brokers (P) Ltd. to act at its discretion of adjusting any credit balance under my/ our various accounts against the debit in any account across segments/exchange, without taking any further instruction from me/us. 4. I/we also confirm that the securities lying in my withhold A/c should be considered as margin deposit / collateral. 5. I/we authorize you to set off a part or whole of the margin deposited by me/us against any of my / our dues, by appropriating relevant amount of fund or by sale of securities which form part of margin. 6. I/we hereby authorize you to pledge my / our securities deposited as margin or withheld by you as permitted in the running account and to deposit my / our funds deposited as margin to Exchanges / Clearing Corporations towards margin. 7. I/we may revoke the authorisation at any time by giving a written notice. 8. I/we also agree that the actual settlement of fund and securities shall be done by us, at least once in a calendar quarter or month and the statement of account for the same will be provided to me by Sankalp Share Brokers (P) Ltd. Such periodic settlement of running a/c may not be necessary (a) for clients availing margin trading facility as per SEBI Circular, and (b) for funds received from clients towards collaterals / margin in form of BG / FD receipts. 9. I/we agree that fund given towards collaterals/margins in form of bank guarantee (BG) / Fixed Deposit Receipts (FDR) may not be periodically settled. 10. I/we agree that (a) in respect of derivatives market transactions, the Trading Member may retain the requisite securities / funds on settlement date to take care of any margin obligation arising in next 5 days, calculated in the manner specified by the Exchange, (b) in respect of cash market transactions, the Trading Member may retain entire pay-in obligation of funds & securities due from me / us as on the date of settlement and for next day s business, the Trading Member may retain funds / securities / margin to the extent of value of transactions executed on the day of such settlement. 11. I / we authorise you to retain an amount upto ` 10,000/- (consolidated amount across segments and across stock exchanges) for actual settlement of that respective traded quarter / month. 12. I/we agree/understand that there shall be no inter-client adjustment for the purpose of settlement of the running account. 13. I/we shall bring any dispute arising from the statement of account or settlement so made to the notice of the Trading Member preferably within 7 working days from the date of receipt of funds/securities or statement as the case may be. 14. For the clients having outstanding obligations on the settlement date, the Stock Broker may retain the requisite securities / funds towards such obligation and may also retain the fund expected to be required to meet margin obligation for next 5 trading days, calculated in the manner specified by the Exchanges. PREFERENCE OF CLIENT FOR SETTLEMENT OF RUNNING ACCOUNT (FUNDS & SECURITIES) Settlement Preferences Monthly Quarterly Thanking you, Yours truly, Signature of the Client VOLUNTARY A10

14 To SANKALP SHARE BROKERS (P) LTD. 671, Marshall House 33/1, Netaji Subhas Road Kolkata Dated : Sir, Re : Electronic Contract Note (ECN) This has reference to the facility of receiving contract notes and other documents in Electronic form issued by you in compliance with regulations and guidelines issued by SEBI and Stock Exchanges. I/We understand that ECN are valid legal contract notes as per Stock Exchange/ SEBI Rules and recognized under Income Tax Act, as well as other Acts in India. Therefore, the ECN shall be an accepted form of Contract Note to me/us and should be mailed to the following id(s) : Id (a) (Primary - compulsory) (b) (Alternate - optional) X Signature of Client X Signature of Client I/We wish to inform you that I/We would like to avail of this facility. In this regard we state the following: 1. This is to further confirm that it will be my/ our responsibility that my/our account is active and mail box is not full and the non-receipt of the bounced mail notification at your end shall amount to delivery of the ECN at my/our -id. 2. I/we undertake to check the ECNs and discrepancy if any shall be brought to your notice within 24 hours of the issuance of contract notes. 3. You are authorized to send me/us account statement / other documents / other notices/ correspondence periodically through the same channel. 4. I/we undertake that any change in my/our E.mail ID shall be communicated to you in writing through a physical letter. Kindly take the above into your record and oblige. Thanking you, Yours truly, Signature of Client Name : Note : We have created your Internet Back Office Login and Password. To access your Online Account, go to our website Click on link Online Accounts on the homepage. You will be prompted for your Login ID and password. Your Login ID is your Client Code and the 10 character password is your PAN Number by default. Kindly ensure that you change your password during your first login. VOLUNTARY A11

