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NATIONAL SECURITIES DEPOSITORY LIMITED

Participant Interface

Circular

Circular No. NSDL/POLICY/2009/0035
Date: May 7, 2009

Sub :  SMS Alert facility mandatory for depository accounts operated by Power of Attorney

All Participants are hereby informed that in the meeting held between SEBI, Depositories and Stock Exchanges on April 6, 2009, it was decided that SMS Alerts should be made mandatory for accounts operated by Power of Attorney (POA).

In view of the above, Participants are advised to note that with effect from June 1, 2009, SMS Alert facility will be mandatory with respect to:

• new depository accounts with POA and;

• existing depository accounts (in case the accountholders opt for POA in future).

The accountholders in above cases will have to provide the mobile numbers to the Participants and subscribe for SMS Alert facility. The Participants must ensure the same while opening new depository accounts with POA and taking on record POA for existing accounts. In case the accountholder does not have a mobile phone, he/she may provide mobile number of any person as per his / her discretion.

For any information/clarifications, Participants are requested to contact NSDL officials on telephone numbers (022) 2499 4488 / 4494 / 4214 / 4348 (email: participant-interface@nsdl.co.in).

For and on behalf of
National Securities Depository Limited

sd/-

Samar Banwat
Vice President