INDEX OF DOCUMENTS - Motilal · PDF fileINDEX OF DOCUMENTS Sr. No. ... linked instruments or other marketable Securities of a like nature in or of any incorporated company or other

INDEX OF DOCUMENTS

Sr.No.

Brief Significance of the Document Page No.

Modification FormApplication for Updation ofClient Master Details

1.

Name of the Document

MANDATORY DOCUMENTS AS PRESCRIBED BY SEBI & EXCHANGES

1

Consent Letter to Trade in NSE, BSE, MCX - SX Exchange

Power of Attorney provided to broker to facilitate payin of securities andother authorizations

Additional clauses other than specified by SEBI to facilitatetransactions in e-broking.

For the purpose of operational convenience, this authorization isrequired to maintain the client account both for the funds andsecurities, on running account basis.

Voluntary Clauses

(Terms & conditions) - Annexure A

5.

VOLUNTARY DOCUMENTS AS PROVIDED BY THE STOCK BROKER

5 - 6Power of Attorney4.

Authority to retain funds/securitiesas running account

6.

3 - 4

7 - 10

Consent Letter3.

11

Voluntary Document Declaration of Mobile Number2. 2

Motilal Oswal Securities Limited

Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai-400025.

Ph: +91-22- Fax: +91-22- Website: www.motilaloswal.com39804200 33124997

BSE-INB011041257-30-Sep-2000

BSE-INF011041257-23-May-2000

BSE-CD-16-Jan-2014

NSE -INB231041238 - 16-Mar-1999

NSE -INF231041238 - 06-Jun-2000

NSE -INE231041238 - 17-Jan -2013

MCX-SX- INB261041231 - 17-Jan -2013

MCX-SX- INF261041231 - 17-Jan -2013

MCX-SX- INE261041231 - 17-Jan -2013

CDSL-IN-DP-09-99 - 12-Apr-1999

Name of stock broker/tradingmember/clearing member

SEBI Registration No. and date

Registered Office Address

For any grievance / dispute please contact stock broker (Motilal Oswal Securities Limited) at the above address or Email id [email protected] stock broking related dispute or [email protected] for DP related dispute or can speak on Phone No. 91-22-30801000. In case notsatisfied with the response, please contact BSE at [email protected] and Phone no. 91-22-22728097 and NSE at [email protected] and Phone no. +91-22-26598190 and MCX - SX at [email protected] and Phone no. +91-22-67318933 / 9000

Name of COO

Name of compliance officer Mr. Neeraj Agarwal Ph: +91-22-30801000 Email Id: [email protected]

Mr. Ajay Menon Ph: +91-22-30801000 Email Id: [email protected]

NSDL-IN-DP-NSDL-152-2000-24-July-2000

Palm Spring Centre, 2nd Floor, Palm Court Complex, New Link Road, Malad (West), Mumbai - 400 064.Ph: +91-22-30801000 Fax: +91-22-28449002 Website: www.motilaloswal.com

Correspondence Office Address

Inte

ntion

ally l

eft b

lank

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2 Version 1.4

To,Motilal Oswal Securities Limited,

I/We, ______________________________________, hereby declare that the Mobile no._______________________________belongs to me/us. The above mobile no. is a prepaid mobile no./ post paid mobile no (Please tick). However, I/We am unable tofurnish any proof evidencing that the above mobile no. belongs to me.

I/We request you to send all the Trade Confirmations / Margin calls and other communication through SMS on the said mobilenumber.

Thanking you,

Date:

2nd Floor, Palm Spring Centre, Palm Court Complex,New Link Road, Malad (West), Mumbai – 400 064

Declaration of Mobile Number

VOLUNTARY DOCUMENT

(If mobile bill is submitted for mobile number confirmation, client signature is not required on below declaration)

Client Code Name Signature

-


3

Consent Letter to Trade in NSE, BSE, MCX - SX Exchange

NSE+BSE+MCX-SX

Exchange/Segment Cash F&O Currency Mutual Fund

1/8 2/8 3/8 4/8

Date:

To,

Dear Sir / Madam,

Sub:Application to trade in NSE (Currency Derivative Segment), BSE (Currency Segment) and MCX-SX Stock Exchange (in all Segments).

____________________

__________________________

I / We am/are registered with you as a client for execution of trades from time to time in Segments like Cash / Capital Market / DerivativesMarket of Bombay Stock Exchange (BSE) / National Stock Exchange (NSE).

1. I / We wish to commence trading in NSE (Currency Segment) and BSE (Currency Segment) and MCX-SX Stock Exchange (MCXSX) inall Segments for which I / We am / are providing authorization through this consent letter as follows:-

This authorization is in addition to the authorization given earlier by me/us.

* Have signed the relevant boxes, reflecting the Exchange / Segment where I wish to trade. The Exchange / Segment not chosen are struckoff by putting the mark X.

