Date: M/s. O. J. Commodities Brokers (P) Ltd. 115, IJS Palace, 320, Delhi Gate Bazar, Asaf Ali Road, New Delhi-110002. Dear Sirs, Sub: Updation. I / We have been dealing through you as my / our broker in MCX and/or NCDEX. I / We wish to continue dealing through you. I / We wish to state as under: 1

1. 2.

My/our UCC is …………………….. My / Our e-mail id is ……………………….. You are requested to continue to send my / our digital Contract Notes, bills, statements by e-mail on this id and there is no need to send the same by post.

3.

I/we have got Contract Notes on daily basis and account statement on quarterly basis. There is no discrepancy.

4.

I / We do not have any complaint/grievance against you

5.

Current financial information: Range of current annual income is as under (Pl. tick one box):  Below Rs. 1 lac  Between Rs. 1 lac and 5 lacs  between Rs. 5 lacs & Rs. 10 lacs  Between Rs. 10 lacs & Rs. 25 lacs  Above Rs. 25 lacs. I / We, am / are attaching latest financial information document (ITR, Annual Accounts, Salary Certificate, Bank Statement, DP holding statement, Networth Certificate)

2 6.

Thanking you, Yours faithfully, 3

Signature Name UCC

Encl: As Above

(Document is voluntary. To be signed at the discretion of client) LETTER OF AUTHORITY M/s. O.J. Financial Services Ltd. 231, IJS Palace, 320, Delhi Gate Bazar, New Delhi-110002. Sub:

Date________

Letter of Authority - - Cash / F&O / Currency Derivative Segment of NSE.

I/We are dealing in securities with you at NSE in Cash, Derivative & Currency Segment and in order to facilitate case of operations, we authorize you as under: 1.

I/We authorize you to setoff outstanding in any of our accounts against credits available or arising in any other accounts maintained with you irrespective of the fact that such credits in the accounts may pertain to transactions in any segment of the Exchange or in any other exchanges and/or against the value of cash margin or collateral shares provided to you by us.

2.

I/We hereby authorize you not to provide me Order Confirmation/Cancellation Slips and Trade Confirmation slips to avoid unnecessary paper. I/We shall get the required details from contract notes issued by you.

3.

I/We hereby authorize you to keep all the securities which we give you in margin including the payout of securities received by us for meeting margin/other obligation in stock exchanges in whatever manner which may include pledging of shares in favour of bank and / or taking loan against the same of meeting margin/pay-in obligation on our behalf or for giving the same as margin to the Stock Exchange or otherwise.

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I/We request you to retain credit balance in any of my/our account and to use the idle funds towards our margin/future obligations at any or all the Exchanges unless I/We instruct you otherwise. I/We also authorize you to debit the necessary demat charges from time to time for keeping the shares in your client demat beneficiary account on my/our behalf.

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I/We request you to retain Securities in your Demat account for my/our margin/future obligations at all Exchanges, unless I/We instruct you to transfer the same to my/our account.

6.

I/We request you to consider my/our telephonic instructions for order placing/order modification/order cancellation as a written instruction and give 1

me/us all the confirmation on telephone unless instructed otherwise in writing. I/We am/are getting required details from contracts issued by you. 7.

I/We will collect from your office Contract Notes, Bills, Securities, etc. as per our convenience. I/We request that you may send / dispatch me/us statement of funds and securities and other documents through E-mail : on my/our designated e-mail address of ____________________________________________________ 2

8.

9.

We will completely rely on the log reports of your dispatching software as a conclusive proof of dispatch of e-mail to me/us and will not dispute the same.

10.

I/We will inform you the change in my/our e-mail, if any, in future either by written request duly signed by me/us.

11.

Trading of all Exchanges is in Electronic Mode, based on VSAT, leased line, ISDN, Modem and VPN, combination of technologies and computer systems to place and route orders. I/We understand that there exists a possibility of communication failure or system problems or slow or delayed response from system or trading halt, of any such other problem/glitch whereby not being able to establish access to the trading system/network, which may be beyond your control and may result in delay in processing or not processing buy or sell Orders either in part or in full. I/We agree that I/We shall be fully liable to responsible for any such problems/faults.

