HSE
Depository Services
NSDL DP : Ph:
55510813,55510814 Fax: 23371696,23327141 E-mail: hse@satyam.net.in
CDSL DP : Ph:
55510813/55510814 Fax: 23371696,23327141 E-mail: hse@satyam.net.in
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Hyderabad Stock Exchange started offering depository participant services through Central Depository Services(India)Ltd and
National Securities Depository Ltd. The Hyderabad Stock Exchange has tied up with CDSL and its wholly-owned subsidiary
HSE Securities has tied up with NSDL to offer the services to the investor
community. The DP Divisions are providing services such as maintenance of beneficiary owner accounts,
dematerialization, pledging and transfer of securities among other services.
The objective of starting the service is to cater to the diverse investor segments such as small investors, active investor,
member investors and general investors apart from providing cost-effective services particularly
keeping in mind the small and general investor. The services offered by the HSE DPs are
very cost-effective comparatively. Through this new service, the exchange will be able to better
utilize its
infrastructure as well. The transactions with the exchange DP are executed on the same day with out any extra charge.
The services are offered from 8 AM to 8 PM on weekdays and from 9AM to 4PM on Saturday, giving
flexibility to the investors in
dealing with HSE. The HSE has waived the annual maintenance charge up to September
30, 2002 and the transaction executed at Rs.12 in
CDSL and Rs.17 in NSDL. Based upon the trading activity of investors, individual schemes have been
developed as follows: