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02nd Dec, 2022

Sub: Mandatory Nomination in DP Accounts (Repeat Circular)

Dear Business Associate,

We would like to bring to your notice that, as per the SEBI directive, all existing eligible trading
and demat account holders will have to register nomination in their accounts by March 31,
2023, failing which the trading and demat accounts will be frozen.

Hence, we are requesting you to get the details of nominee of all your clients registered on a
high priority basis to avoid freezing of account and also to ensure smooth and hassle-free
transfer of shares to nominee of the clients, whenever the need arises.

As you may be aware, the clients can add nominee online through their MO Investor Trader
login.

Click here for the step-by-step process to add nominee.

Where to get the Reports?

1. No Nominee Report – List of those clients where no nominee is registered

(Ignore ‘ClientID’ to get report of ALL clients)

Path: CBOS DP Module View and Reports No Nominee

2. Multi Client Report – List of all clients, with and without Nominee.
(The Nominee names will be blank where there is no Nominee)

Path: CBOS DP Module View and Reports Multi Client

Shortly, we will also be:

➢ Emailing the e-Nomination process directly to the clients with Holding value > 5 lacs, to
client’s registered email id. This will be followed by an SMS.

What are the benefits of Nomination for demat account holders?

➢ Avoid freezing of trading and demat account post 31st March 2023

➢ Hassle-free smooth transfer of shares to the deceased holder’s eligible family members, whenever
the need arises

➢ Nomination can be updated online (necessary after marriage) without having to visit office

➢ Only a PAN card copy of Nominee needs to be attached. No other physical documents to be sent.

➢ The nominee will be updated in two working days.

For further clarification do write to us on query@motilaloswal.com or speak to your customer service

executive.

Issued By: DP Team