Regulatory Compliance Archive - Page 2 of 3

Privacy Policy: Religare Broking Limited

Introduction

Religare Broking Limited and internet-based products hosted at www.religareonline.com, respect your privacy and is committed to protect the personal information that you share with Religare Broking Limited. You can browse through some parts of our website without giving any information about yourself. When we do need your personal information to provide services that you request or when you choose to provide your personal information, this policy describes how we collect and use your personal information.

Information Collection
Cookies and Tracking Technology
How We Use Information Collected
Information Sharing and Disclosure
Data Security
Cyber Security
Access to User Data
Disclaimer as to Loss
Changes to this Privacy Policy
Contact Information

Information Collection

Personal information means any information that may be used to identify an individual, including, but not limited to, a first and last name, email address, telephone / mobile number, a home, postal or other physical address, birth date, gender, occupation, PAN No, Aadhar card a valid credit / debit card number, etc., to process payment for products and/or services and such other information when needed to provide a service that you requested.

As you navigate through this site, certain anonymous information can be passively collected (that is, gathered without your actively providing the information) using various technologies, such as cookies, Internet tags or web beacons, and navigational data collection (log files, server logs, clickstream). Your internet browser automatically transmits to this site some of this anonymous information, such as the URL of the web site you just came from and the Internet Protocol (IP) address and the browser version your computer is currently using; the date and time you access the site and the pages that you access while at the site. This information is used to help improve the site, analyze trends and administer the site. This site may also collect anonymous information from your computer through cookies and internet tags or web beacons. You may set your browser to notify you when a cookie is sent or to refuse cookies altogether, but certain features of this site might not work without cookies.

Religare Broking Limited collects personal information when you elect to use www.religareonline.com on a free trial basis or purchase / upgrade an account. Religare Broking Limited only uses such information if it has been collected in accordance with acceptable privacy practices consistent with this Policy and applicable laws.

Note: We will give you the opportunity to “opt out” of receiving direct marketing or market research information. This means we assume you have given your consent to collect and use your
information in accordance with this Policy unless you take affirmative action to opt out at the point of collection. Opt-out is the means by which you give, or decline to give, your consent to use your personal information for the purposes covered by the opt-out choice. In some cases, when applicable, we will provide you with the opportunity to “opt in”. This means we will require your affirmative action to indicate your consent before we use your information for purposes other than the purpose for which it was submitted.

Cookies and Tracking Technology

A cookie is a small data file that certain Web sites write to your hard drive when you visit them. Cookies cannot be used to run programs or deliver viruses to your computer. A cookie file can contain information such as a user ID that the site uses to track the pages you’ve visited, but the only personal information a cookie can contain is information you supply yourself. A cookie can’t read data off your hard disk or read cookie files created by other sites. Cookies save you time, for example, if you personalize a web page, or navigate within a Site; a cookie recalls your specific information on subsequent visits.

www.religareonline.com also uses cookies to track user traffic patterns. We do this in order to determine the usefulness of our website information to our users and to see how effective our navigational structure is in helping users reach that information. You may accept or decline cookies. Most web browsers automatically accept cookies; however you can modify your browser setting to decline cookies.

In addition to cookies, our site uses a variety of technical methods for tracking purposes, which may include web beacons. Web beacons are small pieces of data that are embedded in images on the pages of web sites.

www.religareonline.com also uses these technical methods to analyze the traffic patterns on our web site, such as the frequency with which our users visit various parts of our web site.

How We Use Information Collected

Religare Broking Limited uses personally identifiable information for several general purposes: to fulfill your requests for certain products and services, to keep you up to date on the latest product announcements, software updates, special offers or other information we think you’d like to hear about either from Religare Broking Limited or from our business partners, and to better understand your needs and provide you with better services. We may also use your information to send you promotional materials about goods and services (including special offers and promotions) either offered by Religare Broking Limited or offered by third parties. You may opt out of receiving these communications.

In addition, we may share non-identifiable aggregate information about our users (for example, the percentage of male and female visitors to our site) with advertisers, business partners, and other third parties in an effort to customize or enhance the content and advertising on our website for our users.

Information Sharing and Disclosure

Our web site provides you the opportunity to opt-in to receive communications from Religare Broking Limited when you elect to use our software product on a free-trial basis, or purchase / upgrade an account. Further, when you receive the requested communication, you are given the opportunity to unsubscribe from receiving any future communication or to change your information. Religare Broking Limited reserves the right to send unsolicited information to the users of free accounts From time to time, portfolio managers and financial advisors may look at your data, if you have requested such advice and explicitly provided permission for individuals to observe your personal and financial data, which is otherwise kept private and protected from human interaction as per the rest of this Privacy Policy. Sale of the Business: Should we sell, merge, or transfer any part of our business, part of the sale may include your personal information. If so, you will have the opportunity to ask not to receive promotional information following any change of control.

Data Security

We work to protect your personal information from loss, misuse or unauthorized alteration by using the latest industry-recognized security standards. When you transmit sensitive information to us, such as personal detail or other financial information, it is protected by: 1. A secure Internet connection using secure socket layer (SSL) technology. 2. Encryption during transmission using 128-bit encryption to make your information unreadable as it passes over the Internet.

Your personal information is protected for your privacy and security. Religare Broking Limited safeguards the security and confidentiality of the data you send with physical, technical, and managerial procedures. Please be aware that, despite out best efforts, no security measures are perfect or impenetrable. While we strive to protect your personal information, we cannot ensure the security of the information you transmit, and so we urge you to take every precaution to protect your personal data when you are on the Internet. Change your passwords often, use a combination of letters and numbers, and make sure you use a secure browser.

