Mesh Stock Brokers Ltd.: Member of NSE & BSE – SEBI Registration no.: INZ000222733
Registered Address: 701,Mesh Stock Brokers Pvt Ltd.,
,Samrock Apartments,
C D Barfiwalla Marg,Juhu Lane,Andheri(West), Mumbai - 400058,Maharashtra, India.
For any complaints
pertaining to securities broking please write to grievance@mesh.co.in. Please
ensure
you carefully read the Risk Disclosure Document as prescribed by SEBI | ICF
“Attention Investors!
1. Beware of fixed/guaranteed/regular returns/ capital protection schemes. Brokers or their authorized
persons or any of their associates are not authorized to offer fixed/guaranteed/regular returns/
capital protection on your investment or authorized to enter into any loan agreement with you to pay
interest on the funds offered by you. Please note that in case of default of a member claim for funds
or securities given to the broker under any arrangement/ agreement of indicative return will not be
accepted by the relevant Committee of the Exchange as per the approved norms.
2. Do not keep funds idle with the Stock Broker. Please note that your stock broker has to return the
credit balance lying with them, within three working days in case you have not done any transaction
within last 30 calendar days. Please note that in case of default of a Member, claim for funds and
securities, without any transaction on the exchange will not be accepted by the relevant Committee
of the Exchange as per the approved norms.
3. Check the frequency of accounts settlement opted for. If you have opted for running account, please
ensure that your broker settles your account and, in any case, not later than once in 90 days (or 30
days if you have opted for 30 days settlement). In case of declaration of trading member as defaulter,
the claims of clients against such defaulter member would be subject to norms for eligibility of claims
for compensation from IPF to the clients of the defaulter member. These norms are available on
Exchange website at following link: https://www.nseindia.com/invest/about-defaulter-section.
4 Brokers are not permitted to accept transfer of securities as margin. Securities offered as margin/
collateral MUST remain in the account of the client and can be pledged to the broker only by way of
‘margin pledge’, created in the Depository system. Clients are not permitted to place any securities
with the broker or associate of the broker or authorized person of the broker for any reason. Broker
can take securities belonging to clients only for settlement of securities sold by the client.
5 Always keep your contact details viz. Mobile number/Email ID updated with the stock broker. Email
and mobile number is mandatory and you must provide the same to your broker for updation in
Exchange records. You must immediately take up the matter with Stock Broker/Exchange if you are
not receiving the messages from Exchange/Depositories regularly.
6 Don't ignore any emails/SMSs received from the Exchange for trades done by you. Verify the same
with the Contract notes/Statement of accounts received from your broker and report discrepancy, if
any, to your broker in writing immediately and if the Stock Broker does not respond, please take this
up with the Exchange/Depositories forthwith.
7 Check messages sent by Exchanges on a weekly basis regarding funds and securities balances reported
by the trading member, compare it with the weekly statement of account sent by broker and
immediately raise a concern to the exchange if you notice a discrepancy.
8 Please do not transfer funds, for the purposes of trading to anyone, including an authorized person
or an associate of the broker, other than a SEBI registered Stock broker.”
Members may take note of the above and comply.
Procedure to file a complaint on SEBI SCORES: Register on SCORES portal. Mandatory details for
filing complaints on
SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy
redressal of the
grievances
Investments in securities market are subject to market risks; read all the related documents
carefully before
investing.
"Prevent unauthorised transactions in your account. Update your mobile numbers/email IDs with
your stock brokers.
Receive information of your transactions directly from Exchange on your mobile/email at the end
of the day. Issued
in
the interest of investors. KYC is one time exercise while dealing in securities markets - once
KYC is done through a
SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same
process again when you
approach another intermediary."
As a business we
don't give stock
tips,
and have not authorized anyone to trade on behalf of others. If you find anyone claiming to be
part of Mesh Stock Brokers and
offering such services, please email us at grievance@mesh.co.in.