If, you do wish to trade on any Exchange and any of its segment, please mention here _______________________________________

2. I / We confirm that I / We have not been debarred by SEBI / Exchanges / Other Regulatory authorities for trading in Cash / Capital /Derivatives / Securities Markets and no action has been initiated against me /us.

3. I / We confirm that the correspondence address and contact details as submitted in the KYC or any time thereafter modified by me, inMOSLrecords are correct for any communication with me / us.

4. I / We confirm having received, read and understood the contents of the Rights and Obligations document(s), Risk DisclosureDocument, Policies & Procedures, Guidance Note etc. as per SEBI circular dated August 22, 2011. I / We have also been informed thatthe said standard set of documents as mentioned above, including KYC &/or MCA as the case may be, has been displayed forinformation on the Website of Motilal Oswal Securities Ltd. I/We do hereby state and declare that I/we have read the same andunderstood the contents there of and bound by such provisions as outlined in these documents.

5. I/We understand that the brokerage charged to me in Cash & F&O segment of NSE / & BSE would be applicable to Cash & F &O segmentof MCX-SX. The following brokerage tariff structure would apply for Currency Derivatives segment of BSE, NSE and MCX-SX.

Motilal Oswal Securities Ltd. (MOSL)

Ref: Client Code:

PAN No.

not

2nd Floor, Palm Spring Centre, Palm Court Complex,New Link Road, Malad (West), Mumbai - 400064

Exchange Transaction Type Brok Rate Min Brok

NSE, BSE and MCX-SX(Currency DerivatesSegment)

Futures

Options %

% Rs

Rs

Table No.

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6. I/We understand that my Client Code will remain the same & all trades in NSE and BSE for Currency Segment and for MCX-SX (in allsegments) will be done using the same Client Code.

7. I / We understand that the Know Your Client (KYC) and / or Member Client Agreement (MCA) and all other related voluntary documentslike Power of Attorney, Running Account Authorisation, Consent letter for Electronic Contract Note / Statement of Accounts / DematTransaction statements where ever applicable etc, executed at the time of registering me/us or thereafter as a client under the aboveclient code, applies mutatis mutandis to trade in NSE and BSE (in Currency Segment) and MCX-SX (in all segments).

8. In term of executed POA, if any, for ease of operations I / We authorize you to use the shares lying in my existing Demat account (s) asmentioned in the POA /mapped to my trading account towards margin / pay-in or settlement obligations / collateral and such otherprovisions as mentioned in the POA, for trading in NSE and BSE (Currency Segment) and MCX-SX (in all segments).

9. I/We understand that, for the purposes of meeting the requirements mentioned in point number 8 above, shares lying in my demataccount can be transferred to following demat accounts of MOSL:-

I/ We request you to consider this application and enable me to deal in above said Exchange(s) / Segment(s). In case you require any furtherinformation, I shall furnish the same within 24 hours of your requirement.

Yours Sincerely,

(In case of Non-individual clients, affix relevant Company Stamp along with Signatories who has been authorized to sign- (This consentletter should be signed in the same order as it has been signed in the original POA)

(Note: I understand that any change in contact details like Mobile number, Landline phone number, email-id, Permanent andCorrespondence address mapped with Motilal Oswal Sec. Ltd. will be made through modification form by submitting to MOSLbranch.)

For Individuals / Non-Individual clients:

Signature for and on behalf of

Signature

Name

Title/Designation

1st Holder 2nd Holder 3rd Holder

5/8

MOSL Demat Account Numbers

1201090000000101 IN301862-10000022 1100001000012619

1201090000003024 IN301862-10000006 1100001100015975

1201090000252528 1201090000252513 1201090000000116

1201090005053147 IN301862-10004136 1100002800000205

Version 1.4

1201090004948997 1201090005065053

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POWER OF ATTORNEY IN FAVOUR OF MOTILAL OSWAL SECURITIES LIMITED

(ON STAMP PAPER OF Rs. 100/-)

TO ALL TO WHOM THESE PRESENTS SHALL COME, I/We.................................................................................................................................................................................................residing at / having place of business / registered office at……......................................................……...............…………………………...…………………..........……………………………………....send greetings.

WHEREAS I / We wish to avail, / I/We am/are a client availing ofthe Stock Broking and Depository services(hereinafter referred toas said Services) offered by Motilal Oswal Securities Limited,having its Registered office address at Motilal Oswal Tower,Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi,Mumbai-400025, and having its processing office at Chennai(hereinafter referred to as ‘MOSL’) with/ without On-Line trading /E-broking & web based facilities and / or services through itswebsite or any other website used for offering said Services.

AND WHEREAS as consideration for availing said services aswell as a prerequisite for fulfilling the various preconditions andrequirements so as to avail of the services by MOSL, I / we am/aredesirous of appointing an attorney and confer upon it powershereinafter stated.