15 CONSENT LETTER FOR AND MOBILE ALERT FACILITIES To SANKALP SHARE BROKERS (P) LTD. 671, Marshall House 33/1, Netaji Subhas Road Kolkata Sir, Dated : This is with reference to my/our trading account opened with you; I/we request you arrange facility of receiving and/or mobile alert facility issued by Exchange in compliance with regulation and guidelines issued by concern authorities from time to time. Facility Service Required - YES NO ID Owned by - Name - PAN Number* Relationship with Client Signature of the Client SMS Facility Service Required - YES NO Mobile Number Owned by - Name - PAN Number* Relationship with Client Signature of the Client * Please specify the Name and PAN detail in case id and/or Mobile Number is other than that of the client. In this regards we state the following : 1. This is to further confirm that it will be my/our responsibility that my/our ID and/or Mobile Number are active and the relevant Inbox is not full. Further, the trading member will not be held liable for the mails and / or SMS alert not received. 2. I/we undertake that any change in my/our ID and/or Mobile Number shall be communicated to you in writing through a physical letter. 3. I/we agree that this authority shall be valid, until it is revoked by me/us at any time by giving a written notice to SANKALP SHARE BROKERS (P) LTD. Signature of Client VOLUNTARY A12

16 CONSENT LETTER FOR RECEIVING ALERTS, TRADING CALLS, RESEARCH REPORTS ETC. To SANKALP SHARE BROKERS (P) LTD. 671, Marshall House 33/1, Netaji Subhas Road Kolkata Sir, Dated : I/We hereby give my/our consent to give me/us Alerts, Research Calls, Reports, News, Live Updates or any other information on my E.mail ID given earlier for Electronic Communication and also on my Mobile No.. This shall not be treated as violation of any DND or any other similar rules applicable from time to time. The number may be given to the exchange database also. Further, I/We undertake to SSBPL and confirm to use my/our own judgement in taking a view and execute trade in the identified security(s) according to my/our financial strngth/capabilities and shall not hold SSBPL responsible for any loss suffered by me/us on account of executing or omitting to execute any trades in pursuance of such communication and/or investment advices sent by SSBPL. I/We further declare that the above mentioned statement is true and correct. Thanking you, Yours truly, Signature of Client VOLUNTARY A13

17 Voluntary information provided by the client in relation to the Prevention of Money Laundering Act, 2002 Name of the Client : If Business / Profession : Nature of business : Industry : Details of my/our Relatives, having account with SANKALP SHARE BROKERS (P) LTD. : Name Relationship UCC (Client Code) Details of the Corporate / Partnership Firm / Trust etc. where I/We am/are affiliated Name Entity Type Nature of Business Relationship UCC (Client Code) I/We hereby submit and agree to submit every year following documents to SANKALP SHARE BROKERS (P) LTD., before the due date as prescribed by SANKALP SHARE BROKERS (P) LTD.: 1. Profit and Loss Account & Capital Account 2. Balance Sheet 3. Self attested copy of Income Tax Return (If return not available, I/we will furnish Form 16) 4. Copy of Form 16 in case of Salary Income 5. Any other document providing financial details of the client I/We confirm that I/We will immediately inform SANKALP SHARE BROKERS (P) LTD. in case I/We am/are convicted under any grounds or any action is taken against me/us by any authority(ies). I/We intend to invest in the stock market with : Own Funds Borrowed Funds (If Borrowed Funds, then please specify below Sources of funds :) Sources of Borrowed Funds (if any) Amount (`) (Certificated / Opinion Report from the Banker / Financial Institution confirming that there has been no default in the client s account is to be attached, which I/We agree to attach herewith.) I/We hereby declare that I/We am/are beneficial owner of the Trading / On-line account opened with SANKALP SHARE BROKERS (P) LTD., and that I/We am/are investing my/our own funds with SANKALP SHARE BROKERS (P) LTD. Client Signature Client s Name For Office use only : Risk categorisation of client as per PMLA, 2002 : High Risk Medium Risk Low Risk Verified by : Authorised & Approved by : VOLUNTARY A14

