KNOW MORE ABOUT DEPOSITORY SERVICES

For the benefit of its investors, National Securities Depository Limited (NSDL) as well as Central Depository Services (India) Ltd. (CDSL) have a network of Depository Participants (DP's) that is well placed throughout India.

Integrated Master Securities (P) Limited is a registered member (Depository Participant) of NSDL as well as CDSL. In this system, physical security holdings are converted into electronic (or in other words , dematerialized ) holdings. Through our Company, you can avail of all the depository-related services.

^DEPOSITORY SERVICES PROVIDED

• Account Opening
  To utilise the services offered by a depository, any person having investment in any security or intending to invest in securities needs to have a demat account with a CDSL-DP. This holder of such demat account is called as "Beneficial Owner (BO)". A BO can maintain a demat account with zero balance in such account. A BO can open more than one account with the same or multiple DPs, in the same name/s and order, if he/she desires so. The investor can approach any DP/s of his/her choice to open a demat account.
  
• Dematerialisation
  Dematerialisation is a process by which physical certificates (of shares / debentures / other securities) are converted into electronic balances. A BO has to submit the request for dematerialisation by submitting the demat request form (DRF) duly completed along with the concerned physical certificates, to his/her DP.
  
• Processing Delivery & Receipt Instructions
  To settle trades done on a stock exchange (on-market trades) and trades, which are directly settled between two BOs (off-market trades), BOs submit duly completed delivery instructions in the prescribed form to DP. For receipt of securities into his/her account, a BO can give one time "standing instruction" to DP. Once such a standing instruction is given to the DP, there is no need to submit separate instructions for receipt every time the investor buys securities.
  
• Account Statement
  Generally a DP sends to the BO, a statement of his account, monthly, if there is any transaction in the account or every quarter if the account is not operated during that period.
  
• Rematerialisation
  Rematerialisation is the process by which the electronic balances held in the demat account can be converted back into physical certificates.
  
• Pledging
  If the BO decides to pledge any securities in his BO account, he can avail of the same by submitting the pledge creation form duly completed, to his DP.
  
• Nomination
  BO accounts also have a facility for nomination in favor of any person.
  
• Change in Address
  A BO who wishes to register his change in address submits his/her request in writing to his/her DP. The changes entered by the DP in the CDSL system will be automatically downloaded to all the companies in which the BO is holding securities. This facility offered by CDSL saves money, time and effort for the BO.
  
• Bank Account Details
  SEBI has made it mandatory for companies to print details of bank account of the BO on dividend/interest warrants etc. to prevent possibilities of misuse of the warrants. All BOs should submit a request in writing to the DP if they wish to record / change their bank account details.