SEBI/HO/MIRSD/MIRSD -PoD1/P/CIR/2024/169

CIRCULAR SEBI/HO/MIRSD/MIRSD -PoD1/P/CIR/2024/169 To, All recognized Stock Exchanges Madam / Sir, Sub: SMS and E -mail alerts to investors by stock exchanges SEBI, vide Circular no. CIR/MIRSD/15/2011 dated August 02, 2011 (hereinafter mentioned as 'Circular') and Clause 33 of Master Circular for Stock Brokers dated August 09, 2024 (hereinafter mentioned as 'Master Circular'), issued guidelines regarding SMS and E-mail alerts to investors by stock exchanges . Point iv of Clause 2B of the Circular and Clause 33.2.4 of the Master Circular states the following regarding uploading of mobile number and e-mail by stock brokers: Stock Brokers shall ensure that separate mobile number/email address is uploaded for each client. However, under exceptional circumstances, the stock broker may, at the specific written request of a client, upload the same mobile number / email address for more than one client provided such clients belong to one family. 'Family for this purpose would mean self, spouse, dependent children and dependent parents. Based on the representation received from Brokers' Industry Standards Forum (ISF), it is further clarified that, under exceptional circumstances, the stock broker may, at the specific written request of a client, upload the same mobile number/Email address for more than one client provided such client belong to one family (in case of individual clients) or such client is the authorised person of an HUF, Corporate, Partnership or Trust (in case of non-individual clients) . 03 -12 -2024 Family / Authorised person for this purpose shall include: In case of individuals, self, spouse, dependent children and dependent parents. In case of HUF, Karta or any of the Co-parceners as per prior approval of Karta. In case of Partnership firm, any of the partner

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