Our website may contain links to websites operated by other companies. Some of these third-party sites may be co branded with a Religare Broking Limited logo, even though they are not operated or maintained by Religare Broking Limited. Although we choose our business partners carefully, Religare Broking Limited is not responsible for the privacy practices of web sites operated by third parties that are linked to our site. Once you have left our website, you should check the applicable privacy policy of thethird party website to determine how they will handle any information they collect from you.

Cyber Security

RBL never asks for your password under any circumstances. Do not tell your password to others under any circumstances (including mobile phone support operators or mobile phone sales representatives, etc.)
Research any application before downloading it. Just because the name of an app resembles the name of the DYNAMI, don’t assume it is the official RBL trading app. If you have any doubts about any websites or mobile banking applications contact RBL team. Always download App from Google Play Store or Apple App Store.
Never share your OTP and personal information with anyone.
Please use strong passwords that are not easily guessable. Try changing your password regularly.
Avoid using public computers to access RBL websites or apps.

Access to User Data

Religare Broking Limited ensures the privacy of all your data that may be used to identify you such as your personal details as well as all financial and other sensitive data that could be used to link you with your financial information. Religare Broking Limited ensures that there is no interaction by individuals, employees, business partners or suppliers, with your data.

The system may look at the data to obtain information that may be used for better delivery of services and products to you, or for aggregation for better understanding of the Religare Broking Limited community. Such information will be observed by the information system and never by individuals, and will be consistent with the rest of this Privacy Policy and the Terms and Conditions. Such data may be shared with advertisers or business partners or third party vendors but only as an aggregation and not as a means of identifying you personally or linking you with your financial data.

Former Customers: If you are a former customer, we treat your information in the same manner that we treat information about our current customers.

Disclaimer as to Loss

Although, we take appropriate steps to maintain the security of Personal Information we collect from you. But you must understand that the open nature of the Internet is such that data may flow over networks without security measures and may be accessed and used by people other than those for whom the data is intended. Religare Broking Limited assumes no responsibility of whatsoever nature as to make good the losses and damages you may incur, due to privacy and/or security breach of your Personal Information.

Changes to this Privacy Policy

Religare Broking Limited will amend this policy from time to time. If we make any substantial changes in the way we use your personal information we will make that information available by posting a notice on this site.

Contact Information

Religare Broking Limited welcomes your comments regarding this privacy statement. If you believe that Religare Broking Limited has not adhered to this privacy statement, please contact Religare Broking Limited by email at wecare@religareonline.com, and we will use commercially reasonable efforts to promptly determine and remedy the problem, if any.

Rules and Regulations: Religare Broking Limited

Protection of Security Code(s)

The Client shall immediately notify the Member in writing, delivered via-e-mail and Registered AD, if the Client becomes aware of any loss, theft or unauthorized use of the
Client’s Security code (s) and account number or any failure by the Client to receive the confirmation of an execution including the contract note for the same; or any receipt by the Client of confirmation of an order and/or execution which the Client did not place; or any inaccurate information in the Client’s account balances, securities position, or transaction history. In the case where the Client notifies such loss, theft or unauthorized use of the Client’s Security code (s) password and account number to the Member,
it shall suspend the use of the account of the Client, however the Client shall be responsible and liable for all transaction that are carried out by using the Client password. When any of the above circumstances occur, neither the Member nor any of its officers, directors, employees, agents or subsidiaries will have any responsibility or liability to the Client or to any other person whose claim may arise through the Client with respect to any circumstance described above.

Password Protection

We give you a unique user name and two passwords for transaction purposes, which authenticates your identity from our highly secured database. The system also has a feature, which
automatically expires your password in 15 days. This would mean we force you to change your password every fortnight for ensuring high security for all your transactions. You can also change your password online at any time. In addition, you can use the Log Off button located throughout the site to securely exit your account without closing your browser.

Internet Scanners and Intrusion Detection System

The system maintains a database of attack signatures which is continuously updated and against which it will scan all incoming traffic to detect any malicious activity or hacking attempts into the site. In the event of a possible attack, it will terminate that session, log the attack details and also alert the administrator.

Identity Protection

Please do not reply/respond to any communication, including email, SMS or phone call informing you that your accounts will be closed unless you provide your personal information by responding to such communication or other email address/website/mobile number/phone number, or any communication requiring furnishing of any information personal or otherwise, and representing to be from RSL.

Avoid sending or furnishing personal and financial information on email. Also prior to providing any information (financial or personal) on a website, verify the bonafides of the website, its address and of the owners/operators of such websites. Make sure that the URL (Uniform Resource Locator) that appears in the “address” or “location” box on your browser window is the one you wish to access.

Surveillance

Religare has a very scientific risk management system in place. The company has a separate surveillance and monitoring department, where highly efficient and experienced personnel are in charge of close monitoring of terminal operations throughout the trading hours. Each and every branch/franchisee is under continuous watch as regards exposures, margins, timely payment of cash and shares, turnover, mark to market profits/losses and so on. In case of orders specifically marked as Intraday, Religare may cut intraday position of client, to ensure that the client’s doesn’t face any auction due by buyer’s freeze, on the event of share price reaching predefined percentage limits.

If you do not agree to any of the terms mentioned in this agreement, you should exit the site.

Technical Glitches

S.No.	Date of Technical Glitch	Disclosure
1	10th Feb 2026	View Report
2	10th Dec 2025	View Report

Terms & Conditions: Religare Broking Limited

Equity

Religare Broking Ltd. (RBL) maintains www.religareonline.com (hereinafter referred to as the “Website”) and owns, has the license to use or otherwise has the right to use, free of any pending or threatened liens, all content, graphics, HTML and CGI or other scripts displayed and used on the Website.

