Religare Securities Ltd.

(RSL), a wholly owned subsidiary of Religare Enterprises

Limited (REL), a global financial services group is a market leading securities firm in
India. The company offers equity broking services to more than half a million clients
using both, offline and online platforms and also offers depository participant services.
RSL is a member of the NSE, BSE, MCXSX, USE and a depository participant with
NSDL and CDSL. RSL employs more than 4800 employees and has a wide distribution
reach that spans across more than 1500 locations in India.

Our offerings

Equity And Derivatives

Trading in Equities with Religare truly empowers you for your investment needs. We
ensure you have a superlative trading experience through -

• A highly process driven, diligent approach

• Powerful Research & Analytics and
• One of the "best-in-class" dealing rooms

Further, Religare also has one of the largest retail networks. Now, you can walk into any
of our branches and connect to our highly skilled and dedicated relationship managers to
get the best services.

The Religare Edge

• Pan India footprint

• Powerful research and analytics supported by a pool of highly skilled research
analysts
• Ethical business practices
• Offline/Online delivery models
• Single window for all investment needs through your unique CRN

For further details write to us at info@religare.in or SMS 'RELIGARE' to 58888

To start trading, existing R-ally clients may log on to

https://mat1.religaresecurities.com/inetnetlite/

For Backoffice log on to

www.religareonline.com/CRN/index.asp

Depository
RSL provides depository services to investors as a Depository Participant with NSDL and
CDSL.

The Depository system in India links issuers, Depository Participants, Depositories

National Securities Depository Limited (NSDL) and Central Depository Services (India)
Limited (CDSL) and clearing houses / clearing Corporation of Stock Exchanges. These
facilitate holding of securities in dematerialized form and securities transactions are
processed by means of account transfers.

Our customer centric account schemes have been designed keeping in mind the
investment psychology. With a competent team of skilled professionals, we manage over
5,00,000 accounts and have a dedicated customer care centre, exclusively trained to
handle queries from our customers. With our country wide network of branches, you are
never far from Religare depository services.

Religare’s depository service offers you a secure, convenient, paperless and cost effective
way to keep track of your investment in shares and other instruments over a period of
time, without the hassle of handling physical documents. Your DP account with us takes
care of your depository needs like dematerialization, rematerialisation, transfer and
pledging of shares, stock lending and borrowing.

Your demat account is safe and absolutely secure in our hands, every debit instruction is
executed only after its authenticity is established. Our hi-tech in-house capabilities cater
to the needs of software maintenance, database administration, network maintenance,
backups and disaster recovery. This extra cover of security has gained the trust of our
clients.

Currency Futures

Now, experience the excitement of the world's most

traded financial instrument with Religare.

Benefits of Currency Futures

• High Liquidity
• Extended trading hours - 9 am to 5 pm
• Opportunities to reap benefits owing to a
highly dynamic market
• Small lot size of only US $1000 with low
exchange specified margins

Currency Futures is best suited for -

• SMEs / Individuals involved in

 Imports/Exports

• Corporate/ Institutions involved in

Imports/Exports and anybody else who has
foreign currency exposure

CURRENCY DERIVATIVE
SEGMENT
Account Opening Form
NSEC+MCX
Individual
- SX Check
NSEC+MCX List
Corporate
- SX

Mutual Fund

Mutual Fund offers an opportunity for long term wealth creation. At RSL we ensure that
your investment are in safe hands backed by quality research and based on the needs of
the client according to his Income, Saving, Age, Family Background etc.

Introduction of New Mutual Fund Service System (MFSS) & Bombay Stock
Exchange Platform for Allotment and Redemption of Mutual Fund Units (BSE
StAR MF)

Securities Exchange Board of India (SEBI) vide circular SEBI/IMD/CIR No. 11/
183204/2009 dated November 13, 2009 allowed transaction in Mutual Fund schemes
through the Stock Exchange infrastructure. Units of Mutual fund Schemes have been
permitted to be transacted through registered Stock Brokers of recognized Stock
Exchanges. With this the Stock Exchange mechanism extends the present convenience
available to secondary market investor to mutual fund investors. This will give
distributors and brokers a level- playing field with banks in enabling clients to invest in
mutual fund and enable to expand the reach of mutual fund schemes to more towns and
cities.

Subscription – Depository Mode:

• Investor who chooses depository mode can place order for subscription as
currently followed for secondary market activities. The investor should provide
their depository account details along with PAN details to the Participant. When
investor desires to hold units in dematerialised form, KYC performed by DP will
be considered compliance with applicable requirements specified in this regard in
terms of SEBI circular ISD/AML/CIR-1/2008. This is in accordance with SEBI
circular no SEBI/IMD/CIR No.11/183204/2009 dated November 13, 2009.
• Participant shall enter the subscription order on the MFSS front-end system with
the option of ‘Depository’ settlement. The MFSS will identify each scheme
uniquely in terms of Symbol & Series. Subscription orders would be created in
terms of Amount. Once the order is created, system will generate a unique
confirmation No. for the order.

• The investor will receive from the Participant a confirmation slip (which will
contain unique confirmation number and date and time stamp of order entry)
generated from the MFSS system. Till the Participant provides allotment details to
the investor, the order confirmation slip would be the proof of the transaction. In
the case of demat mode, demat statement given by depository participant would
be deemed to be adequate compliance of the requirement of Statement of Account
as specified in SEBI circular number SEBI/IMD/CIR No.11/183204/2009.

• Exchange will validate these transactions on T day evening with the RTA as well
as the depository and any discrepancy in the transaction details will be informed
to the Participant on the same day evening.

• The Clearing Corporation shall also provide the Participants with funds obligation
report end of day for all the valid transactions.

• The Clearing Corporation of the Exchange shall debit the designated clearing
bank account of the Participants for the required funds obligation on T+1
morning.

• In case of shortage if any, the concerned Participant will be provided an

opportunity to identify transactions and provide details of the transactions for
which payments have been received and transactions for which payment have not
been received.

• The funds collected from the bank account of the Participant shall be compared
with the details provided by the Participant on the payment received status as per
 above. If the funds collected from the bank account of the Participant covers the
details of the payments received as provided by the Participant, the same shall be
further processed. Wherever the funds collected from the bank account falls short
of the amount indicated in the details provided by the Participant, the details shall
be considered defective and shall not be further processed. In such cases, the
funds collected, if any, shall be returned to the designated bank account of the
Participant.

• The Exchange / Clearing Corporation shall take appropriate action including

penalty on participants who fail to fulfil their funds obligation as required.

• The Exchange will notify RTA for all such defective transactions and rejections
due to non payment of funds. The RTA will reverse such transactions for
respective Participants and transactions for other Participants who have fulfilled
their funds obligations will be processed by the RTA. The RTA will intimate the
allotment details for the accepted transactions.

• Allotment information shall be provided to the Participants so that they can

provide allotment details to the investor. In the case of demat transaction, demat
statement given by depository participant shall be considered as fulfilling the
requirement of Statement of Account.

• RTA will also credit the depository account of the investor directly end of day
through credit corporate action process.

Redemption – Depository Mode:

• Investor who chooses depository mode can place order for redemption as
currently followed for secondary market activities. The investor should provide
their depository account details along with PAN details to the Participant. The
investor should also provide their Depository Participant with Depository
instruction slip with relevant units to be credited to Clearing Corporation pool
account same day before 4.30 p.m.
• The Participant shall enter the redemption order on the MFSS system with the
option of ‘Demat’ settlement. The MFSS will identify each scheme uniquely in
terms of Symbol & Series. For demat, redemption orders would be created only in
Quantity. Once the order is created system will generate a unique confirmation
No. for the order.

• The investor will receive from the Participant a confirmation slip (which will
contain unique confirmation number) generated from the MFSS front-end system.
This will be the proof of the transaction for the investor till the redemption
proceeds are received from the registrar

• Exchange shall validate the depository redemption orders with the depository as
well as RTA on T day evening and any discrepancy in the transaction details in
terms of DP id etc will be informed to the Participant on the same day evening.

• Subsequent to the validation, Clearing Corporation will provide valid orders to

depository to validate the delivery instructions (DIS) received from the investor
and accept units received if they are equal to the valid transactions. The units thus
received will be credited to the beneficiary account of the AMC(s) by the
Clearing Corporation.

• For all units received through the depository system as above, the Exchange will
inform the RTA same day with details of the addresses and bank mandate as
captured on the depository system.

• RTA will carry out the redemption processing at its end and provide final
redemption information to the Exchange on T+1. The file will contain
information about valid and rejected redemption orders. For successful
redemptions, the file will contain the redemption NAV, units redeemed,
redemption amount, STT (if any). The payouts however will happen as per the
scheme provisions and within the timelines as per SEBI regulations as applicable
from time to time.
 • Redemption information shall be provided to the Participants through files so that
they can provide Redemption details to the investor.

• The redemption proceeds will be directly sent by RTA through appropriate

payment mode such as direct credit, NEFT or cheque as decided by AMC from
time to time, as per the bank account details recorded with the RTA.

• The units will be extinguished by the RTA from the beneficiary account of the
AMC(s)

Important Points for Clients:

• Depository settlement is available for DP account hold in National Securities

Depository Ltd. (NSDL) & Central Depository Services (India) Ltd (CDSL)

• While entering order for Depository settlement, Participant should ensure that
client details should appear in same order as per depository record.

• Redemption through Depository settlement, client has to ensure that Delivery

Instruction slip should be provided to their Depository before the stipulated time.

• In case of physical settlement, participant should write the unique confirmation

number on the application received from the client.

• The Participant should deposit / courier the completed application form along
with the other documents submitted by the investor for each subscription /
redemption order with option of Physical settlement to the local / head office of
the RTA or AMC.
• In case of physical settlement, if subscription application form has not reached the
RTA, the redemption request for such subscription will not be taken by RTA and
shall be rejected.

• The subscription amount per transaction should be less than Rs. 1 Cr.