18 DECLARATION BY KARTA & ALL CO-PARCENERS IN CASE OF HUF ACCOUNT To SANKALP SHARE BROKERS (P) LTD. 671, Marshall House 33/1, Netaji Subhas Road Kolkata A/c No. Dated : 1. WHEREAS the Hindu Undivided Family of (hereinafter referred to as the said joint family ) carrying on business in the firm name and style of at or elsewhere (hereinafter referred to as the said H.U.F. firm ) intend to deal, have or desire to have Trading Account with SANKALP SHARE BROKERS (P) LTD. (hereinafter referred to as Member ) we, the undersigned, hereby confirm and declare : (a) that we are the present adult co-parceners of the said joint family ; (b) that Shri is the present Karta of the said Joint Family; (c) that we are entitled to trade in shares and open Share Trading Account of the said Joint Family; (d) that each one of us has full and unrestricted authority to act on behalf of, and bind, the said H.U.F. Firm and all the present as well as future members, both adults and minors, of the said joint family, howsoever constituted from time to time. 2. We confirm that the affairs of the said joint family and the busines of the said H.U.F firm are carried on mainly by the Karta, the said Shri, on behalf and in the interest and for the benefit of all the co-parceners of the said joint family. We hereby authorise the Karta Shri, on behalf of the H.U.F., to deal on Capital Market Segment (CM), F&O Segment (F&O), Currency Derivatives Segment (CD) or any other Segment that may be introduced by NSE / BSE in future and the said Trading Member is hereby authorised to honour all instructions, oral or written, given by him on behalf of the H.U.F. Shri is authorised to sell, purchase, transfer, endorse, negotiate documents and / or other wise deal through SANKALP SHARE BROKERS (P) LTD. on behalf of the H.U.F.. He is also authorised to sign, execute and submit such applications, undertakings, agreements and other requisite documents, writings and deeds as may be deemed necessary or expedient to open account and give effect to this purpose. We are however jointly and severally responsible for all liabilities of the said H.U.F firm to the Member and agree and confirm that any claim due to Member from the said H.U.F firm shall be recoverable from the assets of any one or all of us and also from the estate of the said joint family including the interest thereon of every co-parcener of the said joint family, including the share of the minor coparceners, if any. 3. We undertake to advise the Member in writing of any change that may occur in the Kartaship or in the constitution of the said joint family or of the said H.U.F. firm and until receipt of such notice by the Member, the member will be entitled to regard each of us as a member of the said joint family and as a partner of the said H.U.F. firm and all acts, dealings and transactions purporting to have been done on behalf of the said joint family or of the said H.U.F. firm before the Member FORMAT A15

19 shall have received notice in the manner aforesaid, shall be binding on the said joint family and the said H.U.F. firm and on our respective estate. We shall, however, continue to be liable jointly and severally to the Member for all dues and obligations of the said H.U.F. firm in the Member s book on the date of the receipt of such notice by the Member and until all such dues and obligations shall have been liquidated and discharged. 4. We recognize that a beneficiary account can be opened with Depository Participant only in the name of Karta as per regulations. To facilitate the operation of the above share trading account with you and for the purpose of completing the share transfer obligations pursuant to the trading operations, we authorise you to recognize the beneficiary account no. with Depository opened in name of Shri who is the Karta of this H.U.F. 5. I agree that obligations for share purchase and / or sale by the H.U.F. will be handled and completed through transfers to / from the above mentioned account. I recognize and accept transfers made by you to the beneficiary account as completion of obligations by you in respect of trades executed in the above trading acount of the H.U.F. 6. The names and dates of birth of the present minor co-parceners of the said joint family are given below. We undertake to inform you in writing as and when each of the said members attains the age of majority and is authorized to act on behalf of, and bind the said H.U.F. Firm. Name of the Minor Father s Name Date of Birth 7. We have received and read a copy of the Member s rules and regulations for the conduct of Share Trading Accounts and we agree to comply with and be bound by the said rules now in force or any changes that may be made therein from time to time. Yours faithfully, (Signature of Karta) (Signature of Co-parcener) (Signature of Co-parcener) (Signature of Co-parcener) (Along with rubber stamp) Name Name Name Name FORMAT A16

