Don’t fall prey to promises of guaranteed returns. Please be informed that there are no guaranteed returns on investment in stock markets. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment.No worries for refund as the money remains in investor's account. Attention Investors, Prevent unauthorized transactions in your Trading/ Demat account --> Update your mobile numbers/email IDs with your stock brokers/ Depository Participant. Receive information/alerts for all transactions directly from Exchange / CDSL on your mobile/email at the end of the day and receive OTP directly from depository on your email id and/or mobile number to create pledge........... Issued in the interest of investors. KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 01, 2020.

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Authorized Persons

Kantilal Chagganlal, established in 1954, is a name synonymous with wealth management and is one of the old integrated capital market intermediaries in the financial sector. Over the years, KC has stood the test of time, has helped clients understand and simplify the investment process to achieve their financial goals. Therefore we hereby invite you to become our partners (Authorized Persons).


SEBI Rules for Authorized Person

A ‘Sub-Broker’ which is known as ‘Authorized Person’, is any person who is not a Trading Member of a Stock Exchange but who acts on behalf of a Trading Member as an agent or otherwise for assisting investors in dealing in securities through such Trading Members.

SEBI has directed that no Trading Member shall deal with a person who is acting as a Sub-Broker unless he is registered with SEBI and it shall be the responsibility of the Trading Member to ensure that his clients are not acting in the capacity of an Authorized Persons unless they are registered with SEBI.

The agreement lays down the rights and responsibilities of Trading Members as well as Authorized Persons.

It is mandatory for Trading Members to enter into an agreement with all the Sub-Brokers.

All Authorized Persons are required to obtain a Certificate of Registration from SEBI without which they are not permitted to deal in securities.

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