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Pace Stock Broking Services Pvt. Ltd provides you a safe and convenient alternative of holding your securities in electronic form instead of physical form. Our depository services enable you to convert / transfer your securities in electronic form. While opting for the conversion, you retain all the rights and benefits of ownership and eliminate all hassles caused by events such as loss/mutilation of physical certificates, postal delays, loss in transit and counterfeiting.


RISK MANAGEMENT MEASURES

In addition to the security features offered by NSDL, we offer you the following risk management measures through our back-office systems:


Pre-Numbered Instruction Slip Books
When you open an account, we issue to you a serially numbered instructions slip book. These unique serial numbers are recorded in our system. Every subsequent instruction for transfer is validated by the system against these numbers to protect your investments against fraudulent transfers.

DEMATERIALISATION
Dematerialisation is the process by which, an investor’s holdings via physical certificates are converted to an equivalent number of securities in electronic form and credited to the investor's account with his Depository Participant.

Procedure
You are required to submit the physical share certificate(s) along with a Dematerialisation Request Form duly filled and signed.

We send the shares to the concerned company/registrar/transfer agent. Upon receipt of approval from the concerned authorities, the securities are credited to the beneficiary immediately. Any objection raised by the company will be forwarded to you for clarification/modification.

REMATERIALISATION

If one wishes to convert his holding from electronic form to physical one, he can apply for rematerialisation and get the holding converted to physical certificates.


TRADE PROCESSING
Once an account is opened with a Depository Participant, you can buy/sell and transfer/deliver shares in the electronic form. You have to provide details of your beneficiary account to your broker for crediting shares to your account with the DP.

We shall act only on valid instructions from the investor. In case Investor A has purchased from Investor B on the segment, Investor A will be required to provide clearly the securities account from where the credit is expected (in this case, Investor B). We will provide the necessary instruction format. In the same manner, the investor will be required to provide the securities account details of the investor to whom he has sold in the case of sell trades. We shall arrange to settle transactions between the investors through Central Depository Services (India) Limited platform.


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PACE STOCK BROKING SERVICES PVT. LTD. Member : NSE Code :11378; SEBI Regn No. : INB231137838, INF231137838 & INE231137838
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