NOW THESE PRESENTS WITNESS that I / we, do hereby, jointlyand severally nominate, constitute and appoint MOSL actingthrough any of its directors, officers and / or agents, as my / ourtrue and lawful ConstitutedAttorney (hereinafter referred to as thesaid Attorney) for me / us, in my / our name and on my / our behalfand at my / our risk and costs to do, exercise and perform all orany of the following acts, deeds and things:

In this Power of Attorney the term “Securities” shall includeshares, scrips, stocks, bonds, warrants, options, futures,derivatives, convertible debentures, non-convertible debentures,securitized debt instruments, fixed return investment, equitylinked instruments or other marketable Securities of a like naturein or of any incorporated company or other body corporate,negotiable instruments including usuance Bills of Exchange,deposits or other money market instruments, commercial paper,certificate of deposit, units issued by Unit Trust of India and unitsissued by Mutual Funds, mortgage backed or other asset backedSecurities issued by any institution or body corporate cumulativeconvertible preference shares issued by any incorporatedcompany and Securities issued by any incorporated companyand Securities issued by the Central Government or a StateGovernment for the purpose of raising public loan and having one

of the forms specified in Clause (2) of Section 2 of the Public Debt

Act, 1944, any other new form of capital or money marketinstruments that may be issued in the future by any incorporatedcompany/firm/institution or Government.

1 To give delivery/receive insturctions, borrowing and lendinginstructions, pledge instructions, pledge closureinstructions in the course of business relating to operationof demat accoun(s) no(s). _______________________with Depository Participants opened with MOSL withNSDL/CDSL or any other demat accounts of client, as maybe communicated in writing towards the Obligation fortransactions done through MOSL on NSE, BSE and MCX-SX and any other Exchange, under my/our instructions

2. Pursuant to my/our instruction or instruction of my / ourAuthorised Representative (applicable only in case of non-individual client), to make applications for or to renounceand sign renunciation forms in respect of bonds /debentures, right shares and additional shares of anyCompany / Body /Authority.

3. To debit my/our ledger account maintained with MOSL forfees/charges etc. and to discharge all financial obligationsrelating to transactions undertaken by me on any of theStock Exchanges

4. Pursuant to my/our instruction or instruction of my/ourAuthorised Representative to do all such acts and things asmay be necessary to effect the subscription / purchase /redemption or any other transaction for mutual funds/online Mutual Fund or otherwise of initial public offer /follow on public offer / right issue /or any other like issuesand / or Investment Product for which services are availedfrom MOSL.

5. To pledge the securities with MOSL / Exchange(s), forlimited purpose of meeting margin requirement inconnection with the trades executed on the StockExchanges.

6. To instruct the Depository Particpant to debit securities tothe said account and/or transfer securities from the saidaccount to pool/collateral /margin/any other beneficiaryaccount of MOSL to the extent of shares sold throughMOSL for pay in obligation as well as for margins towardsany Stock Exchange in all segments.

7. To issue instructions to my DP to execute the share transferrequests given by me/us in electronic form, in any formatand at any time through the website of Motilal OswalSecurities Limited or through the internet or any otherelectronic mode, towards upfront margin or any othermargin obligation towards any stock exchange.

8 To authorize MOSL to send trades and accounts relatedinformation and also consolidated summary of scrip-wisebuy and sell positions taken with average rates by way ofSMS / email on a regular basis.

9. For the purpose of the aforesaid to sign contracts,agreements, transfers, acceptances, receipts, or otherinstruments, documents and forms, to accept and carry outcorrespondence with such person(s) or authority/authorities or department(s) and to do all such lawful actsrequisite for effecting the same.

To do or commit to do all such acts and things as may benecessary or desirable in order to exercise its powershereinabove or to comply with any laws, orders, rules,regulations or directions of any government or regulatory orother authorities.

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6

Signed for and on behalf of

Name of Authorised

Title / Designation

Signatory

Witness 1

Witness 2

Signature of Client

For Motilal Oswal Securities Ltd.

Authorised Signatory

For M

OSL only

1st Holder 2nd Holder 3rd Holder

6/8

The Participant

Name & Address Signature W1

Name & Address Signature W2

*Required Co-parcener's details in case of HUF account

Co-parcener's Name Sign of Co-parcener*Co-parcener's Name Sign of Co-parcener

1

2

3

4

5

6

10. My/Our Attorney MOSL shall not be liable for any loss thatmay result from failure/inability of electronic connectivity ofrejection of my/our application for any reason whatsoever.

11. In case of mutual fund units wrongly / erroneouslysubscribed and delivered in my/our account, MOSL isauthorized to automatically transfer the units in theirpool/beneficiary/other account without my consent.

12. In case the securities or fund that may have beendelivered/credited/transferred to my DP accounterroneously or those securities or fund that I was notentitled to receive, then MOSL is authorized to instruct theDP to reverse such transactions without obtaining anyauthorization from me.