THE USE OF THE WEBSITE BY THE CUSTOMER SHALL MEAN THAT HE/SHE AGREES WITH THE FOLLOWING TERMS OF USE.

RBL has launched and established an online trading service on the Website (hereinafter referred to as the “Service”). RBL has exclusive and sole discretion to select the Customers who would be entitled to use access and benefit out of the Service. RBL also reserves the absolute right and discretion to decide on the criteria for selecting the Customers to participate in the Service offered hereunder.
The offering of the Service is subject to the requisite permissions, approvals, licenses and any other clearance from the appropriate regulatory authority viz., Securities and Exchange Board of India, National Stock Exchange of India Limited, The Stock Exchange, Mumbai and any other relevant authority that may be the regulatory authority of the Service.
The Service offered by RBL envisages a Customer opening a Trading account.
This Service on the Website does not constitute an offer to sell or a solicitation to any person in any jurisdiction where it is unlawful to make such an offer or solicitation. This Service is not intended to be any form of an investment advertisement, investment advice or investment information and has not been registered under any securities law of any foreign jurisdiction and is only for the information of any person in any jurisdiction where it may be lawful to provide such information, otherwise the same shall not be considered an information. The distribution of this Service or content in other jurisdictions may be restricted by law and the persons who access the Service should inform themselves about, and observe any such restrictions.By accessing and surfing this Website, the Customer agrees to be bound by the foregoinglimitations.
No information, market analysis, research report, etc. on the Website is to be construed as a representation with respect to shares, securities or other investment regarding the legality of an investment therein under the respective applicable investment or similar laws or regulations of any person or entity accessing the Website.
This Service is provided on an “As Is” basis. RBL and its Affiliates disclaim any warranty of any kind, imputed by the laws of any jurisdiction, whether express or implied, as to any matter whatsoever relating to the Service, including without limitation the implied warranties of merchantability, fitness for a particular purpose, and non infringement. RBL and the Service and the Offer are subject to the jurisdiction only of the courts of the Republic of India at Delhi.
Use of the Service is at any persons, including a Customer’s own risk. The data and information provided on the Website is not advice, professional or otherwise, and should not be relied upon as such. Neither the information, nor any opinion contained in this Website constitutes a solicitation or offer by RBL to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service. RBL or their employees have or may have an outstanding buy or sell position or holding in the securities, options on securities or other related investments of issuers and companies mentioned herein. The investments discussed or recommended in the market analysis, research reports, etc. may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advisors as they believe necessary. Information herein is believed to be reliable but RBL does not warrant its completeness or accuracy. The content of the articles and the interpretation of data are solely the personal views of the contributors and do not in any way reflect the views of RBL. Users are advised to peruse the articles and other data in the Website only as information and to rely on their own judgment when making investment decisions.
Neither RBL nor its Affiliates shall be precluded from making any contract or entering into any arrangement or transaction with the companies mentioned herein or with itself in the ordinary course of business or from undertaking any banking, financial or agency services for the companies or for itself or from underwriting or guaranteeing the subscription of or placing or subscribing for or otherwise acquiring, holding or dealing with any of the stocks or shares or debentures or debenture stocks or any other securities whatsoever of the companies or in which the companies may be interested, either with or without a commission, or other remuneration or otherwise, at any time entering into any contract of loan or deposit or any other contract or arrangement or transaction with the companies or being concerned or interested in any such contract or arrangement or transaction which any other company or person would be entitled to enter into with the companies and they shall not be in anyway liable to account either to the companies or any person visiting or accessing the Website including a Customer of the Service for any profits made by them thereby or in connection therewith a and the RBL or its owner or Affiliate shall also be allowed to retain for their or his own benefit any customary share of brokerage, fee, commission, interest, discount or other compensation or remuneration allowed to them.
RBL along with its directors, employees, associates or other representatives and its Affiliates along with its directors, employees, associates or other representatives shall not be liable for damages or injury arising out of or in connection with the use of the Website or its non-use including non-availability, compensatory, direct, indirect or consequential damages, loss of data, income or profit, loss of or damage to property (including without limitation loss of profits, loss or corruption of data, loss of goodwill, work stoppage, computer failure or malfunction, or interruption of business; under any contract, negligence, strict liability or other theory arising out of or relating in any way to the Website, site-related services, or any products or services and claims of third parties damages or injury caused by any performance, failure of performance, error, omission, interruption, deletion, defect, delay in operation or transmission, computer virus, communications line failure, theft or destruction or unauthorised access to, alteration of, or use of information, whether resulting, in whole or in part, from or relating to any of the services offered or displayed by RBL on the Website.
RBL makes no guarantees or representations as to, and shall have no liability for, any electronic content delivered by any third party, including, without limitation, the accuracy, subject matter, quality or timeliness of any electronic content on the Website. RBL shall not be responsible for the contents of any linked site or any link contained in a linked site, or any changes or updates to such sites. The links being provided to the Customer are only for convenience, and the inclusion of any link does not imply endorsement by RBL of the site, or its content or the sponsoring organisation. By providing access to other websites, RBL is not recommending the purchase or sale of the securities issued by it nor is it an endorsement of services provided by its sponsoring organisation.
The maximum liability of RBL and its Affiliates to the Customer shall be subject to the amount of fees paid by the Customer for the services that he/she may have availed of through the Website or in pursuance of the Offer or the Service.
RBL shall not be liable for any misrepresentation, falsification, and deception or for any lack of availability of services through the Website, even if the same are advertised for on the Website.
No judgment or warranty or representation is made with respect to the accuracy, timeliness, or suitability of the content of other services or sites to which these screens link, and RBL shall not be responsible therefore.
RBL shall not be liable if the Customer downloads any information or software from this Website. Further, RBL or its Affiliates shall not be liable if the Customer makes a copy, modifies, uploads, downloads, transmits, (re) publishes it or removes or obscures any intellectual property, including trademarks, copyright or other notices or legends contained in any such information or otherwise distributes any service or content from this Website. RBL shall not bear the responsibility if the Customer modifies or uses the content or services he/she gets from this Website for any purpose other than those permitted, and in doing so violates the intellectual property including trademarks, copyright and other proprietary rights of RBL.

