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For the purpose of deletion of POA holder name in the DPM system, Participants are required to obtain written request duly signed by the Client. Participants have been seeking clarification whether deletion of POA holder name in the DPM System can be carried out based on the instructions received from the POA holder. In this regard, Participants can also carry out changes for deletion of POA holder in the DPM System based on written request of the concerned POA holder. Further, deletion of POA in DPM system can also be effected based on the information received from POA holder about revocation of POA by Client.

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

(Ref: Circular No. NSDL/POLICY/2013/0054 dated April 10, 2013)

The following amendments to Business Rules of NSDL have been notified:.

• 1. "The Participant shall execute the request for closure into the DPM (DP) within 7 days from the date of receipt of request for closure. Provided that in case there are pending dematerialization requests or securities that cannot be transferred or rematerialized due to any restrictions such as lock-in securities or ISIN is frozen, the Participant shall execute the request for closure for the remaining securities, if any".
• 2. Annexure JA (Form for Nomination / Cancellation of Nomination) of Business Rules has been amended. Participants can continue to use their existing stock of Annexure JA till such time it is exhausted and would be required to print the amended Annexure JA thereafter.

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

(Ref: Circular No. NSDL/POLICY/2013/0055 dated April 15, 2013)

New Clause 18 pertaining to Force majeure has been inserted in Annexure B (agreement between the Participant and its Client) of the Bye Laws of NSDL and the existing Clause 18 is re-numbered as Clause 19. Participants have been advised as under:

• In case of existing Clients, intimate them about aforesaid Clause 18 (Such intimation can be sent to Clients via email or alongwith the next monthly/quarterly transaction statement).
• In case the Participant has stock of printed agreement between the Participant and the person seeking to open a depository account for new Clients, Participants may continue to use the existing stock till the stock is exhausted provided:
• a. Clients are made aware about the amendments at the time of account opening; and
• b. Written intimation is sent to Clients about the amendments after the account is opened.

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

(Ref: Circular No. NSDL/POLICY/2013/0050 dated April 4, 2013)

SEBI had vide circular No. CIR/MRD/DP/27/2012 dated November 1, 2012 (Ref: NSDL Circular no. NSDL/POLICY/2012/0125 dated November 2, 2012) informed procedure for change of name in Beneficial Owner (BO) account. In this regard, to facilitate Participants to change the name of Karta in the HUF account, the client modification facility has been enhanced to change the name of Karta in the HUF account opened under type/sub type as 'Resident-HUF'. All the other operating procedure while executing change of name of Karta in the HUF account will be same as per the operating procedure for change of name in the BO account.

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

(Ref: Circular No. NSDL/POLICY/2013/0056 dated April 16, 2013)

NSDL has informed all its Participants that Maverick Share Brokers Limited (DP ID IN303518) and AN Capital Markets Limited (DP ID IN303876), Participants of NSDL, have informed NSDL about their decision to discontinue depository operations.

(Ref: Circular Nos. NSDL/PI/2013/0955 dated April 29, 2013 and NSDL/PI/2013/0971 dated April 30, 2013)

During May 2013, one more Participant has subscribed to the SPEED-e facility viz.,

• Nakamichi Securities Limited (DP ID IN304004)

Clients of the above mentioned Participant 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 119.

• 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 April 2013, NSDL conducted four such training programmes at Ahmedabad, Mumbai and New Delhi which were attended by 69 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 April 2013, NSDL conducted two such training programmes at Mumbai and New Delhi which were attended by 10 officials nominated by various Participants.

• Investor Depository Meets (IDMs): NSDL interacts with investors throughout the country through a series of 'Investor Depository Meets'. These programs were organised to spread awareness amongst the accountholders and others about the new facilities introduced by NSDL, the safety features and precautions to be taken by accountholders while operating in the depository environment. During April 2013, NSDL organised eight IDMs in Bangalore & Mysore in Karnataka, Raipur & Bilaspur in Chhattisgarh and Pollachi, Gobichettipalayam & Coimbatore in Tamil Nadu which were attended by 480 investors.
• 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 five Joint Awareness Programme with SEBI & NSE in April 2013 at Tura in Meghalaya, Guwahati in Assam, Shillong in Meghalaya, Mayabunder in Andaman and Nicobar Islands and Itanagar in Arunachal Pradesh which were attended by 1,170 investors.
• 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 jointly with Quantum Global Securities Limited (DP ID IN303411).
• Corporate Awareness Programme (CAP): Corporate Awareness Programme (CAP) was conducted in Duliajan in Assam in April 2013 to educate employees and shareholders of Oil India Limited regarding benefits of dematerialisation. This training programme was attended by 24 officials of Oil India Limited.
• Training Programme organized by Institutions: In April 2013, NSDL conducted a training programme to educate students from M.L. Dahanukar College of Commerce, Mumbai regarding recent developments taking place in the NSDL Depository system and the various features available in the NSDL Depository system. This programme was attended by 100 students.