13. I understand that on production of adequate proof by me youwill return to me the security/(ies) or funds that may havebeen erroneously credited/transferred to your account whichyouarenotentitled to receive frommeorus.

14. The demat account details of MOSL where shares can betransferred for above purpose is mentioned below

AND I/We hereby agree that MOSL shall exercise such powersand authorities conferred under the above Power of Attorneypursuant only to the instructions in that behalf given by me/us ormy/our Authorised Representative, which may be given orally,over the telephone, through the internet, electronically or in any

other manner acceptable to MOSL and such instructions shallbe deemed to have been given by me/us and shall not bequestioned by me/us and shall be conclusive and binding onme/us.

AND I /We hereby agree that all such acts done by my/our abovementioned attorney shall be deemed to be acts done by me/usand if necessary shall be ratified by me/us on the instructions ofthe said attorney.

I/We do hereby confirm and declare that this Power of Attorneyshall be valid, effective, operative and shall remain in force till thesame is revoked by me/us. Further, I/We hereby confirm thatsuch revocation shall not affect my/our obligations outstandingat the time such revocation and the authority granted hereundershall continue until all transactions and instructions alreadyexecuted or issued in pursuance of this Power of Attorney andall outstanding towards Motilal Oswal Securities Limited havebeen settled.

I/We hereby agree that any dispute arising out of all trades,transactions and contracts will be settled under the Bye-Laws,Rules and Regulations of the concerned Stock Exchangeswhere the trades have been executed and depository relatedissues under the bye Laws of the concerned Depository, wherethe concerned beneficial owner demat account is held.

And generally my said attorney shall have the power to do allsuch acts, deeds and things on my behalf and I could havelawfully done, if personally present.

AND I do hereby for myself, my heirs, executors, administratorsof acts done and legal representatives ratify and confirm andagree to ratify and by attorney confirm all and whatsoever mysaid attorney or his substitute or substitutes shall lawfully do orcause to be done by virtue of these presents.

MADE at Mumbai on this __________ day of ________ 20____

IN WITNESS WHEREOF I/We have hereunto set andsubscribed my/our respective hands to these presents the dayand the year herein above written.

Account Number

1201090000000101 IN301862-10000022 1100001000012619

1201090000003024 IN301862-10000006 1100001100015975

1201090000252528 1201090000252513 1201090000000116

1201090005053147 IN301862-10004136 1100002800000205

1201090004948997 1201090005065053

Version 1.4

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In addition to the 'Rights and obligations' document, DepositoryParticipant - Beneficial Owner agreement, the Client and MOSLhave agreed to the following voluntary terms and conditionscontained in this Annexure A to ensure smooth functioning of theoperations in the course of trading/investing in securities by theClient through MOSL.

The Client is informed and satisfied that MOSL and thealso does proprietary trading

occasionally.

The Client agrees that he / she / it has been made aware / read,understood and accept the prevailing RMS Policy / all otherpolicies / procedures / information / instructions of MOSL andfurther shall keep himself/herself / itself, updated of any futureRMS policy, all other policies / procedures / information /instructions that may be issued from time to time from thebroker. The Client shall also access the RMS Policy, all otherpolicies / procedures/information/instructions from the MOSLWebsite from time to time. MOSL may send any necessarycommunications to the client on their registered email addressMOSL may modify the terms or any additional terms that toreflect changes to the law or changes to our policies /procedures etc. You should look at the terms regularly. Youshould access your account regularly. You should access youraccount regularly. Changes addressing new functions forpolicies / procedures will be reflected in your account login id.

The Client hereby agrees and understands that in case of anynoncompliance and /or default by the Client such as chequebouncing, client code modification, F&O short margin, UCCviolation, price rigging or for any other matters as may bedecided by MOSL from time to time, without prejudice toMOSL's other rights, MOSL may levy charges/penalty(ies) onthe client and debit such charges / penalty(ies) in the clientaccount which has been imposed by RegulatoryAuthorities.

The Client agrees that MOSL will not be responsible for partialexecution of orders placed by the Client. The Client also agreesthat all orders placed by him shall be treated as orders for thatparticular session only. In case the Client wants the orders to becarried forward or extended for the day or for more number ofdays he shall communicate the same to MOSL.

Suspension/deactivation of trading activities for Non-paymentof amounts due from the Client including margin money.

The Client is aware that the Client is required to make fullpayment to MOSL for the execution of the contract on the day ofexecution of trade. The Client explicitly agrees and authorizesMOSL to suspend/deactivate his/her accounts for non paymentof the above stated dues and such other amounts as may bedue from the Client from time to time without giving any furthernotice or intimation to the Client.

(I) The client agrees to receive from MOSL the ledgers,transaction statements, bills or other Statement(s), relatednotices, circulars, amendments and such othercorrespondence, documents and records which may be

sent by MOSL from time to time electronically in lieu of thephysical mode. The client further authorizes MOSL to sendthe executed copy of Client Registration form to his e-mail

1.