Commodity

Religare Commodities Ltd. (RCL) maintains www.religareonline.com (hereinafter referred to as the “Website”) and owns, has the license to use or otherwise has the right to use, free of any pending or threatened liens, all content, graphics, HTML and CGI or other scripts displayed and used on the Website.THE USE OF THE WEBSITE BY THE CUSTOMER SHALL MEAN THAT HE/SHE AGREES WITH THE FOLLOWING TERMS OF USE.

RCL has launched and established an online trading service on the Website (hereinafter referred to as the “Service”). RCL has exclusive and sole discretion to select the Customers who would be entitled to use, access and benefit out of the Service. RCL also reserves the absolute right and discretion to decide on the criteria for selecting the Customers to participate in the Service offered hereunder.
The offering of the Service is subject to the requisite permissions, approvals, licenses and any other clearance from the appropriate regulatory authorities viz. National Commodities Derivatives Exchange of India (NCDEX) and Multi Commodities Exchange of India (MCX) and any other relevant authority that may be the regulatory authority of the Service.
The Service offered by RCL envisages a Customer opening a Trading account.
This Service on the Website does not constitute an offer to sell or a solicitation to any person in any jurisdiction where it is unlawful to make such an offer or solicitation. This Service is not intended to be any form of an investment advertisement, investment advice or investment information and has not been registered under any law of any foreign jurisdiction and is only for the information of any person in any jurisdiction where it may be lawful to provide such information, otherwise the same shall not be considered an information. The distribution of this Service or content in other jurisdictions may be restricted by law and the persons who access the Service should inform themselves about, and observe, any such restrictions.
By accessing and surfing this Website, the Customer agrees to be bound by the foregoing limitations.No information, market analysis, research report, etc. on the Website is to be construed as a representation with respect to the commodities or other investment regarding the legality of an investment therein under the respective applicable investment or similar laws or regulations of any person or entity accessing the Website.
This Service is provided on an “As Is” basis. RCL and its Affiliates disclaim any warranty of any kind , imputed by the laws of any jurisdiction, whether express or implied, as to any matter whatsoever relating to the Service, including without limitation the implied warranties of merchantability, fitness for a particular purpose, and non infringement. RCL and the Service and the Offer are subject to the jurisdiction only of the courts of the Republic of India at Delhi.
Use of the Service is at any persons, including a Customer’s own risk. The data and information provided on the Website is not advice, professional or otherwise, and should not be relied upon as such. Neither the information, nor any opinion contained in this Website constitutes a solicitation or offer by RCL to buy or sell any of the commodities, futures, options or provide any investment advice or service. RCL or their employees have or may have an outstanding buy or sell position or holding in the commodities , options on commodities or other related investments of issuers and companies mentioned herein. The investments discussed or recommended in the market analysis, research reports, etc. may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advisors as they believe necessary. Information herein is believed to be reliable but RCL does not warrant its completeness or accuracy. The content of the articles and the interpretation of data are solely the personal views of the contributors and do not in any way reflect the views of RCL. Users are advised to peruse the articles and other data in the Website only as information and to rely on theirown judgment when making investment decisions.
RCL along with its directors, employees, associates or other representatives and its Affiliates along with its directors, employees, associates or other representatives shall not be liable for damages or injury arising out of or in connection with the use of the Website or its non-use including non-availability, compensatory, direct, indirect or consequential damages, loss of data, income or profit, loss of or damage to property (including without limitation loss of profits, loss or corruption of data, loss of goodwill, work stoppage, computer failure or malfunction, or interruption of business; under any contract, negligence, strict liability or other theory arising out of or relating in any way to the Website, site-related services, or any products or services and claims of third parties damages or injury caused by any performance, failure of performance, error, omission, interruption, deletion, defect, delay in operation or transmission, computer virus, communications line failure, theft or destruction or unauthorized access to, alteration of, or use of information, whether resulting, in whole or in part, from or relating to any of the services offered or displayed by RCL on the Website.
RCL makes no guarantees or representations as to, and shall have no liability for, any electronic content delivered by any third party, including, without limitation, the accuracy, subject matter, quality or timeliness of any electronic content on the Website. RCL shall not be responsible for the contents of any linked site or any link contained in a linked site, or any changes or updates to such sites. The links being provided to the Customer are only for convenience, and the inclusion of any link does not imply endorsement by RCL of the site, or its content or the sponsoring organization. By providing access to other websites, RCL is not recommending the purchase or sale of the commodities issued by it nor is it an endorsement of services provided by its sponsoring organization.
RCL shall not be liable for any misrepresentation, falsification, and deception or for any lack of availability of services through the Website, even if the same are advertised for on the Website.
No judgment or warranty or representation is made with respect to the accuracy, timeliness, or suitability of the content of other services or sites to which these screens link, and RCL shall not be responsible therefore.
RCL shall not be liable if the Customer downloads any information or software from this Website. Further, RCL or its Affiliates shall not be liable if the Customer makes a copy, modifies, uploads, downloads, transmits, (re) publishes it or removes or obscures any intellectual property, including trademarks, copyright or other notices or legends contained in any such information or otherwise distributes any service or content from this Website. RCL shall not bear the responsibility if the Customer modifies or uses the content or services he/she gets from this Website for any purpose other than those permitted, and in doing so violates the intellectual property including trademarks, copyright and other proprietary rights of RCL.

