To Trading Members and Custodians,
The Exchange has issued notices No. 20220324-55 dated March 24, 2022 and 20220331-59 dated March 31, 2022, wherein it was informed, that only compliant UCCs shall be allowed to place orders w.e.f. July 01, 2022. As defined in the above notices the compliant clients are:
1.Compliant with 6 KYC attributes viz Name, Complete address (including PIN code No. in case of address of India), PAN, valid Mobile number, Valid email-id, Income details/range.
2.Custodian details updated for clients availing custodian services.
3.PAN verification status of the client is Valid.
In view of the above, Trading Members and Custodians are requested to note that only Compliant clients as defined above shall be allowed to place bids in OFS and Tender Offers under Takeovers, Buy Back and Delisting (OTB Segment) w.e.f. July 01, 2022.
Further, Trading Members shall ensure that compliant UCC of self (OWN) and it’s client are updated in Unique Client Code (UCC) system a day prior to the OFS/Tender Offer bidding session.
Trading Members or it’s Clients shall not be able to participate in the bidding session, if the UCC is updated or shall become compliant, on the day of OFS/Tender Offer bidding session and accordingly orders shall not be accepted.
It may be noted, that the UCCs identified as compliant of Capital Market segment by the Exchange at 22.00 hrs. on the previous day shall be considered as permitted to trade for the next bidding day.
Trading Members and Custodians are advised to take note and comply with the above guidelines.
For and on behalf of BSE Ltd.
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Hiteshkumar Desai
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Jyoti Thukral
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Additional General Manager
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Sr. Manager
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Brokers’ Supervision
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Brokers’ Supervision
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