2.

3.

4.

5.

6. Digitally signed Contract Notes / Statement of Accounts /Client Registration Documents: The Client hereby agreesand permits MOSL to provide digitally signed contractnotes through internet (web-based) and agrees as under:

Subbroker / Authorised Person

Id, The client can also download the copy through thesecured access provided by MOSL using his client specificuser id and password.

(ii) The client hereby acknowledges that all the documents asabove sent by MOSL through e-mail will be considered ashaving delivered to him once the email leaves MOSL e-mail server unless the same is rejected by client e-mailserver and bounced mail notification is not received byMOSL. The client further agrees that in the absence ofcommunication from him regarding non receipt ofdocuments through email or notification of any discrepancywith in reasonable time from the date of issuance of DigitalContract Note through email, MOSL may construe thatthere is deemed acknowledgement of the document(s)sent to you electronically.

(iii) The Client shall access the contract notes/ confirmations ofthe trades executed on his/her/their behalf on the tradedate electronically. The Client understands that it ishis/her/their responsibility to review all confirmations,contract notes, statements, notices and othercommunications including but not limited to margin andmaintenance calls etc.All the information contained thereinshall be binding on the client, if the client does not objectseither in writing or via eletronic mail within reasonable timefrom the date of execution of the trade.

(i) The client agrees that the charges towards accountopening for equity trading and demat account if any,wouldbe debited to the ledger account of the client after openingof account. The entry reflected in the ledger account of theclient would be sufficient acknowledgement of the receiptof account opening charges. The client agrees andunderstands that no separate receipt will be issued in thisregard.

(ii) For the convenience of payment of all the charges,pertaining to my demat account, the Client agrees to debithis trading account with all the DP account charges, as andwhen the bill is raised by MOSL (Depository Participant).MOSL may charge penalty on non-payment of DP accountcharges. Such penalty amount shall be directly debited tothe account of Client.

(I) The Client is informed that he/she/they shall update theirmobile numbers / email IDs with MOSL (i.e. Stock Broker /Depository Participant). This will facilitate them to receiveinformation of their transactions ,all debits directly from theExchange(s) / Depositories on their mobile / email at theend of the day.

(ii) The client authorizes MOSL to send Trade Confirmations /Margin calls at the mobile number of the client mentioned inthe Client Registration Documents. The client shall providevalid mobile number to the MOSL which shall beincorporated in the client registration documents. Duringthe currency of the voluntary clauses such mobile numbershall be functional. It shall be duty of the client to ensurethat the mobile number provided in the client registrationdocuments is correct and in operation and/ or in workingcondition at all the time. In case the client has provided and/or incorporated different mobile number in the KYC, MOSL

7. Acknowledgement for account opening charges and DPcharges :

8. Trade Confirmation to client

VOLUNTARY CLAUSES (TERMS AND CONDITIONS) ANNEXURE A

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may send notice/communication on any of the mobilenumber, at its discretion. The notice /information/communication through SMS sent to the client shall bedeemed to have been received by the client and MOSLshall not be under any obligation to confirm the authenticityof the person (s) receiving the SMS.

(iii) MOSL at its discretion shall also send Trade Confirmations/ Margin calls through SMS at the mobile number providedby the client. The SMS Service may be discontinued for aspecified period/indefinite period with or without any priornotice for any reason whatsoever. Such clients who haveavailed SMS service facility of payment basis agrees thatMOSL may discontinue SMS service with prior intimationwith proper reasoning.

(iv) MOSL shall not be liable or responsible for any statementreceived from frauds or impostors or any consequencesthereof.

(i) For the purpose of the voluntary clauses the term "Dues ofclient" shall include the amount of monies payable by theclient including but not limited to, the purchase price of theSecurities, Brokerage, Margin money, Service Tax,Turnover Tax,Auction Debit and Charges, Service Charge,Securities Transaction Tax, Stamp duty, DP charges,penalties, late paymant charges, transaction charges,KRA charges, cheque bounce charges, penalties for non-compliances, shortfall in margins etc. that may be leviedfrom time to time in the clients accounts as per Regulatorynorms.

(ii) All payment for securities bought shall be made out by wayof Cheque/ fund transfer in favour of "Motilal OswalSecurities Ltd." At the time of settlement of dues of theClient, MOSL shall draw an account payee cheque /fundtransfer in favour of the Client which may be payable to aspecified bank account of the Client.

The Client agrees to make such fund transfer from the bankaccount, the details of which are provided by the Client toMOSL in the Client Registration Form or in any otherdocuments.

The Client understands that MOSL shall execute theorders only after the proceeds of the Margin account arerealized and credited to the Bank account of MOSL.

Any payment made by the Client in the form of the accountpayee cheque shall be considered as Funds only upon therealization of the same.

(iii) The Client hereby agrees to make payment against debitbalance and margin payments as demanded by MOSL inthe form of Funds (which shall hereinafter mean andinclude account payee cheques but not cash or currency)or securities in the proportion as prescribed by MOSL orExchange, failing which the broker can square up all or anyoutstanding position of sale and / or purchase, in anysegment and/or in any Exchange, without any notice to theClient.

(iv)

9. Payment of Margins:

The client hereby agrees to intimate / inform the details ofhis relatives, from time to time ('Relative' shall mean andinclude relatives as defined under Section 6 of 'theCompanies Act, 1956') that may open trading account withMOSL on the Stock Exchanges, MCX - SX, BSE and NSE.

In case client fail to intimate / inform MOSL, MOSL isauthorised to identify the relative of client. In case of anydefault in the account of any of such 'relatives', clienthereby authorises MOSL to set off and adjust theoutstanding amounts of money and/or securities in any ofthe said accounts against credits of money and / orsecurities available or arising in my / our accountirrespective of the fact that such credits in the accountsmay pertain to transactions in any segment of anyexchange and/or against the value of margins and/orcollateral securities provided to MOSL by client. The clientalso authorizes MOSL to pass appropriate journal entriesin order to give effect to the same any time after threemonths from the date of the transaction or as may bedeemed fit by MOSL.

(v) Margin in the form of Securities: MOSL, in its absolutediscretion will decide the eligible securities, which could bedeposited by the Client for meeting current or future margin/ deposit obligations. MOSL would be free to continuouslyreview the eligibility of securities already deposited by theClient. Securities accepted as margin / deposit, shall bevalued by MOSL as per valuation norms decided by MOSLfrom time to time. The Client authorizes MOSL to sell thesesecurities to recover any outstanding dues includingledger debits / DP debits /meet the margin requirements inCash and F&O segments of the Exchanges.

(vi) In case of dispute, these margin / deposits shall be repaidto the client within six month of closure of account withMOSL after meeting contingent liabilites arising out of all orother transactions.

(vii) Lien: The client agrees that all monies, securities or otherproperty that may be held by MOSL on the client's accountshall be held by MOSL at the sole risk and cost of the clientand such monies, securities or other property as permittedby the Exchange(s) shall be held subject to a general lienfor the discharge of the client obligation to MOSL under thevoluntary clauses irrespective of whether such obligationof the client is disputed by the client. MOSL shall be underno obligation to release such monies, securities or otherproperty until the Client has discharges its entire obligationin full to MOSL under the voluntary clause to thesatisfaction of MOSL.

(viii)The Client authorizes MOSL to use its discretion to closeout any part or all of the contracts in Capital Market, Equityand Currency Future and Options segments held in theClients account with MOSL for the protection of MOSL, incase of any default by the Client. The Client agrees toreimburse any or all such incidental expenses incurred byMOSL

(ix) Client agrees that in case of any payout (funds/securities)which is yet to be received by him/them for the previoussettlement(s), the stock broker would be entitled to adjustthe same against the current or subsequent settlementobligations or other charges or under the circumstanceswhen client defaults.

(x) Set-off - The client agrees that MOSL may set-off his creditbalance available in his ledger account on any oneExchange/ segment against the debit balance in otherExchange/segment.

The Client agrees that any notice or communication served on10.

8 Version 1.4


the Client under the voluntary clauses shall be valid andbinding on him and shall be deemed to be duly served, ifconveyed in writing through Letter, Fax or by personal deliveryduly acknowledged by the other party/ Courier at theRegistered post to the address of the Client mentionedhereinabove or the last known address, or if electronicallydelivered at any one of the e-mail id intimated by the Client , orby publishing the same in the prominent daily newspaperwhere the registered / last known business / residential addressof the Client is situated or if conveyed over telephone / fax onthe last known number or on the recording machine of suchnumber or if a notice is pasted at the door of the registeredaddress or the last known address of the Client.

The Client agrees that he will send any communication ornotice, to MOSL in writing through Letter or by personal deliveryduly acknowledged by MOSL or by registered post sent at theregistered address of MOSLmentioned herein above.

The Client hereby agrees to ensure that before selling anyshares, he has the same in hand. Any loss arising of auction /closeout on account of shares not cleared in MOSL's accountwill be borne by the Client. The Client also agrees to bear anyloss arising out of auctions due to incomplete instructions,illegible instructions, unclear instructions and instructions notreceived on time.

The Client hereby authorizes MOSL to transfer shares, lying inMOSL's pool account to his account and from there he cantransfer to margin and/or any other account for pay-in purposesfor shares purchased by the Client in previous settlements. Incase the Client does not want MOSL to transfer these sharestowards inter settlement from MOSL's pool account for payinpurposes, he shall inform MOSL in writing 48 hours beforepayin date. In case MOSL does not receive the same in writingor for a wrong settlement, MOSL shall not be responsible forloss, if any.

