While Ensuring Settlement

money to the trading member immediately upon getting the contract note for sale/ purchase, but in any case before the prescribed pay-in-day. securities to the investors within 24 hours of the payout.

and selling demat shares. the depository participant (DP) ‘delivery out’ instructions to transfer the same from the beneficiary account to the pool account of trading member through whom shares and securities have been sold. details of the pool a/c of trading member to whom the shares are to be transferred, details of scrip, quantity, etc. As per the requirements of depositories, the ‘delivery out’ instruction should be given at least 48 hours prior to the cut-off time for the prescribed securities payin. depository participant ‘delivery in’ instructions to accept shares in beneficiary account from the pool account of trading member through whom shares have been purchased . deliveries received as per good/bad delivery guidelines issued by SEBI. Bad delivery cases should be sorted out through Exchange machinery immediately.

the trading member every quarter. on BSE through Trade Confirmation System at www.bseindia.com if they have a contract note for the concerned trade. physical shares should be executed by a valid, duly completed and stamped transfer deed.