| ANNEXURES Annexure-A
Sr. No. |
Corporate
Benefit |
Valuation |
1 |
Dividend |
Member
has to submit the dividend Cheque alongwith rectified company objection. If not submitted,
the rectified objections will not be accepted, the original shares under objection will be
closed out, and the dividend amount will be debited. |
2 |
Bonus |
Bonus
shares or cheque for equivalent value should be submitted alongwith rectified company
objection failing which the rectified objections will not be accepted by the BDC, the
original shares under objection will be closed out, and the equivalent value of benefits
will be debited to the account of IM. |
3 |
Rights-Equity |
Rights
due or cheque/demand draft for equivalent value less rights issue amount should be
submitted alongwith rectified company objection failing which the rectified objections
will not be accepted by the BDC, the original shares under objection will be closed out,
and the equivalent value of benefits will be debited to the account of IM. |
4 |
Rights-FCD,
PCD- convertible part (which are traded on NSE) |
Rights
due or cheque/demand draft for equivalent value less rights issue amount should be
submitted alongwith rectified company objection failing which the rectified objections
will not be accepted by the BDC, the original shares under objection will be closed out,
and the equivalent value of benefits will be debited to the account of IM. |
5 |
Rights-NCD
PCD-Non Convertible Part |
No
Valuation |
6 |
Others
Rights-FCD, PCD convertible part (if not traded on NSE) |
Will be
handled directly between members as is the current practice |
|
IM : Introducing Member First
Introducing Member
RM : Receiving Member last Introducing Member
Computation of equivalent
value : The equivalent value of a scrip will be the closing price of Day 19. The
date of intimation of objection is taken as Day 1. In case there is no trading on Day 19
then the closing price of the day preceding Day 19 on which trading took place will be
taken as equivalent value.
Annexure-B1
Objection Register for BDC of
………………………………. Stock Exchange
The BDC of all Stock Exchanges are
required to maintain Register details in the following format when shares are given for
Intra-Exchange Company Objections :
Format of Register Details when shares
are given out for rectification : (Local Exchange)
BDC Inward
No. |
Date Given
for
rectification |
Receiving
Member Code |
Introducing
Member Code |
Scrip |
No. of
shares |
Date Recd.
after
rectification |
| . |
. |
. |
. |
. |
. |
. |
|
Annexure-B2
Objection Register for BDC of
………………………………. Stock Exchange
The BDC of all Stock Exchanges are
required to maintain Register details in the following format while sending and receiving
shares for Inter-Exchange Company Objections :
Format of Register Details when shares
are sent for rectification to the other Exchange:
BDC
Inward No. |
Stock
Exch. |
Date Sent
(shares for rectification) |
Member code
(First Int Mem of Last Exch) |
Member Code
(First Int Mem of First Exch) |
Scrip |
No. of
shares |
Date Recd.
(rectified shares) |
| . |
. |
. |
. |
. |
. |
. |
. |
|
Format of Register Details when
shares are received for rectification from the other Exchanges:
BDC
Inward No. |
Stock Exch. |
Date Recd.
for rectification) |
Member code
(First Int Mem of Last Exch) |
Member Code
(First Int Mem of First Exch) |
Scrip |
No. of
shares |
Date Sent
(rectified shares) |
| . |
. |
. |
. |
. |
. |
. |
. |
|
Annexure-C
SEBI Good/Bad delivery guidelines :
108. For reporting fake/forged shares as
company objection, the following documents are required :
- If they are returned as objection from the company due to
above reason :
- company objection memo stating that the shares are fake/forged
- copies of both sides of the transfer deeds
- copies of both sides of the share certificates
- Otherwise one of the following documents are required :
- public notice given by the company/registrar
- notification from any stock exchange
- letter of intimation from the company to stock exchange
109. For reporting missing/lost/stolen shares
as company objection the following documents are required :
- If they are returned as objection from the company due to
above reason :
- Company objection memo stating that the shares are
missing/lost/stolen accompanied by a copy of Court Order or FIR
- copies of both sides of the transfer deeds
- copies of both sides of the share certificates
Otherwise one of the following documents are required :
|