MOSL will not be liable to the Client for loss arising due to fire,theft or loss due to human error in case of shares sent fordematerialisation, or any other unforeseen circumstances if theshares are in the custody of MOSLbeyond the stipulated time.

Tape recording of Client conversation: The Sub broker/ Client isaware that MOSL / Sub Broker / may tape-record the conversations while providing Trade Confirmations/Advisory services/ research calls or otherwise between theClient or the Client's representative and MOSL/

, either personally or over the telephone,and the Client hereby specifically permits MOSL to do so. Suchelectronic recordings may be relied upon by MOSL/ Sub-brokeras and when required to resolve disputes in connection with thetrading transactions or otherwise.

MOSL has placed on its website and also made available to theclient on login into his trading account a detailed documentexplaining to the client the features, risks, responsibilities,obligations and liabilities associated with securities tradingamong others through wireless technology / internet/smartorder routing. The client agrees to go through the above termsand conditions and it shall be deemed to be sufficient notice byMOSL.

I) The Client agrees that MOSL shall not be liable orresponsible for non-execution of the orders of the Clientdue to any link/system failure, at the Client /

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MOSLs/exchange's end.

ii) The client agrees that the ledger statements in respect oftransactions entered into on the cash segments of theExchanges will be combined for my convenience and thepayments received and paid by the MOSL will beappropriated on a first-in first-out basis.

iii) The Client agrees that a modification/addition/deletion to

the terms and conditions on the website shall amount to avalid modification of the presents.

(I) any action, omission, suspension of trading, decision orruling of any Exchange or Regulatory, Governmental orother body or of any other person which is beyond MOSL'scontrol; or

(ii) by acts of God including earthquakes, flood, accident; or

(iii) any commotion, insurrection, embargo, industrial dispute,computer, communication, telephone or system failure,war, power failure, equipment or software malfunction,strikes, etc; or

(iv) any other conditions, beyond the control of MOSL.

The above Force Majeure events do not exempt the Clientto fulfill the obligations in his account with MOSL.

In case anyone or more of the provisions contained in thevoluntary clauses becomes invalid, illegal or unenforceable inany respect under any law, the validity, legality andenforceability of the remaining provisions contained hereinshall not in any way be affected or impaired thereto.

Whereas MOSL is also registered with the Association ofMutual Funds in India (AMFI) as a Mutual Fund Distributor.

And whereas MOSL is providing a facility through its ONLINEservices to apply / purchase / redeem / sale / buyback orotherwise deal in the units of Mutual Funds and securities (herein after referred to as Transactions) through its website asdefined above And whereas the Client is desirous of availingthe facility of the said transactions and such other facilitiesoffered through MOSL's website.

a. The Client shall authorize MOSL by executing a Power ofAttorney in the favour of MOSL to execute instructions ofthe Client or its authorized representative with regard to thetransactions. All instructions given by the Client / itsauthorized representative shall be binding on the Client. 2.3. The Client undertakes to read all the relevant OfferDocuments and addendums thereto and terms andconditions of all schemes of all mutual funds and otherissues of securities including but not limited to Initial PublicOfferings / Public Offers, Rights issue and Buy Back offers,offered through MOSL's website; before entering into anytransactions through the website and agrees to abide bythe terms, conditions, rules and regulations as applicablefrom time to time.

b. The client hereby authorizes MOSL to adjust the balancein his trading account maintained with MOSL, for the

18. Force Majeure: MOSL and/or its agents will not beliable for losses / costs / damages caused directly orindirectly from:

19. Severance:

20. CONDITIONS GOVERNING TRADING IN SECURITIESOTHER THAN ON THE FLOOR OF THE STOCK EXCHANGE

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purpose of investment in transactions, and similarly to usethe balance in his IPO / Mutual Fund/other Investmentaccount for setting off the debits in his trading account orotherwise, on the basis of his instructions, from time totime.

c. The Client agrees that MOSL is entitled to disclose toregulatory authorities, all such information pertaining to theClient as may be required from time to time, for the Client tobe able to avail of any or all of the services provided byMOSL under these documents. MOSL may furnish acertified copy of the Power of Attorney and otherdocuments on behalf of the Client to the Company /Registrar / Mutual Fund.

d. The Client can view his/ her / its transactions on thewebsite.

e. MOSL shall not be liable for any loss or damage caused byreason of failure or delay of the mutual fund/Registrar todeliver any units purchased even though payment hasbeen made for the same or failure or delay in makingpayment in respect of any sold though they may have beendelivered.

f. The Client agrees to provide MOSL with any confirmation /declaration or any other document that the concernedIssuer /Asset Management Company or any other entitymay from time to time require MOSL to collect from theClient in respect of the services offered under the voluntaryclauses.

g. The Client further agrees that MOSL shall not be heldresponsible for non-allotment of securities either fully orpartly to the Client, for any reason whatsoever. MOSL shallnot be held responsible in case due to any reason thebid/application/ revision instructions sent by the Client isnot received by it, or if the bid / application / revision couldnot be uploaded to the Stock Exchange, or could not besent to the Bankers/ Registrar to the issue.

h. Any IPO / FPO / NFO / Bond issue or any other issue ofsecurities, applied through MOSL by any mode i.e. online /off-line / in writing e.t.c., MOSL will not be responsible for (i)non-bidding of application, (ii) non-submission ofapplication to Banker / RTA / Issuer and (iii) non-allotmentof above securities by RTA/ Issuer due to any reason.