12.

I/We confirm that I/we will never sublet the trading terminal on any form of connectivity, from my/our place to any other place without your prior approval.

13.

I/We am/are agreeable for inter-settlement transfer of securities towards settlements.

14.

I/We am/are agreeable for & authorize you to withhold funds pay-out towards all the applicable margins and debits.

15.

All fines/penalties and charges levied upon you due to my/our acts/deeds or transactions may be recovered by you from my/our account.

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Signature ________________________ Name______________________________ UCC_____________________________

Client Defaulter Declaration M/s. O.J. Financial Services Ltd. 231, IJS Palace, 320, Delhi Gate Bazar, New Delhi-110002.

Date____________

I, ______________________________having PAN No._________________do hereby declare that I have not been involved in any terrorist activity and I have not been declared as defaulter or my name is not appearing in defaulter database as per SEBI/Various Exchanges/Regulatory bodies/CIBIL (Credit Information Bureau of India Ltd) etc. *I/We hereby certify that SEBI/any Exchange or any other authority has not taken any action during the last three years against me / us. 4

Or *Details of action taken by SEBI/_____________(Name of Exchange)/(Name of any other authority) during the last three years are as under:

I further declare that the above mentioned declaration/statement is true and correct. (*Strike off whichever is not applicable). 5

Signature ________________________ Name______________________________ UCC_____________________________

(Document is voluntary. To be signed at the discretion of client) RUNNING ACCOUNT AUTHORISATION M/s. O.J. Financial Services Ltd. Date____________ 231, IJS Palace, 320, Delhi Gate Bazar, New Delhi-110002. I/We are dealing through you as a client in Capital Market and/or Future & Option segment and/or Currency segment & in order to facilitate ease of operations and upfront requirement of margin for trade, I/We authorize you as under: 1. I/We request you to maintain running balance in my/our account & retain the credit balance in any of my/our account and to use the unused funds towards my/our margin/pay-in/other future obligation(s) at any segment(s) of any or all the Exchange(s)/Clearing corporation unless I/we instruct you otherwise. 2.

I/We request you to retain securities with you for my/our margin/pay-in/otherfuture obligation (s) at any segment(s) of any or all the Exchange(s)/Clearing Corporation, unless I/We instruct you to transfer the same to my/our account.

3.

I/We request you to settle my fund and securities account Once in every Calendar quarter Once in Calendar Month

√

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4.

In case I/We have an outstanding obligation on the settlement date, you may retain the requisite securities/funds towards such obligations and may also retain the funds expected to be required to meet margin obligations for next 5 trading days, calculated in the manner specified by the exchanges.

5.

I/We confirm you that I/we will bring to your notice any dispute arising from the statement of account or settlement so made in writing within 7 working days from the date of receipt of funds/securities or statement of account or statement related to it, as the case may be at your registered office. After that I/We shall have no right to dispute the transaction, funds and/or securities ever and agree that you shall not be liable for any incidental loss/damage caused due to retention of funds and/or securities.

6. The above mentioned Running Account Authorisation is valid till I/we revoke and I/we can revoke the same any time by giving 15 working days notice in writing to you. Thanking you, 7

Signature ________________________ Name______________________________

UCC______________________

(Document is voluntary. To be signed at the discretion of client) AUTHORISATION FOR ELECTRONIC CONTRACT NOTES M/s. O.J. Financial Services Ltd. 231, IJS Palace, 320, Delhi Gate Bazar, New Delhi-110002.

