The shares that have been bought and subsequently sold under BNST-G would be first credited and then debited from your Demat account as per normal pay in and pay out. You would not be required to do anything different from your normal transaction.

No, we wish to inform you that you must not sell BNST-G shares in another exchange and must sell them only in the exchange through which you have bought the shares.

You can sell upto 75% of the shares bought by you in the previous settlements till the payout date of the buying settlement. E.g. Suppose you have bought 100 shares of ACC on Day 1. The settlement day for this buy transaction is Day 3. You can sell upto 75 shares of ACC under BNSTG on Day 2 or on Day 3 till your buy transaction is settled.

Even if the shares are sold against margin and if the scrip is available for trading under BNST-G, the margins would be adjusted at the end of the day.

No. Shares bought under Margin Financing cannot be sold as BNST-G. Shares bought under 'Margin Finance' can be sold under 'Margin Finance' only.

Currently we have a list of scrips that are automatically adjusted for BNST-G. This list may be modified from time to time depending on the then prevailing market conditions. We advise you to refer the list before placing any orders.

You should give Standing Instructions for 'Delivery-In' to your DP for accepting shares in your beneficiary account. You should give the details of your beneficiary account and the DP-ID of your DP to your trading member. The trading member will transfer the shares directly to your beneficiary account on receipt of the same from the Clearing Corporation.

The credit of the shares allotted to you,should be completed within fifteen working days after allotment by the Company from the date of closure of the issue, For.E.g.if the issue has closed on the 14 th,then the credit of shares to your account should happen by the 29th and you should be able to confirm this on th 30th with DP.

BNST-G is a service available to all customers at no additional charge apart from the normal brokerage.

In the advanced countries, depository systems and services have played a significant role in not only facilitating smooth trading and settlement but also attracting foreign investment in the capital market. The depository system evolved by the National Securities Depositories Limited (NSDL) enables investors to overcome all problems related to handling physical certificates. NSDL is an organization formed to provide electronic depository facilities for securities traded.

Yes, Infact ADCB has a product called which offers financial assistance against pledge of your demat shares.

Yes. In case if the shares are sold without selecting BNST-G as 'Order Type', the same can be marked later till market closure on the day of transaction. If order is open then you can mark the open order and if the order is traded then you can mark the traded order.

You should instruct your Depository Participant (DP) to give 'Delivery Out' instructions to transfer the shares from your beneficiary account to the Pool Account of your trading member through whom you have sold the shares. The details of the Pool A/C(CM-BP-ID) of your trading member to which the shares are to be transferred, scrip quantity etc. should be mentioned in the Delivery Out instructions given by you to your DP.

To start with, your broker will offer you lower brokerage, as he is certain that there will be no bad delivery of certificates. This also means, your certificates will not come back with objections, minimising the cost & time involved in the transaction.

NRI can open a demat account with any Depository Participant . The NRI needs to mention the type ('NRI' as compared to 'Resident') and the sub-type ('Repatriable' or 'Non-Repatriable') in the account opening form collected from the Depository Participant. No permission is required from RBI to open a demat account. Holding securities in demat only constitutes change in form and does not need any special permission. No special permission is required.

SPIC's shares are compulsorily in dematerialized form. However, you may hold these shares in physical form.

Yes, you can open 4 free Demat Accounts with your SuperSavings Account. We will waive the account opening charges for all 4 Demat Accounts. Plus, our charges on the Demat services are amongst the lowest in the industry. No. Apart from International Debit cum ATM Card, all other services come to you free of charge. These services have been introduced to make banking a convenient and a hassle-free option for you.

YES ; In the initial public offer form (of Depository eligible companies), there is a provision to mention the client id and the depository id. You can fill these columns and if you are allotted the shares, they will be credited directly to your account in electronic form.

Yes! The investors can sell and deliver the scrips in the physical form where only demat deliveries are permitted. The Exchange settles such transactions under the Exit Route Scheme announced for scrips in compulsory demat delivery for all investors. The transactions of this type, which are executed in "C" group at the Exchange system, are settled on Trade-to-Trade basis, i.e., without netting of buy and sell position in the same scrip.

Yes, you have the option to convert either fully or part of the demat shares into physical certificates. You must submit a Rematerialization Request Form (RRF) to your DP. SPIC will issue the physical share certificates within 30 days on receiving the order from the DP.