21. The Client hereby confirm that he/they is/are not a Stock Brokeror Sub-broker or Authorised Person or Remieser of any StockExchange(s).

Further, in the event client wishes to obtain any membership ofany Stock Exchange(s) or wish to become Sub-broker orAuthorised Person or Remieser of any Trading Member in anyStock Exchange then client undertake to obtain No-objectioncertificate from MOSL prior to making an application to theExchange(s).

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Indemnification: The Client and the Sub broker shall indemnifyand shall always keep indemnified MOSL harmless from andagainst all claims, demands, actions, proceedings, losses,damages, liabilities, charges and / or expenses that areoccasioned or may be occasioned to MOSL directly orindirectly, owing to bad delivery (as defined by the ExchangeRules/Regulations/Bye-Laws) of shares / securities and / or asa result of fake / forged / stolen shares / securities / transferdocuments that are introduced or that may be introduced by orthrough the Client during the course of its dealings / operationson the Stock Exchange(s).

The Sub broker /Authorised Person hereby agrees to indemnifyMOSL against all the claims including legal costs incurred todefend any claims made by the client of the

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The Sub broker /Authorised Person agree that the provisions ofindemnity in this agreement shall be applicable though suchdamages, loss, liabilities and / or expenses mentioned abovemay devolve subsequent to MOSL being declared a defaulteror suspended or expelled by the Exchange.

I/we hereby authorizes MOSL to send Trade confirmations,research calls, investment ideas etc. including all commercialcommunication even though I/we am/are registered or mayregister with National Do Not Call Registry established underthe Telecom Unsolicited Commercial CommunicationsRegulations, 2007 or registered or may register under theNational Customer Preference Register established under newregulation viz the Telecom Commercial CommunicationsCustomer Preference Regulations, 2010.

All references to the specific quantity/rate/fee, if any, mentionedin thisAnnexureAare subject to change from time to time, as soagreed to in writing between the parties.

Sub Broker /Authorised Person

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Voluntary Document

AUTHORITY TO RETAIN FUNDS / SECURITIES AS RUNNING ACCOUNT

To, Date:Motilal Oswal Securities Limited2nd Floor, Palm Spring Centre, Palm Court Complex,New Link Road, Malad (West), Mumbai - 400064

Sir,

Sub: Authority to retain Funds/Securities towards Margin in Cash segment, F&O segment, Currency Derivative &any other segment.

I/We, am/are registered with you as a client for execution of trades from time to time in cash/capital and/or F&O segment / CurrencyDerivative of Bombay Stock Exchange Ltd. (BSE) and /or National Stock Exchange of India Ltd. (NSE) and/or MCX Stock ExchangeLtd. (MCX - SX) (hereinafter called as "the Stock Exchanges").

For the purpose of operational convenience, I/we hereby give my/our consent to maintain my/our account both for the funds andsecurities, on running account basis. I understand that consequent to your execution of my/our secondary market trades, I/we haveeither to pay/receive funds and/or securities depending upon my / our securities transactions. In the event I/we have to receivefunds/securities from you on declaration of pay-out of funds or securities by the Stock Exchanges, I/we hereby authorize you to retainthe funds and/or securities, as the case may be, with you as margin towards my/our ongoing secondary market transactions from timeto time in Cash/Capital market and/or F&O segments and/or Currency Derivative Segment of any of the Stock Exchanges.

Further, I / We authorise you to deposit any and all the securities kept as collateral by me / us, from time to time, with Bombay StockExchange Limited and/or National Stock Exchange of India Limited and/or MCX Stock Exchange Limited and/or National ClearingCorporation Limited And / or Indian Clearing Corporation Limited towards margin, as permitted from time to time.

Kindly further note that I am entitled to revoke this authorization at any time, after sending the revocation letter at your registered officeto enable you to make necessary changes to handle my account without running account authorization.

I / We further authorized you to retain securities and funds as may be permitted by Stock Exchanges / SEBI from time to time whilesettling my/our account.

I/we authorize you to actually settle my account with you once in a calendar month/ once in a calendar quarter or such period as maybe permitted by the Exchanges / Regulators from time to time. Further, I understand that, I/We can request for the release of pay-outany time after adjusting all dues towards MOSL.

Thanking You,Yours Sincerely,

(In case of individual clients - this Authority letter is to be signed by the client only and not by his / her authorised signatory)

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