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Handling of Clients’ Securities by Trading Members/Clearing Members

 25 Sep 2019

Dear Valued Client,

This is with reference to the SEBI circular CIR/HO/MIRSD/DOP/CIR/P/2019/75 dated 20JUN2019, Regarding the handling of client`s securities by Trading Members / Clearing members. This is to inform you that, with effect from 01OCT2019, If there is an overdue debit balance in client’s trading account for more than T+5days from the date of purchase, the securities shall be squared off by RMS team without any pre-confirmation from the client. No further extension will be provided thereafter.

Hence, you are advised to clear the debit balance in your trading account within stipulated time T+5.

In case of any query, Please contact your designated Relationship Manager or your branch or our support team at 011-40345555 or write to us at support@gillbroking.com.

Regards…

Gill Broking Team

 

SEBI Circulars complete details available on below links:

Circular 1 - http://bit.ly/2mOqCcn

Circular 2 - http://bit.ly/2mSzRYU

 

ATTENTION INVESTORS:-

"Prevent Unauthorized Transactions in your Trading / Demat account --> Update your Mobile Numbers / email IDs with your Stock Brokers / Depository Participant. Receive alerts on your Registered Mobile / email IDs for trading account transactions and all debit and other important transactions in your demat account directly from Exchange / CDSL on the same day ......................Issued in the interest of Investors.

 "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise our bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."