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Upon opening of a depository account, Participants are required to provide information such as Client Master Report alongwith a copy of the Agreement including charge structure to the Client. Participants can now provide such information to the Client at the email address recorded in the depository system.

Further details about this circular are posted on NSDL website www.nsdl.co.in.

(Ref: Circular No. NSDL/POLICY/2013/0031 dated February 22, 2013)

SEBI had vide Circular No. CIR/MRD/DP/27/2012 dated November 1, 2012 informed that an individual BO may be allowed to change his/her name, subject to the submission of specified documents. In this context, for effecting change in name in the depository account of an individual BO, a request letter duly signed by the holder, whose name is changing alongwith self attested copies of the specified document(s) needs to be submitted to the Participant.

Further details about this circular are posted on NSDL website www.nsdl.co.in.

(Ref: Circular Nos. NSDL/POLICY/2012/0125 dated November 2, 2012 and NSDL/POLICY/2013/0033 dated February 27, 2013)

In accordance with SEBI guidelines, the frequency of providing transaction statements by Participants to Clients has been relaxed. Now, the Participants are required to provide the transaction statements to their Clients on annual basis (instead of quarterly) if there is no transaction in the account. However, in case there are transactions in the account, the requirement of providing transaction statements at monthly intervals remains unchanged.

Further details about this circular are posted on NSDL website www.nsdl.co.in.

(Ref: Circular No. NSDL/POLICY/2013/0034 dated February 27, 2013)

• NCDO/NISM training / certification programmes for Participants

NSDL has made arrangements with NISM to facilitate staff of Participants to get certified for NISM-Series VI Depository Operations Certification Examination (DOCE) as per SEBI requirements. A training programme is conducted by NSDL for Participant's staff followed by NISM-Series VI-DOCE online test conducted by NISM. In February 2013, NSDL conducted five such training programmes at Kolkata, Mumbai and New Delhi which were attended by 250 officials nominated by various Participants.

• CPE Training Programme for Participants

NSDL, an approved NISM Accreditated Continuing Professional Education (CPE) Provider offers CPE programmes for associated persons of market intermediaries who are holding one of the valid certificates such as NCFM (NSE's Certification in Financial Markets), NCDO (NSDL's Certification in Depository Operations), BCCD (BSE's Certification on Central Depository), Certificate on completion of CDSL's DP training programme on Central Depository Services (India) Limited & NISM Series VI- Depository Operations Certification Examination (DOCE). In February 2013, NSDL conducted four such training programmes at Chennai, Mumbai and New Delhi which were attended by 70 officials nominated by various Participants.

• Rajiv Gandhi Equity Savings Scheme (RGESS) Training Programme for Participants

Rajiv Gandhi Equity Savings Scheme, 2012 (RGESS), is a tax saving scheme announced in the Union Budget 2012-13. The scheme is designed exclusively for the first time retail individual investors in securities market, whose gross total income for the year is less than or equal to Rs.10 lakh*. The investor would get tax benefit (i.e. deduction) upto Rs.25,000 under Section 80CCG of the Income Tax Act, a 50% deduction of the amount so invested, up to a maximum investment of Rs.50,000, from his/her taxable income for that financial year*. In February 2013, NSDL conducted four such training programmes at Mumbai which were attended by 92 officials nominated by various Participants.
* In the Union Budget 2013-14, the limit of gross total income for the year is proposed to be increased from Rs.10 lakh to Rs.12 lakh w.e.f. April 1, 2013.

• Joint Awareness Programme for RGESS :

To promote "Rajiv Gandhi Equity Savings Scheme" (RGESS) introduced for the 'new retail investors' & to spread awareness about RGESS in the securities market, NSDL conducted Investor Awareness Programme for targeted groups which were attended by 205 persons.

• Joint Awareness Programmes with Securities and Exchange Board of India (SEBI) & National Stock Exchange of India Limited (NSE) :

In order to reach out to investors that are spread across the country and to apprise them about the facilities available in NSDL depository system, NSDL conducted Joint Awareness Programmes with SEBI & NSE in February 2013 & March 2013 at Jamshedpur and Port Blair which were attended by 675 persons.

• Joint Awareness Programmes with Institutions :

In order to reach out to investors that are spread across the country and to apprise them about the facilities available in NSDL depository system, NSDL conducted Joint Awareness Programme with Maharashtra Seva Sangh in March 2013 at Mumbai which was attended by 140 persons.

• Participation in events conducted by Institutions :

In February 2013, NSDL participated in 'Finance Fair" event organised by Maharashtra Seva Sangh at Mumbai which was attended by 256 persons. Various aspects on Financial Markets were addressed to investors attending this event.

• Stock Clinic Programme with Participant :

To spread awareness about Depository related services & the new features introduced in NSDL Depository system, NSDL conducted Stock Clinic Programme with Bank of India to educate employees and investors regarding benefits of dematerialization. In February 2013, NSDL conducted one such training programme in Pune which was attended by 25 persons.

• Training Programme for Colleges :

Investor Awareness Programmes were conducted in educational institutes like Brihan Maharashtra College of Commerce (BMCC) - Pune, H.R. College of Commerce and Economics - Mumbai & Shri Ram College of Commerce - Delhi to educate students regarding depository related services. In February 2013, NSDL conducted three such training programmes in Delhi, Mumbai & Pune which were attended by 723 persons.