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NSDL appointed as Registrar for UID

National Securities Depository Limited (NSDL) has been appointed as a Registrar by Unique Identification Authority of India (UIDAI) for enrolling residents following the protocols, standards, processes and guidelines laid down by UIDAI.

NSDL's Participation in Golden Maharashtra - Mega Exhibition

Maharashtra Economic Development Council (MEDC), Government of Maharashtra and Maharashtra Tourism Development Corporation (MTDC) in association with MultiNet Worldwide celebrated the 50th year of Golden Maharashtra by hosting an exhibition at BKC Grounds, Bandra (E), Mumbai from April 28, 2011 to May 1, 2011. The Golden Maharashtra event was inaugurated on April 28, 2011 by His Excellency Shri K. Sankaranarayanan, Hon'ble Governor of Maharashtra. NSDL participated in the event by putting up a stall which showcased projects of NSDL like Depository, NPS, CRA, TIN, NSR, SEZ and UID. Over 100 different organisations from various industries including, finance, manufacturing, aviation, etc. also participated in the exhibition.

SEBI's Notification of the NISM - Series - VI: Depository Operations Certification Examination (DOCE)

SEBI has issued a notification dated March 29, 2011 regarding NISM-Series-VI: Depository Operations Certification Examination (DOCE) launched by National Institute of Securities Markets (NISM) which states that the associated persons engaged or employed by a registered depository participant in

• dealing or interacting with clients;
• dealing with securities of clients;
• handling redressal of investor grievances;
• internal control or risk management;
• activities having a bearing on operational risk, or
• maintenance of books and records pertaining to the above activities,

shall have certification from the National Institute of Securities Markets (NISM) by passing the NISM-Series-VI: Depository Operations Certification Examination (DOCE).

(Ref: Circular No. NSDL/POLICY/2011/0040 dated May 3, 2011)

Discontinuation of conversion of Mutual Fund Units represented by SoA into dematerialised form through AMC / RTA

Conversion of Mutual Fund Units represented by SoA into dematerialised form through Asset Management Company (AMC) / Registrar and Transfer Agent (RTA) for mutual fund ISINs (security type code '20') has been discontinued.

Further, the existing procedure for conversion of Mutual Fund units represented by SoA into dematerialised form - through AMC / RTA for ISINs (security type code '13') is also discontinued. Henceforth, conversion requests can be submitted only through Participants.

(Ref: Circular Nos. NSDL/POLICY/2010/0104 dated September 8, 2010 and NSDL/POLICY/2011/0039 dated April 29, 2011)

NCDO training / certification programmes for Participants

NSDL conducts training and certification programmes for Participants to increase the availability of trained personnel for depository operations. In April 2011, such programmes were conducted in Agra, Ahmedabad, Chandigarh, Chennai, Hyderabad, Jaipur, Kanpur, Kolhapur, Kolkata, Mangalore, Mumbai, New Delhi, Varanasi and Vizag. In all, 1,185 persons attended the training programmes conducted at these locations.

Subscription to SPEED-e

Two more Participants have subscribed to the SPEED-e facility

• Indbank Merchant Banking Services Limited (DP ID IN300597)
• Reliance Capital Limited (DP ID IN303132)

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 106.