Customers can avail of a host of depository services in India by just opening an account with CDSL through us.
Ajcon’s Depository Services holds your dematerialized shares in electronic form, offers settlement of trades, electronic credit of public offerings, rights, bonus shares, etc.
Even securities entitlements like bonus and rights can be credited to your Demat Account electronically.
Cash benefits like dividends and interest will, however be forwarded to you directly and not through the depository. However, MICR code details in the Demat Account would ensure credit of cash corporate action to your respective bank account.
Important Information for Demat Account holders
As per NSDL guidelines given in its circular reference no. NSDL/POLICY/2021/0036 dated 7th April 2021 and CDSL circular reference no. CDSL/OPS/DP/POLCY/2021/152 dated 5th April 2021, it has been made mandatory to update the following 6 KYC attributes in the demat account of the clients:
a. Name
b. Address
c. PAN
d. Valid mobile number
e. Valid email-id
f. Income range
Further, NSDL / CDSL will be validating the email id and mobile number updated in the demat accounts by sending an email and SMS respectively maintained in the account.
All 6-KYC attributes have been made mandatory for new and existing accounts from August 1, 2021.
In case, the aforementioned details are not updated in any demat account, the said demat account will be considered as Non-compliant account; such accounts will be made inactive and no further debits will be allowed.
Demat account holders whose KYC attributes are not updated shall reach out to the branch for updating it.
Depository Participants (DP) offers a safe & convenient way to hold securities in electronic form. It offers freedom from delays, forgeries, settlement risk and paper work. Ajcon Global is a participant of Central DepositoryServices Limited (CDSL) since 2006. As a Depository Participant, we offerdepository accounts to individual investors as well as to corporate houses, which enables them to trade in the dematerialized environment. AjconGlobal is the link between the investor and CDSL and all investors of Ajcon Global by availing these services can utilize the services offered by CDSL.These services are ancillary to the main businesses of the Company. Besides being an additional source of income for the Company, it has smoothened the functioning and operational work of the Company and its clients.
A Depository is an organization which holds investors’ securities in electronic form. The depository also provides services related to various transactions in such securities. A depository interfaces with its investors through Depository Participants. Depository Participants maintain investors’ accounts (demat accounts) which are similar to Savings Bank/Current accounts with a Bank. Purchase and sale of securities can be done through demat account. Presently there are two main depositories in India viz., NSDL (National Securities Depository Limited) and CDSL (Central Depository Services Ltd).The Statistical Data for the Two Depository as on Dec 31, 2015 are as follows;
| Depository | No of Companies | Investor Accounts | DP Service Centres | Demat Custody Quantity (In Crores) | Demat Custody Value (Rs. In Crores) | Depository Participants |
| National Securities Depository Ltd (NSDL) | 15,121 | 1,42,97,625 | 25,793 | 10,36,895 | 119,29,978 | 272 |
| Source: https://nsdl.co.in/about/statistics.php | ||||||
| Depository | No of Companies | Investor Accounts | DP Service Centres | DematCustody Quantity(INR in Million) | Demat Custody Value (INR in Million) | Depository Participants |
| Central Depository Services Ltd (CDSL) | 8,778 | 1,04,19,426 | 16,359 | 2,22,810 | 1,39,04,090 | 578 |
| Source: https://www.cdslindia.com/ | ||||||
AJCON GLOBAL SERVICES LTD.
CIN No. : L74140MH1986PLC041941
GST No. : 27AABCA1950B1ZA
Chairman & Managing Director – Dr. Ashok Ajmera
Company Secretary &
Compliance Officer – Mr. Kaushal Shukla
Whole Time Director – Mr. Ankit Ajmera
Whole Time Director – Mr. Anuj Ajmera
Chief Financial Officer – Mr. Ankit Ajmera
Compliance Officer – Mr. Ankit Ajmera
Chief Information Security Officer – Mr. Anuj Ajmera
Registered office : 408, Express Zone, A – Wing, Cello–Sonal Realty, Western Express Highway,Goregaon (East), Mumbai – 400063. Contact : 022 – 67160400 Fax : 022 – 8722061 Email: ajcon@ajcon.net
NATIONAL STOCK EXCHANGE OF INDIA LTD. – MEMBER ID : 06376
Single SEBI Registration : INZ000173933
BSE LTD. (BSE) MEMBER ID : 06173
Single SEBI Registration : INZ000173933
CENTRAL DEPOSITORY SERVICES (INDIA) LIMITED (CDSL)
IN-DP-225-2016 – DATED : 08.03.2016 – DP ID – 12045700
MERCHANT BANKING – INM000011864
RESEARCH ANALYST – INH000001170
AJCON FINANCE LTD.
RBI REGISTERED NON DEPOSIT TAKING NBFC
Registration No. : B-13.00053
AJCON EDUFIN PRIVATE LTD.
AMFI– ARN : 25538
Distribution of Mutual Funds
HEARTBEAT ADVISORS P LTD.
Distribution of Home Loans
FINCRIME EXPERT.COM
Training in Financial Crime
Please note as per instructions from SEBI.
It is mandatory to update your
“Name, Address, PAN, Mobile No. Email ID & Income Range “with your broker before 30th September, 2021. In order to continue enjoying services in your
DEMAT & TRADING A/cs.
408, Express Zone, A – Wing,
Cello–Sonal Realty,
Western Express Highway,
Goregaon (East), Mumbai – 400063.
Call : 022 – 67160400
Email : ajcon@ajcon.net
Feel free to contact us, our executive will get in contact with you.
Segregation and Monitoring of Collateral at Client Level
This is with reference to NCL circulars NCL/CMPL/49348 dated August 20, 2021, NCL/CMPL/49640 dated September 17, 2021 and NCL/CMPL/49764 dated September 29, 2021 on the captioned subject
Ajcon Global 2021 By DigiTalks
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