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In May 2009, four Participants were made operational in NSDL. These are:

The above additions take the total number of operationalParticipants to 279 and the total number of DPM set-ups to 356.

In the meeting held between SEBI, Depositories and Stock Exchanges on April 6, 2009, it was decided that SMS Alertsshould be made mandatory for accounts operated by Power of Attorney (POA). Thus, w.e.f. June 1, 2009, SMS Alert facility is mandatory with respect to:

• new depository accounts with POA; and
• existing depository accounts (in case the accountholders opt for POA in future).

The existing accountholders whose accounts are operated by POA are required to provide the mobile numbers and subscribe for SMS Alert facility by October 31, 2009.

The accountholders in above cases will have to provide the mobile numbers to the Participants and subscribe for SMS Alert facility. In case the accountholder does not have a mobile phone, he/she may provide mobile number of any person as per his / her discretion.

SMS Alert facility will not be mandatory for the accounts held by non-individuals, NRIs and foreign nationals until further advice from SEBI as NSDL has referred the matter to SEBI.

This has been informed to Participants vide Circular Nos. NSDL/POLICY/2009/0035 dated May 7, 2009, NSDL/POLICY/2009/0039 dated May 14, 2009 and NSDL/POLICY/2009/0041 dated May 29, 2009.

SEBI has already permitted use of web camera for 'in-person' verifi cation (IPV) at the time of opening depository accounts at the branch/franchisee offi ces of the Participants subject to compliance with other SEBI guidelines/circulars relating to opening of depository accounts including verifi cation of documents. To facilitate the use of web camera for IPV for opening depository accounts, a few procedural changes have been made as follows:

• It will not be necessary to obtain the signature(s) of the applicant(s) on the IPV stamp (irrespective of whether IPV is done through web camera or otherwise).
• Accordingly, suitable changes have been made in the contents of IPV stamp. Participants can continue with the existing contents of the stamp and the space for affi xing signature(s) of the applicant(s) may remain blank.

Relevant changes in NSDL Master Circular No. NSDL/POLICY/2009/0029 dated April 16, 2009 for IPV for account opening are posted on NSDL website www.nsdl.co.in

This has been informed to Participants vide Circular No. NSDL/POLICY/2009/0038 dated May 13, 2009.

NSDL conducts NCDO oriented training programmes for staff of Participants to increase the availability of trained personnel for depository operations. In May 2009, such programmes were conducted in Ahmedabad, Pune, Lucknow, Guwahati, Meerut and Kochi.

Three more Participants have subscribed to the SPEED-e facility

• Bhargava Lodha Stock Brokers Private Limited (IN303606)
• Dayco Securities Private Ltd. (IN300263)
• Sam Global Securities Limited (IN303655)

Clients of the above mentioned Participants can now avail of the facility of submitting various instructions through SPEED-e facility.

This takes the total number of Participants who have subscribed to SPEED-e to 84.

Consequent to the change in name, Securities and Exchange Board of India has granted certifi cate of registration to the following as Participant of NSDL: