Investor Rights

Investor Charter

Transparency, investor protection and grievance redressal across depository, stock broking and research analyst services.

SEBI CompliantDP CharterStock BrokerResearch Analyst

Important notice

Investor protection first

Each charter outlines services, investor rights, timelines and complaint handling as prescribed by SEBI.

Charter

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DP Charter

CDSL depository participant

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CDSLDP Charter
NSE / BSEStock Broker
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Charter

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Investor Charter

Investors Charter of Depository Participant

CDSL DP ID: 12076400 · SEBI Registered

Vision

Towards making Indian Securities Market – Transparent, Efficient & Investor friendly by providing safe, reliable, transparent and trusted record keeping platform for investors to hold securities in dematerialized form.

Mission

To hold securities of investors in dematerialised form and facilitate its transfer, while ensuring safekeeping of securities and protecting interest of investors.

To provide timely and accurate information to investors with regard to their holding and transfer of securities held by them.

To provide the highest standards of investor education, investor awareness and timely services so as to enhance Investor Protection and create awareness about Investor Rights.

Details of business transacted by the Depository and Depository Participant (DP)

A Depository is an organization which holds securities of investors in electronic form. Depositories provide services to various market participants – Exchanges, Clearing Corporations, Depository Participants (DPs), Issuers and Investors in both primary as well as secondary markets. The depository carries out its activities through its agents which are known as Depository Participants (DP). Details available on the link: CDSL :- https://www.cdslindia.com/DP/dplist.aspx

4. Description of services provided by the Depository through DPs to investors

(1) Basic Services

S.No.Brief about the Activity / ServiceExpected Timelines
1Dematerialization of securities7 days
2Rematerialization of securities7 days
3Mutual Fund Conversion / Destatementization5 days
4Re-conversion / Restatementisation of Mutual fund units7 days
5Transmission of securities7 days
6Registering pledge request15 days
7Closure of demat account2 days
8Settlement InstructionFor T+1 day settlements, Participants shall accept instructions from the Clients, in physical form up to 4 p.m. (in case of electronic instructions up to 6.00 p.m.) on T day for pay-in of securities. For T+0 day settlements, Participants shall accept EPI instructions from the clients, till 11:00 AM on T day. Note: 'T' refers 'Trade Day'

(2) Special Services — Pledge, Hypothecation, Internet-based services etc.

S.No.Type of Activity / ServiceBrief about the Activity / Service
1Value Added ServicesDepositories also provide value added services such as:
a. Basic Services Demat Account (BSDA)¹
b. Transposition cum dematerialization²
c. Linkages with Clearing System³
d. Distribution of cash and non-cash corporate benefits (Bonus, Rights, IPOs etc.), stock lending, demat of NSC / KVP, demat of warehouse receipts etc.
2Consolidated Account Statement (CAS)CAS is issued 10 days from the end of the month (if there were transactions in the previous month) or half yearly (if no transactions).
3Digitalization of servicesDepositories offer below technology solutions and e-facilities to their demat account holders through DPs:
a. E-account opening⁴
b. Online instructions for execution⁵
c. e-DIS / Demat Gateway⁶
d. e-CAS facility⁷
e. Miscellaneous services⁸

5. Details of Grievance Redressal Mechanism

(1) The Process of investor grievance redressal

S.No.Investor Complaint / GrievancesProcess Details
1Investor Complaint / GrievancesInvestor can lodge complaint / grievance against the Depository/DP in the following ways:

a. Electronic mode –
(i) SCORES 2.0 (a web based centralized grievance redressal system of SEBI)
Two Level Review: First review by Designated Body; Second review by SEBI.

(ii) Respective Depository's web portal dedicated for filing of complaint

(iii) Emails to designated email IDs – complaints@cdslindia.com

b. Offline mode: Investors can send physical letters to CDSL on our registered office address.
2Online Dispute Resolution (ODR)If the Investor is not satisfied with the resolution provided by DP or other Market Participants, then the Investor has the option to file the complaint on SMARTODR platform.

SMART ODR – https://smartodr.in/login
3Steps in ODR for Review, Conciliation and Arbitration– Investor to approach Market Participant for redressal of complaint

– If not satisfied, escalate the complaint on SEBI SCORES portal.

– Alternatively, file a complaint on SMARTODR portal for online conciliation and arbitration.

– The relevant MII will review the matter and endeavour to resolve within 21 days.

– If unresolved amicably, the Investor may request for conciliation (21 days, extendable by 10 days).

– If conciliation is unsuccessful, the investor may request to refer the matter for arbitration (30 days, extendable by 30 days).
4Claim to be filed by Beneficial OwnerThe Beneficial owner who suffered a loss needs to file their claim with DP / CDSL along with:

– Statement of claim
– Details of estimated loss and supporting documents
– FIR Copy (in case of alleged fraud)
– Declaration stating that same relief has not been sought before any other fora

Hard copy to be addressed to the CDSL Legal Team at the registered office. Soft copy to: claims@cdslindia.com.

(2) For the Multi-level complaint resolution mechanism available at the Depositories⁹

6. Guidance pertaining to special circumstances — Termination of the Depository Participant

S.No.Type of special circumstancesTimelines for the Activity / Service
1Depositories to terminate the participation in case a participant no longer meets the eligibility criteria. Participant surrenders the participation by its own wish.Client will have a right to transfer all its securities to any other Participant of its choice without any charges for the transfer within 30 days from the date of intimation by way of letter / email.

Additional Resources

Annexure C — Investor Complaints Data

Data for Every Month Ending – October 2025

S.NoReceived fromCarried forward from previous monthReceived during the monthTotal PendingResolved*Pending at end of month**Avg Resolution time^ (days)
< 3 months> 3 months
1Directly from Investors0000000
2SEBI (SCORES)0000000
3Depositories0000000
4Other Sources (if any)0000000
5Grand Total0000000

Trend of monthly disposal of complaints

S.NoMonthCarried forwardReceivedResolved*Pending**
1Apr-20210000
2May-20210000
3Jun-20210000
4Jul-20210000
5Aug-20210000
6Sep-20210000
7Oct-20210000
8Nov-20210000
9Dec-20210000
10Jan-20220000
11Feb-20220000
12Mar-20220000
12April-20220000
13May-20220000
14June-20220000
15July-20220000

*Should include complaints of previous months resolved in the current month, if any.

**Should include total complaints pending as on the last day of the month, if any.

^Average resolution time is the sum total of time taken to resolve each complaint in the current month divided by total number of complaints resolved in the current month.

Trend of Annual disposal of complaints

S.No.YearCarried forwardReceived during yearResolved during yearPending at end of year
12017-180000
22018-190000
32019-200000
42020-210000
52021-220000
62022-230000
72023-240000
82024-250000
9Grand Total0000

Last Updated: October 2025

For grievance redressal, visit sebi.gov.in or contact us at help@ezwealth.in

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