As per SEBI guidelines, w.e.f 30-Dec-23, all the off-market transactions will be executed only if the Buyer’s Demat Account is added as the beneficia…

As per SEBI guidelines, w.e.f 30-Dec-23, all the off-market transactions will be executed only if the Buyer’s Demat Account is added as the beneficiary under the Seller’s Demat Account. 

Here is an online method a seller can register a buyer’s account as a beneficiary:

a. Login to your Easi/Easiest Account

b. Initiate registration using the below steps:

  • Step 1: Log in to CDSL Easiest page (https://web.cdslindia.com/myeasitoken/Home/Login)
  • Step 2: You must register for Easiest to add the Buyer beneficiary demat account.
  • Step 3: Enter username & password.
  • Step 4: Go to Transaction -> Click on BO Linking -> BO Linking setup
  • Step 5: Add the respective Buyer Beneficiary demat account and PAN details and click on submit.
  • Step 6: You will now receive an option to either ‘OTP Authentication’ or ‘Cancel’ the registration
  • Step 7: If you select ‘OTP Authentication,’ you will receive an OTP on your registered mobile number and email address
  • Step 8: Enter the OTP, and the registration will be complete
  • Step 9: Angel One will approve your request within the stipulated time.
  • Step 10: After Angel One and CDSL approval, you can execute the off-market/inter-depository transaction.
  • Step 11: Now, verify the buyer details displayed on the screen.
  • Refer: CDSL Circular

    In today’s era, privacy and security are everything, and having control over your personal details is of utmost importance. So, whether you have chan…

    In today’s era, privacy and security are everything, and having control over your personal details is of utmost importance. So, whether you have changed your phone number and email address or want to modify nominee details, forget the hassle of reaching out to customer queries to update them, as we offer everything you need at your fingertips. 

    We have put together a list of DIY (Do-it-yourself) processes that will walk you through our app to make these modifications quick and hassle-free. 

  • Nominee Modification
  • Secure your family’s future in case of an unfortunate event by keeping your nominee details updated. Click here to know the detailed process. 

  • Mobile Number Modification
  • To ensure we can reach out to you at all times, keep your phone number updated using these steps

  • Email Modification
  • Switched to a new email address? Here’s how to update it

  • Bank Modification
  • If you have opened a new bank account, follow these steps to modify your bank account details. 

  • Segment Activation
  • Wish to trade in Commodities or Currencies Segment? Click here to learn how to activate the same.

    MCX and NCDEX Session on 01-Jan

    There will be no second session of trading at MCX and NCDEX on 01-Jan-2024. Subsequently, intraday timer-based positions will be squared off at 4:45p…

    There will be no second session of trading at MCX and NCDEX on 01-Jan-2024. Subsequently, intraday timer-based positions will be squared off at 4:45pm on that day for the MCX segment.

    Timer-based square off for 01-Jan-2024
    MCX Intraday4:45pm

    Refer: MCX Circular | NCDEX Circular

    As per a recent circular, the name and symbol of Kilpest India Ltd. (Scrip code: 532067) will be changed as follows w.e.f 02-Jan-24. Existing Sy…

    As per a recent circular, the name and symbol of Kilpest India Ltd. (Scrip code: 532067) will be changed as follows w.e.f 02-Jan-24.

    Existing Symbol New Symbol Existing Name of the CompanyNew Name of the  Company
    KILPEST3BBLACKBIOKilpest India Ltd.3B BlackBio Dx Ltd.

    Refer: BSE Circular 

    Stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to i…

    Stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to its existing shareholders.

    As per a recent BSE circular, 1 equity share of Indian Link Chain Manufacturers Ltd. (Scrip Code: 504746) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Indian Link Chain Manufacturers Ltd.INLCM1:1003-Jan03-Jan

    Refer: BSE Circular 

    A bonus Issue is one of the corporate actions where a company issues bonus shares as new or additional shares, free of cost and in proportion to the …

    A bonus Issue is one of the corporate actions where a company issues bonus shares as new or additional shares, free of cost and in proportion to the shares held by the shareholder.