Disclaimer: Religare Broking Limited

Equity, Currency and Commodity – RBL

All efforts have been made to provide the most comprehensive and accurate information on this site. The information and materials have been made available keeping our clients interest in mind. The information and materials are however, subject
to change without prior notice. RELIGARE BROKING LIMITED does not make warranties or representations of any kind, express or implied about the accuracy, adequacy or completeness of this information and materials and expressly disclaims liability
for any errors or omissions or delays in updating this information and materials. Prices and reports taken from mandis are through oral interaction with mandi traders. Religare Broking uses that information in good faith and is not in any
manner supporting / vouching for its accuracy and correctness. In no event will RELIGARE BROKING LIMITED be liable for any damages, including without limitation direct or indirect, special, incidental, or consequential damages, losses or expenses
arising in connection with this site or use thereof or inability to use by any party, or in connection with any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus or line or system
failure. RELIGARE BROKING LIMITED does not warrant that your access to the site will be uninterrupted or error free, that defects will be corrected, or that the site or the server that makes it available is free of viruses or other harmful
components. Access to and use of this site and the information is at your risk and RBL does not undertake any accountability for any irregularities, viruses or damage to any computer that results from accessing, availing or downloading of
any information from this site. Price and availability of products and services offered on the site are subject to change without any prior notice.

Investments in the securities market are subject to market risks, read all the related
documents carefully before investing. Religare Broking Limited (CIN: U65999DL2016PLC314319) Registered Office: Religare Broking Limited 802 -815B, 8th Floor, Gopal Das Bhawan, 28-Barakhamba Road, Connaught Place, New Delhi – 110001. Board
line number: +91-011-49871213, Fax No. +91-011-49871189. Member Religare Broking Limited (RBL) : SEBI Regn. No. INZ000330135 NSE CM, F&O, CD TM Code: 06537 Clearing Member (F&O) No. M50235; BSE CM, F&O, CD, CO Code: 3004 Clearing
No: 3004; MSE CM, F&O, CD, TM Code: 1051| MCX Membership No. 56560 | NCDEX Membership No. 01276 | AMFI ARN No.139809. Depository Participant : Religare Broking Limited (RBL) – NSDL: DP ID: IN 301774 | SEBI Regn. No: IN-DP-385-2018 | CDSL
DP ID: 30200 | SEBI Regn. No: IN-DP-385-2018. Research Analyst: Religare Broking Limited (RBL) – SEBI Regn. No: INH100006977 Brokerage will not exceed the SEBI prescribed limit.

As per directions issued by Exchanges / SEBI and based on our internal policy for Handling Technical Glitches to prevent business disruptions & Standard Operating Procedures (SOP) in case of incident of Technical Glitches, the Company has defined
the Recovery Time Objective (RTO) of 2 hours and Recovery Point Objective (RPO) is less than 15 minutes as provided by the processes during Business Impact Analysis, during peak time when the markets are up and running.

Disclaimer for Non-Broking Products / Services

Religare Broking Limited (“RBL”) is acting as distributor of Mutual Funds / IPOs / Insurance / Bonds & NCDs / Corporate FDs etc. and providing services of Depository Participant, Research Analyst as a SEBI registered intermediary,
NPS Services as a registered Point of Presence (POP) with PFRDA, Insurance as a registered Composite Corporate Agent with IRDA and TIN-FC Services as an empaneled service provider with NSDL e-Governance Infrastructure Limited. RBL is also
a referrer, referring clients to other entities for PMS services, Insurance Products etc. These are not exchange traded products/services. All disputes with respect to the distribution/service/referral activity of RBL other than Broking,
would not have access to Exchange investor redressal forum or Arbitration mechanism.

Disclaimer for Corporate Insurance Agent Services

Religare Broking Limited (“RBL”) (Registration No: CA0581), having its registered office at 802 -815B, 8th Floor, Gopal Das Bhawan, 28-Barakhamba Road, Connaught Place, New Delhi – 110001, is acting in the Capacity of Corporate Agent
for ICICI Lombard General Insurance Company Limited, Bajaj Allianz Life Insurance Company Limited, ICICI Prudential Life Insurance Company Limited, HDFC Life Insurance Company Limited, Care Health Insurance Limited (Formerly Religare Health
Insurance Company Limited), Go Digit General Insurance Limited, HDFC ERGO General Insurance Company Limited, Aditya Birla Health Insurance Company Limited and Bajaj Allianz General Insurance Company Limited under the Composite Registration
Number as mentioned above. The contract of insurance is with the above mentioned Insurance Companies, who are liable for all valid claims on the policy. All Insurance Products are obligations only of the Insurance Companies. Religare Broking
Limited customer’s participation in the policy is entirely voluntary. All claims under the policy will be solely decided upon by the Insurance Companies. RBL holds no warranty and does not make any representation about the quality of claims
processing and shall not be responsible for claims, recovery of claims, or for processing of or clearing of claims, in any manner whatsoever. Tax benefits are as per the prevailing tax laws. Tax laws are subject to changes. Please consult
your tax advisors for details. Please read the policy terms and conditions as per policy document for further details.