Date____________

Sir, I/We have been/shall be dealing through you as my/our broker on cash, derivative, currency segments. As my/our broker i.e. agent I/We direct and authorize you to carry out trading/dealings on my/our behalf as per instructions given below. I/We understand that, I/We have the option to receive the contract notes in physical form or electronic form. In pursuance of the same, I/We hereby opt of receipt of contract notes in electronic form. I/We understand that for the above purpose, you are required to take from the client “an appropriate email account” for you to send the electronic contract notes. Accordingly, please take the following email account(s)/email id on your record for sending the contract notes to me/us. 1……………………………………………………………………………………

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2…………………………………………………………………………………… I/We also agree that non-receipt of bounced mail notification by you shall amount to delivery at my/our email account(s)/email id(s) I/We agree not to hold you responsible for late/non-receipt of contract notes sent in electronic form and any other communication for any reason including but not limited to failure of email services, loss of connectivity, email in transit etc. I/We agree that the log reports of your dispatching software shall be conclusive proof of dispatch of contract notes to me/us and such dispatch shall be deemed to mean receipt by me/us and shall not be disputed by me/us on account of any non receipt/delayed receipt for any reason whatsoever. I/We understand that I am required to intimate any change in the email id / email account mentioned herein above through a duly signed request letter in original to you. 9

Signature ________________________ Name______________________________ UCC_______

(Document is voluntary. To be signed at the discretion of client) INTERNET TRADING LETTER M/s. O.J. Financial Services Ltd. 231, IJS Palace, 320, Delhi Gate Bazar, New Delhi-110002.

Date____________

Sub. : Internet Trading Sir, We wish to trade through internet on National Stock Exchange and confirm that we are fully aware of and understand the risks associated with availing of a service of routing orders through internet including the risk of misuse and unauthorized use of our Username and or Password by a third party and the risk of a person hacking into our account on your system and unauthorisedly routing order on behalf of us through the System. We agree that we shall be fully liable and responsible for any and all unauthorized use and misuse of our Password and/or Username and also for any and all acts done by any person through your system on our Username in any manner whatsoever. We hereby confirm you to send our Username and Password on the below mentioned email address. 10

E-mail Address : _____________________________________________

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Signature _________________________________________

Name______________________________ UCC : ___________________________

O. J. FINANCIAL SERVICES LTD. (STOCK BROKER – NSE) SOME POLICIES & PROCEDURES 1.

Refusal of order for penny stocks: Clients may note that all the stock and securities listed on the Stock Exchange are not actively traded. In other words, there are no readily available sellers or buyers in some securities and / or there are not sufficient trades or volumes from which the market price may be arrived at with some reliability. Such stock are called “illiquid securities” or “Penny stocks”. They are comparatively more vulnerable to market manipulation / price rigging. The spread, i.e., the difference between the offer price and bid price is usually wide and their purchase or sale at a given time may be difficult and in any case uncertain. Exchanges bring out monthly list of such securities based on the volume during the last calendar month. The Stock Broker does not encourage trading in penny stocks and trade is not allowed in illiquid securities. In exceptional cases, before allowing a trade in illiquid securities or less liquid securities, the Stock Broker may make further enquiry, in case of instructions for sale, into the nature and duration of holding and in case of purchase instructions, into the client’s trading experience, knowledge about the risks in penny stock, risk appetite and proportion of such stocks to total investment, etc.. This may cause time gap between placing an order and its execution. The clients will have to bear that risk of delay in execution or rejection in respect of illiquid securities. Client’s instructions for trading in illiquid securities may be rejected without assigning any reason.

2.

Setting up Client’s Exposure Limit: The Exchange may from time to time fix client exposure limits in the interest of orderly working of the markets. Within that overall ceiling, a client can trade within the exposure limit set from time to time by the Broker for the client. Exposure Limit is fixed on the basis of the funds and value after hair cut of the securities provided by the client for margin. Clients are requested to adhere to the exposure limits as crossing the limit may involve either a call for margin or restriction on further position / exposure. The Stock Broker may need to vary or reduce or impose new limits urgently on the basis of risk perception, risk profile of the client and other factors considered relevant including but not limited to limits on account of exchange / SEBI directions / limits (such as broker level / market level limits in security specific / volume specific exposures etc.).

