SEBI has informed about new measures with respect to its Investor grievance redress mechanism. Effective from August 1, 2018, following procedure shall be followed for filing and redressal of investor grievances using SCORES:
With effect from April 14, 2018, NSDL has enhanced its SMS Alert facility whereby clients will receive SMS alerts in respect of following events pertaining to instruction submitted for the purpose of acquisition of shares by the company pursuant to Tender-Offers through stock exchange mechanism:
Reference: NSDL Circular No. NSDL/POLICY/2018/0022 dated April 17, 2018, available on www.nsdl.co.in
To address the issues of the Clients/ investors to lodge grievances against a listed company/ intermediary registered with SEBI, w.e.f. July 1, 2018, Participants will provide link to SCORES portal on their website from where the clients view details of their demat account.
Reference: NSDL Circular No. NSDL/POLICY/2018/0024 dated April 23, 2018, available on NSDL website www.nsdl.co.in
NSDL has launched an online facility for demat account holders to update their Aadhaar number in their demat accounts. This facility is available at https://aadhaar.nsdl.com/AdhaarSeeding/
Reference: NSDL Circular No. NSDL/POLICY/2018/0015 dated March 14, 2018, available on NSDL website www.nsdl.co.in
Following Participant has been admitted as Participant of NSDL and made operational during April 2018 -
|Sr. No.||Depository Participant (DP) Name||DP ID||Location|
|1||Drishti Shares & Investments Private Limited||IN304238||New Delhi|
This takes the total number of Participants to 277 and the total number of operational DPM set-ups to 355.
During April 2018, one more Participant has subscribed to the SPEED-e facility namely
Clients of the above mentioned Participant can now avail the facility of submitting various instructions through SPEED-e facility.
This takes the total number of Participants which have subscribed to SPEED-e to 201.
To facilitate officials of Participants to prepare and appear for NISM-Series VI Depository Operations Certification Examination (DOCE), NSDL conducted four training programmes at Ahmedabad and Mumbai during March and April 2018.
NSDL, a NISM Accredited Continuing Professional Education (CPE) Provider offers CPE training programmes in different modules like Depository Operations, Mutual Fund, Currency Derivatives, Equity Derivatives, Securities Operations and Risk Management etc. for eligible associated persons. In March and April 2018, NSDL conducted 21 such training programmes at Ahmedabad, Chennai, Hyderabad, Indore, Kolkata, Mumbai and New Delhi.
NSDL conducted two training programmes on NSDL operations for staff of Issuers and Registrar & Transfer Agents at Mumbai & Chennai in March and April 2018.
In order to reach out to investors that are spread across the country to apprise them about the facilities available in NSDL depository system and educate them about financial markets, NSDL conducts various Programmes with Participants, Housing Societies, Institutions like SEBI, NSE, corporates etc. and also participates in various events. During March & April 2018, NSDL conducted / participated in 59 such programmes / events which were attended by more than 4,400 investors. Details are mentioned below:
|1||Joint Awareness Programmes with Participants||No. of Programmes|
|Stock Holding Corporation of India Limited||8|
|Kotak Securities Limited||4|
|ICICI Bank Limited||3|
|Acumen Capital Market (India) Limited||2|
|ASE Capital Markets Limited||2|
|CSE Capital Markets Private Limited||2|
|Nirmal Bang Securities Private Limited||2|
|Swastika Investmart Limited||2|
|Beeline Broking Limited||1|
|Jhaveri Securities Limited||1|
|KIFS Trade Capital Private Limited||1|
|Master Capital Services Limited||1|
|SBICAP Securities Limited||1|
|SMC Global Securities Limited||1|
|Vertex Securities Limited||1|
|2||Joint Awareness Programmes with other
|No. of Programmes|
|Securities and Exchange Board of India||8|
|3||Workshop for Colleges||No. of Programmes|
|‘Zeal’ event organized by Vidyavardhini’s College of
Engineering and Technology, Mumbai
|S. P. N. Doshi Women's College, Mumbai||1|
|4||Training Programmes for Participants||No. of Programmes|
|Oriental Bank of Commerce||2|
|The Saraswat Co-Operative Bank Limited||1|
|5||Participation at Events||No. of Programmes|
|The Economic Times Capital Market Summit 2018||1|