    As per the recent BSE circular, Allcargo Logistics Ltd. (Scrip Code: 532749) is issuing 3 bonus shares for every 1 existing share. The key dates for the Bonus Issue are as follows:

    Company NameSymbolRecord dateEx-Bonus basis from Date 
    Allcargo Logistics Ltd.ALLCARGO02-Jan02-Jan

    Refer: BSE Circular

    New features on the NXT platform MF Pledge approved list in NXT - The approved list of MFs is made available to the APs in the pledge option wit…

    New features on the NXT platform

  • MF Pledge approved list in NXT - The approved list of MFs is made available to the APs in the pledge option with the launch of MF Pledging choices, giving the APs clarity on why certain MFs in the portfolio are not available for pledging. Navigation Path: OCV>Pledge/Unpledge>MF Approved Pledge List
  • Multiple Non-Admin Logins - You can now create multiple non-admin logins and all clients mapped under you can be accessed by non-admin login. Non-admins can access all the client details and manage their employees. Navigation Path: My Business>User Management>My Employees>Promote
  • Contact Detail Updation Flow for APs- As per exchange guidelines, APs can modify mobile numbers and email IDs by downloading the form to update by signing it. After thorough scrutiny from the operations team, updation will be completed. Navigation Path: NXT>My Profile 
  • Client Onboarding Checklist - The Client Onboarding Checklist feature provides a streamlined process for managing and communicating action items to new clients. Also, it allows APs to track a checklist of essential actions, they need to communicate to new clients, add notes, and set reminders ensuring a smooth onboarding experience. Navigation Path: Sales>Mis>Welcome Clients 
  • SEBI Upcoming Payout & Actual Payout on OCV- The Discussion Agenda in One Client view is now enhanced to support Upcoming Payout & Actual Payout. Now, APs can connect with their clients and make them invest their ledger balance if there is any amount in upcoming payout and if there is actual payment marked. Also, APs can suggest some good investment opportunities to get those funds back into the system again. Navigation Path: OCV>Discussion Agenda> Upcoming SEBI Payout and Actual SEBI Payout
  • Enhanced features on the NXT platform

  • Stock SIP MIS - APs can access the client list who have enrolled in Stock SIPs and the client-wise stock SIP details. Navigation Path:  Wealth product>Stock Sip
  • Financial Calendar for Client Statements - APs can share different client statements for their clients from the NXT platform by selecting client code, statements for predefined financial years, and date range to share the desired client statement. Navigation Path: Reports>Statement
  • Client Transfer Process Enhancements: Predefined financial years and custom date range is added as follows:
  • 1. To improve visibility, four columns have been added: Existing Branch, Existing Partner, Subtype (Traded and Non-Traded) (transfer quota dependent on this criterion), and Authorization Date. Navigation Path: Utilities>NOC Request> Incoming client request

    2. The Client transfer feature is enhanced to include the delivery logs. As client transfer is a time-bound activity, the APs wanted to get the delivery status and the logs to inform their clients on time. Navigation Path: Utilities>NOC>Delivery logs

    A bonus Issue is one of the corporate actions where a company issues bonus shares as new or additional shares, free of cost and in proportion to the …

    A bonus Issue is one of the corporate actions where a company issues bonus shares as new or additional shares, free of cost and in proportion to the shares held by the shareholder.

    A stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to its existing shareholders.

    Per a recent circular, 1 equity share of Standard Capital Markets Ltd. (Scrip Code: 511700) will be subdivided into 10 equity shares. A bonus of 2 equity shares will also be issued for every 1 equity share held. 

    The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Standard Capital Markets Ltd.STANCAP1:1029-Dec29-Dec

    Refer: BSE Circular

    As per a recent circular, the name and symbol of G G Dandekar Machine Works Ltd. (Scrip code: 505250) will be changed as follows w.e.f 28-Dec-23. …

    As per a recent circular, the name and symbol of G G Dandekar Machine Works Ltd. (Scrip code: 505250) will be changed as follows w.e.f 28-Dec-23.

    Existing Symbol New Symbol Existing Name of the CompanyNew Name of the  Company
    GGDANDEGGDPROPG G Dandekar Machine Works Ltd.G G Dandekar Properties Ltd.

    Refer: BSE Circular 

    Stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to i…

    Stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to its existing shareholders.

    As per a recent BSE circular, 1 equity share of HMA Agro Industries Ltd. (Scrip Code: 543929) will be sub-divided into 10 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    HMA Agro Industries Ltd.HMAAGRO1:1029-Dec29-Dec

    Refer: BSE Circular | NSE Circular