20 FORMAT OF BOARD RESOLUTION IN CASE OF CORPORATES CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS OF Ltd. AND HAVING ITS REGISTERED OFFICE AT HELD ON DAY OF 200 AT A.M./P.M RESOLVED THAT the Company be registered as Client with Sankalp Share Brokers (P) Ltd., Member of The National Stock Exchange of India Ltd. (NSE) and BSE Limited (BSE) for the purpose of dealing in Capital Market Segment, F&O Segment, Currency Derivatives Segment or any other segment and the said Member be and is hereby authorised to honour instruction oral or written, given on behalf of the Company by any of the under noted authorised signatories :- Sl. No. Name Designation who are authorised to sell, purchase, transfer, endorse, negotiate and/or otherwise deal with/through deal through Sankalp Share Brokers (P) Ltd. on behalf of the Company. RESOLVED FURTHER THAT Mr. and/or Mr. Directors and / or Mr. Authorised Signatory of the Company be and are hereby authorised to sign, execute and submit such applications, undertakings, agreements and other requisite documents, writings and deeds as may deemed necessary or expedient to open account and give effect to this resolution. AND RESOVED FURTHER THAT, the Common Seal of the Company be affixed, wherever necessary, in the presence of any Directors or of any one Director and Company Secretary, who shall sign the same in token of their presence. For Ltd. Chairman/Company Seceratary Specimen Signatures of the Authorised Persons Sl. No. Name Specimen Signatures 1. x 2. x 3. x The above signatures to be attested by the persons signing the resolution for account opening on behalf of the Company. FORMAT A17

21 Dated : From : To SANKALP SHARE BROKERS (P) LTD. 671, Marshall House 33/1, Netaji Subhas Road Kolkata Dear Sir, Ref. : Acknowledgement for the receipt of documents This is to acknowledge the receipt of a copy of the duly executed following documents viz., 1. Copy of KYC Form 2. Copy of Rights and Obligations of stock broker, sub-broker and client 3. Copy of Risk Disclosure Document 4. Copy of Guidance Note 5. Copy of Policies & Procedures 6. Copy of Tariff / Brokerage Charge Sheet 7. Copy of any other document executed by me as a client I/we hereby declare that I/We have full intimation of the Unique Client Code allotted to me/us. The id for the purpose of receiving electronic contract notes and other details provided by me/us has been confirmed by SANKALP SHARE BROKERS (P) LTD. through their KYC. Yours truly, Signature of the Client Client Code

22 SANKALP SHARE BROKERS (P) LTD. Regd. Office : 671, Marshall House, 33/1, Netaji Subhas Road, Kolkata Phone : (4 lines), Telefax : (033) , E.mail : info@sankalpcares.com Website : CIN : U67120WB2004PTC Dealing Office : 3rd Floor, Room No. 13, 14, Netaji Subhas Road, Kolkata Phone : (100 lines), Fax : (033) SEBI Regn. No. : IN-DP-CDSL DP ID : ID for Investor Complaint : investors@sankalpcares.com (To be filled by the Depository Participant) 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 For SANKALP SHARE BROKERS (P) LTD. Seal and Signature Authorised Signatory Acknowledgement Receipt Received Nomination Form from : DP ID Client ID Name Address Nomination in favour of No Nomination Does not wish to nominate Registration No. Registered on D D M M Y Y Y Y For SANKALP SHARE BROKERS (P) LTD. Seal and Signature Authorised Signatory 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 For SANKALP SHARE BROKERS (P) LTD. Seal and Signature Authorised Signatory

23 ADDITIONAL KYC FORM FOR OPENING A DEMAT ACCOUNT (FOR INDIVIDUALS) SANKALP SHARE BROKERS (P) LTD. Regd. Office : 671, Marshall House, 33/1, Netaji Subhas Road, Kolkata Phone : (4 lines), Telefax : (033) , E.mail : info@sankalpcares.com Website : CIN : U67120WB2004PTC Dealing Office : 3rd Floor, Room No. 13, 14, Netaji Subhas Road, Kolkata Phone : (100 lines), Fax : (033) SEBI Regn. No. : IN-DP-CDSL 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 the following details: - Holders Details Sole/ First Holder s Name PAN UID Second Holder s Name PAN UID Third Holder s Name PAN 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) 1

24 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 Requirement As per SEBI Regulation Daily Weekly Fortnightly Monthly I / We request you to send Electronic Transaction-cum-Holding Statement at the ID Yes No I/ We would like to share the 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 Account Type Saving Current Others (specify) Bank Name Branch Name Bank Branch Address City Country (i) 2 State PIN code 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 Details Income Range per annum Upto ` 1 Lac ` 1 Lac to ` 5 Lac ` 5 Lac to ` 10 Lac ` 10 Lac to ` 25 Lac More than 25 Lacs Net-worth as on (Date) D D M M Y Y Y Y ` (Net worth should not be older than 1 year) Occupation Private / Public Sector Govt. Service Business Professional Agriculture Retired Housewife Student Others