BSE TO ADMIT DEPOSIT BASED MEMBERSHIPS IN THE "CASH & DEBT SEGMENT"
*Open to Individuals & Corporates*

BSE (The Stock Exchange, Mumbai) has decided to invite membership from all over the country in "Cash Segment (Equities & Debt)" against a deposit of Rs.75,00,000/- (Rupees Seventy Five lakhs). The number is restricted to 100 membership.

Deposit based membership will be issued on a first-come-first-serve basis. The membership has exclusive trading rights and no ownership rights of BSE. Individuals and corporates, are eligible to become a member of BSE in accordance with the rules & regulations of the BSE.

The deposit of the members will be subject to a lock in period of three years. Any member desiring to withdraw his membership after such lock in period of three years or at any point thereafter will have to give a one-year notice to that effect to the Exchange.

In addition to the amount of 75 Lakhs (Interest free deposit) the member has to pay the following amounts :

• Base minimum Capital - Rs.10,00,000/-
• Trade Guarantee fund - Rs.10,00,000/-
• Admission Fees (Non refundable) - Rs. 2,50,000/-
• Broker Contingency Fund (Non refundable) - Rs. 2,50,000/-