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Client’s Signature

Sometimes the Stock Broker may be unable to inform the client of such variation, reduction or imposition in advance. The Stock Broker shall not be held responsible for such variation, reduction or imposition or the client’s inability to route any order through trading system on account of any such variation, reduction or imposition of limits. In the sole discretion of the Stock Broker, a client may be allowed to trade beyond exposure limit or the limit may be increased. A client having availed such indulgence shall not be heard to complain about his trades only on this account and shall meet the margin shortfall at the earliest without waiting for reminder. The golden rules is Limit your exposure so as to limit your risk to your means. 3.

Applicable brokerage rate: The stock broker is entitled to charge brokerage within the limits imposed by exchange which at present is as under: a. For Cash Market Segment: The maximum brokerage chargeable in relation to trades effected in the securities admitted to dealings on the Capital Market Segment of the Exchange shall be 2.5% of the contract price exclusive of statutory levies. It is hereby further clarified that where the sale / purchase value of a share is Rs. 10/- or less, a maximum brokerage of 25 paise per share may be collected. b. For Option contracts: Brokerage for option contracts shall be charged on the premium amount at which the option contract was bought or sold and not on the strike price of the option contract. It is hereby clarified that brokerage charged on options contracts shall not exceed 2.5% of the premium amount or Rs. 100/- (per lot) whichever is higher.

4.

Delay Payment Charges and Penalties: Clients are required and expected to meet their fund obligations immediately, when due, as per SEBI / Exchange requirements and not make the Stock Broker use his funds to meet their fund obligation. For the clients who do not pay on time, broker has to pay or the broker has to suffer penalties by the Exchange.

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Client’s Signature

So as to be compensated, the Stock Broker may levy Delay Payment Charges on the amounts, not exceeding the debit balance in the ledger, for the period of delay. The present rate of Delay payment charges is 18% per annum calculated on daily basis for the period of delay. Credit Balance (Funds / Shares) lying with the Stock Broker will not attract any interest. The Stock Broker may impose reasonable penalties for bouncing of cheques, bad deliveries, non-delivery, auction, on non-payment of margin money on any trades, actions or omissions contrary to the Rules, Regulations and Byelaws of the SEBI or Exchange, to discourage such violations and recover the same from the client’s Account directly. Where the Company has to pay or suffer any penalty from any authority as a consequence of / in relation to / in connection with any orders / instructions / trades / deals or actions of a client, the same shall be borne by the client. 5.

Right of Sale of client’s securities or closing the client’s open position without giving notice: The Stock Broker maintains specific banking and depository accounts, informed to the clients from time to time, for handling clients” funds and securities. The clients shall ensure timely availability of funds / securities in required form and manner, within stipulated time and in the designated bank and depository account(s) for meeting their liabilities and obtaining proper credit thereof. The Stock Broker does not undertake responsibility for any delay or other consequences arising from payment to any other account or non receipt in time and manner in the designated account(s). The Stock Broker does not believe in selling clients’ securities or closing out their positions without sufficient notice to them. On the other hand, the Stock Broker expects esteemed clients to be regular and punctual in meeting their fund obligations. The requirement of margin and the value of any given security as margin varies with market volatility. e.g – if the market goes down by 10%, not only an additional margin would be required equal to this 10%, but further margin would also be required to meet the erosion of value of the securities forming the margin. Higher is the margin deficit, 14

Client’s Signature

shorter would be the time to make it up. However, in case the available margin falls below the given percentage, say 80%, informed in advance, the Stock Broker reserves the right to sell a client’s securities or to close out his all or some open positions to prevent escalation of risk. The Stock Broker would have the discretion to square off the position of Client’s where the margin or security placed by the Client falls short of the requirement of where the limits given to the Client have been breached or where the Client has defaulted on his existing obligation within the stipulated time. The client may, however, have no grievance if the Stock Broker does not take such action and waits for the client’s margin / response. 6.