Disclaimer for NRIs / Investors Residing in Foreign Jurisdictions

The content / product / services on our website or by any other means of communication made available to you by Religare Broking Ltd is provided solely to enable investors to make their own investment decisions and does not constitute
an offer for solicitation of business from recipients residing in countries / jurisdictions where such activities are prohibited or have restrictions on solicitation of business by foreign broker-dealers and the same may be ignored by
such recipients. The content / product / services on our website is not intended to be any form of an investment advertisement, investment advice or investment information and has not been registered under any securities law of any foreign
jurisdiction and is only for the information of persons in jurisdictions where it may be lawful to offer such content / product / services. Eligible Clients / Investors may avail investment or dealing services on an unsolicited basis but
should consult their tax / financial / legal advisor regarding any statutory / reporting requirements or tax liabilities they might be subject to. Religare Broking Limited does not provide tax / investment / legal advice. Clients availing
investment or dealing services must ensure compliance with the relevant SEBI, RBI rules and regulations etc. as well as applicable foreign laws.”

Research Disclaimer

Research Disclaimer and Disclosure inter-alia as required under Securities and Exchange Board of India (Research Analysts) Regulations, 2014

RELIGARE BROKING LIMITED (“RBL”) (“Research Entity”) is a SEBI Registered Research Analyst having registration no. INH100006977. RBL is into the business of Stock Broking, Depository Participant, Mutual Fund Distributor, Corporate
Agent for insurance distribution and Sub-Syndicate for public issue of securities. RBL is registered with the Securities & Exchange Board of India (SEBI) and is a registered Trading Member with National Stock Exchange of India
Ltd. (NSE) and Bombay Stock Exchange Limited (BSE), Metropolitan Stock Exchange of India Limited (MSE), Multi Commodity Exchange of India Limited (MCX) and National Commodity & Derivatives Exchange Limited (NCDEX) for its stock
broking activities & is Depository participant with Central Depository Services Limited (CDSL), National Securities Depository Limited (NSDL) and is member of Association of Mutual Funds of India (AMFI) for distribution of
financial products and Insurance Regulatory & Development Authority of India (IRDA) as Corporate Agent for insurance products.
Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
The securities quoted are for illustration only and are not recommendatory.
Registration granted by SEBI, membership of BSE Ltd. (RAASB) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
Terms of use: This report/analysis/call/scorecard (by whatever name called) (hereinafter collectively “Research”) has been prepared/ made pursuant to Research made by the Research Analysts is neither a solicitation
nor a recommendation to buy/sell any security (as defined under section 2(h) of Securities Contracts (Regulation) Act, 1956). The views provided herein are general in nature and do not take into account the particular investment
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and in so far as it includes current or historical information, it is believed to be reliable though its accuracy or completeness cannot be guaranteed. RBL does not provide any promise or assurance of favorable view for a particular
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own professional advice before investment. RBL and its associates, subsidiaries and associated companies, their directors and employees and/or its associates (hereinafter referred as Religare) will not treat recipients as customers/
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only and is not intended to be and must not alone be taken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. Religare, does not, accepts any liability arising from the
use of this information. Each recipient of this report should make such investigation as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including
the merits and risks involved), and should consult his own advisors to determine the merits and risks of such investment. The investment discussed or views expressed may not be suitable for all investors. RBL may have issued other
reports that are inconsistent with and reach different conclusion from the information presented in this report. The price and value of the securities referred to in this Research call may go up or down. Past performance is not
a guide for future performance. Certain transactions-including those involving futures, options and other derivatives involve substantial risk and are not suitable for every investor. Research based on technical analysis centers
on studying charts of price movement and trading volume, as opposed to focusing on fundamentals and as such, may not match with Research based on fundamentals. Opinions expressed are our current opinions as of the date appearing
on this Research only. We do not undertake to advise you as to any change of our views expressed in this Research. Research reports / recommendations may differ between RBL’s RAs and/or RBL’s associate companies on account of differences
in research methodology, personal judgment and difference in time horizons for which recommendations are made. User should keep this risk in mind and not hold RBL, its employees and associates responsible for any losses, damages
of any type what so ever. RBL and its associates or its officers, directors and employees, research analyst (including relatives) may: (a) from time to time, have long or short positions in, and buy or sell the investments in /
securities of company (ies) mentioned herein or (b) be engaged in any other transaction involving such investments / securities and earn brokerage or other compensation or act as a market maker in the financial instruments of the
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Disclosure: We submit that no material disciplinary action has been taken on RBL by any Regulatory Authority impacting Equity Research Analysis activities since registration as a Research Analyst. We further declare
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Statements on ownership and material conflicts of interest, compensation – RBL and Associates:List of Associates
RBL or its associates may have financial interest in the subject company; however the same shall have no impact whatsoever on the specific recommendations made by the analyst(s) in the research report.
RBL does not have actual/beneficial ownership of 1% or more securities of the subject company(ies) at the end of the month immediately preceding the date of publication of Research Report. Associates of RBL may have actual/beneficial
ownership of 1% or more securities of the subject company(ies) at the end of the month immediately preceding the date of publication of Research Report; however the same shall have no impact whatsoever on the specific recommendations
made by the analyst(s) in the research report.
RBL does not have any other material conflict of interest at the time of publication of the research report or at the time of public appearance. Associates of RBL may have potential/material conflict of interest with respect to any
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RBL or its associates may have received any compensation from the subject company in the past twelve months for services provided in the normal course of business; however the same shall have no impact whatsoever on the specific recommendations
made by the analyst(s) in the research report.
RBL or its associates have not managed or co-managed public offering of securities for the subject company in the past twelve months.
RBL or any of its associates may have received any compensation for brokerage services from the subject company in the past 12 months; however the same shall have no impact whatsoever on the specific recommendations made by the analyst(s)
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RBL or its associates may have received any compensation for products or services other than brokerage services from the subject company in the past twelve months; however the same shall have no impact whatsoever on the specific recommendations
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RBL or any of its associates have not received any compensation or other benefits from the subject company(ies) or third party in connection with the research report. Accordingly, neither RBL nor Research Analysts have any material
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RBL has not engaged in market making activity for the subject company(ies).The analyst(s) for this report certifies that all of the views expressed in this report accurately reflect his or her personal views about the subject company
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Statements on ownership and material conflicts of interest, compensation– Research Analyst (RA) [Please note that only in case of multiple RAs, if in the event answers differ inter-se between the RAs, then RA specific answer with respect
to questions under F (a) to F (j) below, are given separately]

