COMPLIANCE DEPARTMENT CIRCULAR NO. 61 Ref. NSE/COMP/17739

May 10, 2011

Mandatory Insurance Cover for the Period 2011-2012 As per SEBI directive dated January 19, 1996 it is mandatory for every trading member to have an insurance cover. Trading Members are therefore, requested to ensure that their Stock Brokers Indemnity Policy is in order for the period 2011-2012 w.e.f. 1st June, 2011. Trading Members are required to submit the proof for the same through ENIT on or before 31st July, 2011. Members are required to note that – 1. Submissions of proof of Stock Brokers Indemnity Policy is required to be made only by way of upload in electronic format through ENIT by July 31, 2011. The link for uploading the same on ENIT will be provided from May 13, 2011 onwards. 2. Procedure for upload of proof of Stock Brokers Indemnity Policy in electronic format through ENIT is provided as Annexure I. 3. Members opting for the Stock Brokers Indemnity Policy through ANMI need not submit the proof of Stock Brokers Indemnity Policy through ENIT. 4. Failure to upload the details on ENIT, by 31st July, 2011, would be treated as noncompliance and attract a levy of late submission charges of Rs.100/- per day till the date of upload of proof of renewal of insurance cover. Trading members are requested to ensure compliance of the above. In case of any assistance required, members are requested to contact following officials. Extension Board Line Direct Line Name of Officials Number Number Number Ms. Almira D’Souza 5112 2659 8100 to 2659 8114 2659 8436 Ms. Bhagyashri Lele 5111 For National Stock Exchange of India Limited Sd/C N Upadhyay Assistant Vice President

ANNEXURE – I USER MANUAL FOR ELECTRONIC UPLOAD OF PROOF OF STOCK BROKERS INDEMNITY POLICY THROUGH ENIT (Electronic NSE interface for trading members) Members are required to follow the below mentioned procedure for submitting the proof of Stock Brokers Indemnity Policy through ENIT Step 1 : Logon to https://www.enit.co.in & click ‘Go’. Step 2 : Enter your Login id & Password. The following screen will be displayed –

Step 3 : Click ‘Exchange’. The following screen will be displayed –

Step 4 : Click ‘Insurance’. The following screen will be displayed –

Step 5 : Click ‘Insurance Details’. The following screen will be displayed –

Step 6 : In the above screen, the Member Code & the Member name will be auto populated. Update the other fields with details as mentioned below – 1. Enter the name of the Insurance Company who has issued the policy 2. Enter the Policy Number 3. Enter the Receipt Number 4. Enter the Receipt Date 5. Enter the Date from which the policy is valid 6. Enter the Date upto which the policy is valid 7. Enter the amount of Premium paid 8. Enter the email id, wherein the Exchange can inform you regarding the status of your submission 9. Enter the mobile number, on which the Exchange can communicate in case of any queries 10. Attach the file containing the scan copy of the Insurance Policy Schedule & the Receipt only. Note : The file can be in the pdf, tif, zip and jpg formats. Please ensure the size of the attachment is within 5MB.

Step 7 : After entering the above details click ‘SUBMIT’. The following screen will be displayed giving the submission reference number –

Step 8 : In order to view the details submitted to Exchange, Click ‘Insurance Report’. The following screen will be displayed.

Please ensure that the information submitted to the Exchange is accurate. Incase of any discrepancies in the information submitted, the same will be treated as non compliance and delayed/ non submission charges will be levied till the date of submission of accurate information. The information provided, will be verified by the Exchange. Incase –
the information provided has been accepted by the Exchange, the status of the submission will change from ‘NEW’ to ‘APPROVED’.
the information provided has not been accepted by the Exchange, the status will change from ‘NEW’ to ‘NOT APPROVED’. In this case the member will have to resubmit the details to the Exchange and delayed/ non submission charges will be levied till the date of submission of accurate information.