Shortages in obligations (arising out of internal netting of trades or otherwise): Where a client fails to meet his securities pay-in obligations as due for any settlement and auction is not made by the Exchange because of reasons like internal netting of trades, the client’s account is debited for such short delivery at “valuation price or the average of auction rate”, whichever is higher. The buyer client shall be credited with the same amount as debited to seller client. In case, no auction price is available in a particular instance, the above mentioned debit / credit shall take place at closing price on the auction day plus 10% and trading day to auction day high price whichever is higher. If the buyer-client requires delivery of the said shares, he is advised to buy the same next day from the market on his own. Where a client buys securities in one settlement, and sells the same in subsequent settlement, without having received the payout of the securities, any resulting auction / losses will be the sole responsibility of the client.

7.

Conditions under which a client may not be allowed to take further position or his existing position may be closed: Subject to client’s KYC verification and his meeting initial margin and other margin requirements, a client may take positions. However, he may not be allowed to take further position under any of the following circumstances:

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Client’s Signature

a. SEBI or Exchange imposing restrictions on further exposures in cases of extreme volatility in the market or in a security or group of securities. b. Client or the Broker exceeding or touching exposure limits set by the Exchange in the particular scrip. c. Reasonable doubt as to bonafide of the transaction or identity of the client in the light of the financial status and objectives as disclosed in the KYC form. d. Reasonable doubt as to the transaction being cross trade, circular trade, fraudulent practice or connected with price manipulation or market rigging. e. SEBI or other competent authority issuing a debarment order against the client from buying, selling or dealing in securities, unless the order is vacated. 8.

Temporary Suspension or Closing of Account at Client’s Request: The client may, at times, like to suspend his account for some time due to reasons like-illness, holidaying or pilgrimage. The Stock Broker will act on the instruction to suspend the transactions in an account on receipt of a written request by the client. However, the client will be responsible for all his positions till that time and shall make arrangements for due discharge of his obligations in respect of such transactions and account maintenance charges. A suspended account may be made active by another instruction in writing by the client. The client, subject to his meeting all obligations regarding pending positions, may seek closure of his account by a letter in writing duly signed by him. Such request shall be effective from the time it has been noted in Stock Broker’s computer system and the client shall be liable to meet all his obligations. The request for suspension, re-activation or closure of account should be made by the client and not by his Power of Attorney Holder (POA). The Stock Broker may also withhold any payouts of client or suspend his trading account due to any surveillance action or judicial / regulatory direction.

9.

De-registering a client: The Stock Broker may de-register a client in any of the following events: a. Death of a client who is a natural person; 16

Client’s Signature

b. Liquidation or winding up of a client who is a corporate, Dissolution of Partnership if client is partnership firm; c. Insolvency or bankruptcy of the client; d. The client being debarred from dealing in securities by an order of SEBI, other Regulatory Authority or court; e. The client is convicted of fraud or other offence in relation to securities and the said conviction is not stayed by that authority or court or superior thereto. f. The account being inactive has not been got reactivated within two years of inactivation. De-registering of a client will not absolve him from his obligations for transactions at the time of de-registration. 10.

Policy for Inactive Accounts: Inactive accounts are more vulnerable to fraud or manipulation and the clients are advised to be careful not to allow their accounts to be inactive. An inactive account is one in which there is no operation during the last six calendar months. Such accounts may be market as “inactive” in the Back Office without any request by the client. No operation shall be permitted in an inactive account except collection of dividend on securities and debiting of charges, if any. An inactive account may be activated only on request of the client (Not of a POA). Before activating, the Stock Broker may like to re-verify the client’s particulars as an abundant caution. If a request for re-activation is not received within two years of its being noted as “inactive”, the Stock Broker may deregister it, after informing the client at his last known address by the available means, i.e., telephone, post, e-mail and return the available balance, if any, to the person(s) entitled to it. Client’s Acceptance of Policies and Procedures stated hereinabove: I/We (client) have fully understood the same and do hereby sign the same and agree not to call into question the validity, enforceability and applicability of any provision / clauses of this document under any circumstances what soever. These Policies and Procedures shall always be read along with the agreement and shall be compulsorily referred to while deciding any dispute / difference or claim between me / us and the Stock Broker before any court of law / judicial / adjudicating authority including arbitrator / mediator etc.

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Client’s Signature