S.No.	Statement	Answer
		Tick Appropriate
		Yes/No
a.	I/we or any of my/our relative has any financial interest in the subject company? [If answer is yes, nature of Interest is given below this table]	No
b.	I/we or any of my/our relatives, have actual/beneficial ownership of one percent or more securities of the subject company, at the end of the month immediately preceding the date of publication of the research report or date of the public appearance?	No
c.	I / we or any of my/our relative, has any other material conflict of interest at the time of publication of the research report or at the time of public appearance?	No
d.	I/we have received any compensation from the subject company in the past twelve months?	No
e.	I/we have managed or co-managed public offering of securities for the subject company in the past twelve months?	No
f.	I/we have received any compensation for brokerage services from the subject company in the past twelve months?	No
g.	I/we have received any compensation for products or services other than brokerage services from the subject company in the past twelve months?	No
h.	I/we have received any compensation or other benefits from the subject company or third party in connection with the research report?	No
i.	I/we have served as an officer, director or employee of the subject company?	No
j.	I/we have been engaged in market making activity for the subject company?	No

Nature of Interest ( if answer to F (a) to F(j) above is Yes : ………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………..

Name(s) with Signature(s) of RA(s). Please note that only in case of multiple RAs and if the answers differ inter-se between the RAs, then RA specific answer with respect to questions under F (a) to F(j) above , are given below S.No.Name(s) of RA.Signature(s)
of RA.Serial Question of question which the signing RA needs to make a separate declaration / answerYesNo

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Details of Client Bank Accounts of Religare Broking Limited

S.No.	Name of Bank	Bank Account number	IFSC	Purpose / Remarks
1	AXIS BANK LTD	126010200013864	UTIB0000126	Upstreaming client bank a/c for client fund collection
2	HDFC BANK LTD	57500000129319	HDFC0000003	Upstreaming client bank a/c for client fund collection
3	HDFC BANK LTD	00030340001877	HDFC0000003	Upstreaming client bank a/c for client fund collection
4	ICICI BANK LTD	000705004325	ICIC0000007	Upstreaming client bank a/c for client fund collection
5	INDUSIND BANK	200000156066	INDB0000001	Upstreaming client bank a/c for client fund collection
6	UNION BANK OF INDIA	307801010917742	UBIN0530786	Upstreaming client bank a/c for client fund collection
7	State Bank of India	43209294018	SBIN0011777	Upstreaming client bank a/c for client fund collection
8	AU SMALL FINANCE BANK LTD	2402248561263319	AUBL0002485	Upstreaming client bank a/c for client fund collection
9	Kotak Bank Ltd.	3549270187	KKBK0005032	Upstreaming client bank a/c for client fund collection
10	IDBI Bank Ltd.	0011102000088266	IBKL0000011	Upstreaming client bank a/c for client fund collection
11	HDFC BANK LTD	57500000197774	HDFC0000003	Upstreaming client bank a/c for set aside funds
12	HDFC BANK LTD	57500000476457	HDFC0000003	Upstreaming client bank a/c for unsolicited SMSs

View your collateral details placed with CC

How to verify the collateral details reported by Religare Broking Ltd ?

As per regulatory requirements , Religare Broking Ltd , as the clearing member, is mandated to report detailed client collateral information to the Clearing Corporations (CCs)—NSE Clearing Limited (NCL) for equities and MCX Clearing Corporation Limited (MCXCCL) and National Commodity Clearing Limited (NCCL) for commodities

You can view your reported collateral details at the following links:
NCL Link : https://investorhelpline.nseclearing.in/ClientCollateral/welcomeCLUser
NCCL Link : https://ncdex.com/subscriber/login
MCXCCL Link : https://clientreports.mcxccl.com/#/

The clearing corporation also sends email and SMS alerts to inform you about the allocation of funds, ensuring transparency of your assets held with the clearing member.

Screen Reader Access

Sr.No.	Screen Reader	Website	Free / Commercial
1	Screen Access For All (SAFA)	safa-reader.software.informer.com	Free
2	Non Visual Desktop Access (NVDA)	nvda-project.org	Free
3	System Access To Go	satogo.com	Free
4	Thunder	screenreader.net	Free
5	Hal	yourdolphin.co.uk	Commercial
6	JAWS	freedomscientific.com	Commercial
7	Supernova	yourdolphin.co.uk	Commercial

Advisory – KYC Compliance

All investors are requested to take note that 6 KYC attributes i.e. Name, PAN, Address, Mobile Number, Email id and Income Range have been made mandatory. Investors availing custodian services will be additionally required to update
the custodian details.
The last date to update KYC is on or before June 30, 2022.
Thereafter non-compliant trading accounts will be blocked for trading by the Exchange.
The non-compliant demat accounts will be frozen for debits by Depository Participant or Depository.
On submission of the necessary information to the stockbroker and updation of the same by the stockbroker in the Exchange systems and approval by the Exchange, the blocked trading accounts shall be unblocked by the Exchange on T+1
trading day.
The demat account shall be unfreezed once the investor submits the deficient KYC details and the same is captured by the depository participant in the depository system.
To ensure smooth settlement of trades, the investors are requested to ensure that both the trading and demat accounts are compliant with respect to the KYC requirement.
The investors are hereby requested to comply with the regulatory guidelines issued by Exchanges and Depositories from time to time with regard to KYC compliance and related requirements
To read the “Risk Disclosure” published by the regulator regarding risks involved in derivative trading, click here

Kindly Click here
go through the attached circular

Demat Account Faqs

How much money is required to open a Demat account?

