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    Business Transfer To Subsidiary Intimation

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    rm3638138
    Rj Rajesh business

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    © All Rights Reserved
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    Business Transfer To Subsidiary Intimation

    Uploaded by

    rm3638138
    6 views1 page
    Rj Rajesh business

    Original Title

    Business-Transfer-to-Subsidiary-Intimation

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    © © All Rights Reserved

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    PDF, TXT or read online from Scribd

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    Rj Rajesh business

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    6 views1 page

    Business Transfer To Subsidiary Intimation

    Uploaded by

    rm3638138
    Rj Rajesh business

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 1

    Re: Assignment of your Demat Account with RKSV Securities India Pvt. Ltd.

    ’s to
    Upstox Securities Pvt. Ltd.

    Operations of our DP-RKSV Securities India Pvt. Ltd. will be transferred to Upstox
    Securities Pvt. Ltd. (Formerly known as EPX Uptech Pvt. Ltd.). As per the terms of
    assignment there will be no change in your BOID, but henceforth your account will be
    handled by Upstox Securities Pvt. Ltd. You are requested to take one of the following steps
    on or before 7 March, 2024.

    1. The Demat account held by you with RKSV Securities India Pvt. Ltd. shall stand
    assigned and transferred to Upstox Securities Pvt. Ltd. and the rights and obligations
    of both parties contained in the DP BO Agreement/Rights & Obligation document
    (R&O) shall remain in operation. There will be no requirement of submitting a fresh
    Account Opening Form or signing a fresh agreement.

    2. In case you do not wish to continue with us, you may open a new account with
    another DP of your choice and transfer the securities in your existing Demat account
    with us to such a new account and close your existing account. Such transfer of
    securities to an identical account (same account holder(s) in the same order of names)
    with another DP will not attract any transaction and account closure charges, if any.

    ● Follow the steps in this link for the account closure process: How do I close
    my Upstox Account?
    ● Follow the steps in this link to know how to view your holding statement:
    What are Demat and T1 Holdings ? - Upstox Help Center
    ● You may view our pricing policy sheet here: Brokerage Charges - STT
    Charges - Demat Charges - Upstox

    Please note: If none of the options mentioned above are exercised by you on or before 7
    March, 2024 the following action will be taken:

    1. Your existing account will be managed by the Assignee DP i.e. Upstox Securities Pvt.
    Ltd.
    2. It will be deemed that you have given consent for the following:
    ● Tariff structure of assignee DP
    ● The balance of securities as mentioned in your login is true and reflects the
    correct balances
    ● The statutory DP-BO Rights & Obligations document would apply to both
    assignee DP and you.

    If your existing Demat account is KYC non compliant, then you are required to fulfill KYC
    requirements, failing which your Demat account will be “frozen for debit” & you will not be
    able to operate your Demat account.

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