The initial amount required for demat account opening varies from broker to broker. Some may offer free account opening, while others might charge a nominal fee. Know more about Documents Required for Demat Account

How do I open a Demat account?

Opening a Demat account involves

choosing a DP or broker,
filling out an account opening form, and
submitting necessary KYC documents.

Once your application is processed and approved, you’ll receive a unique client ID, marking your account as active. Know more about the demat account opening process .

How to open a joint demat account with Religare Broking?

To open a joint demat account with Religare Broking, both parties must fill out the account opening form and provide their individual KYC documents. After submission and verification of documents, the joint account is set up. Both parties will have access to this account. Know more about How to Open a Joint Demat Account .

Can a NRI open a demat account in India?

Certainly, a Non-Resident Indian (NRI) can open a demat account in India. The account can be opened as an NRE (Non-Residential External) or an NRO (Non-Residential Ordinary) account. However, it’s important to note that the securities bought or sold through these accounts must comply with foreign exchange regulations. Know more about Documents Required for NRI Demat Account

How do you transfer one demat account to another?

Transferring securities from one demat account to another is facilitated through a Debit Instruction Slip (DIS). You need to fill out this slip indicating the details of the securities to be transferred and the target demat account. Post verification, the securities are transferred to the target account. Know in detail about How to Transfer One Demat Account to Another .

Can a minor open a Demat account?

A minor can have a Demat account, but it must be opened and operated by a legal guardian until the minor reaches 18 years of age. The guardian needs to fulfil all KYC requirements. Upon reaching majority age, the account ownership can be transferred to the individual. Know more about What is a Minor Demat Account .

What is the offline demat account opening process?

The offline process of opening a demat account involves visiting the office of your chosen Depository Participant (DP) or broker. You need to fill out a physical account opening form, submit necessary KYC documents, and sign an agreement detailing the rights and duties of both parties. Once these steps are completed, your demat account is set up.

Does Religare brokerage offer a zero brokerage demat account?

Some brokers, including Religare, may offer zero brokerage plans, where the brokerage charge on trades is either very low or eliminated. However, it’s important to check the specifics of these plans, as other charges like AMC or transaction charges may still apply.

How are commission fees calculated for trades?

Commission fees on trades are usually calculated as a percentage of the trade value. The exact percentage can vary between brokers and types of trades (intraday, delivery, futures, options, etc.). Some brokers might also have a minimum brokerage fee per trade.

Who needs a Demat account?

A Demat account is needed by anyone who wants to buy or sell shares, bonds, mutual funds, or any other securities in India. It’s especially useful for individuals who trade frequently, as it allows for seamless transfer of securities and keeps track of all your investments in one place.

What are the key features to compare a demat account?

When comparing demat accounts, consider factors like annual maintenance charges, transaction charges, service quality, the user interface of the trading platform, and additional services offered. Also, check if the depository participant is registered with SEBI and the type of customer support they provide. Know more about demat account .

What is the difference between a demat and a trading account?

A Demat account holds the securities you own electronically, while a trading account is used to buy or sell securities in the stock market. Simply put, a trading account is for transactions, and a demat account is for storing the purchased securities. Know more about Difference Between Demat and Trading Account

Which Demat is best for beginners?

The best demat account for beginners would be one that offers easy-to-understand platforms, low brokerage charges, good customer support, and educational resources about trading and investing. Many brokers in India provide such services, so it’s advisable to research and choose one that fits your needs the best. Know more about How to Choose Best Demat Account

What are the advantages of having a Demat account?

Having a demat account brings numerous advantages. It eliminates the risks associated with physical certificates, such as loss, theft, or damage. It makes buying, selling, and transferring securities fast and efficient. Additionally, it allows you to hold all your investments in one place, making portfolio management easier. Know in detail about Benefits of Demat Account .

What is the disadvantage of demat?

One potential disadvantage of a demat account could be its associated cost. Most DPs charge fees for account opening, annual maintenance, and transactions. Additionally, unauthorised transactions are risky if your account credentials are compromised. However, these risks can be mitigated by choosing a cost-effective broker and following good cybersecurity practices.

What are the two types of Demat accounts?

There are two main types of demat accounts: Regular Demat accounts and Basic Services Demat Accounts (BSDA). A regular Demat account is for Indian residents, while the BSDA is designed for small investors with holdings worth less than Rs. 2 lakh. Know in detail about Types of Demat Account

Is Demat tax-free?

A demat account itself is not taxed, but its transactions may be subject to taxes. For instance, capital gains tax applies when you sell securities at a profit. Also, dividends received in the demat account are taxable as per the applicable rates. Know in detail about Tax Implications on Demat Account .

Can I invest without demat?

While a demat account is mandatory for trading stocks and ETFs, it’s not required for all investments. For instance, you can invest in mutual funds, fixed deposits, or bonds directly through banks or asset management companies without needing a demat account.

I forgot my password. How to get it?

If you forget your password, use the ‘Forgot Password’ option, usually available on the login page. You’ll need to verify your identity, often through your registered email or mobile number. After verification, you’ll be able to reset your password.

Can I delete my Demat account?

Yes, you can close your demat account at any time. You must submit an account closure request form to your DP or broker to do so. Remember to transfer any existing securities to another account before proceeding with the closure.