National Spot Exchange Limited

Circular

INFORMATION FROM MEMBERS

Ref. No.: NSEL/C&S/2015/003 March 10, 2015

NSEL had issued Circular dated 16th December, 2014 bearing Ref. No. NSEL/C&S/2014/045 requiring Members to furnish information / particulars sought in the said Circular including particulars in relation to certain without prejudice special payout made by the Exchange of around Rs. 179 Crores to its Members. The reasons for seeking this information was set out in the said Circular. Thereafter, at the request of Members, the date for furnishing such information / particulars was extended till 17th January, 2015.

Pursuant to the said Circular dated 16th December, 2014, NSEL has received information / particulars from 20 Members and information / particulars is yet to be received from several other Members.

Particulars of the special payout made by NSEL to the each of the Members are as Annexure A hereto. The said amount was required to be disbursed by said Members to their respective trading clients.

Since certain members failed to furnish information / particulars as sought by NSEL, show cause notice has been sent to such members, calling upon them to show cause as to why disciplinary action as provided in the Rules and Byelaws of NSEL should not be taken against such members.

In view of the recent developments, NSEL has decided to grant last opportunity to its Members to furnish information / particulars sought by its above Circular dated 16th December, 2014, before NSEL taking disciplinary action against its Members pursuant to its Bye laws.

In view thereof, Members (having outstanding against the trader’s contract) are requested to comply with the said Circular within 7 days i.e till 17th March, 2015 and in the meantime furnish the following disbursement information / particulars towards the special payout of 179 Crores, duly certified by Chartered Accountant on or before 13th March, 2015. 1. Name of trading client and PAN number 2. Amounts disbursed

3. Date/s of such payment 4. Bank account number and the branch where amount has been transferred

In addition to the above points, members should also provide a client confirmation letter confirming the receipt of special payout within 7 days i.e. 17th March, 2015.

For and on behalf of National Spot Exchange Ltd.

Prakash Chaturvedi Jt. MD Encl: Annexure A

------Registered office ------

FT Tower, CTS 256, 257, Suren Road, Chakala, Andheri (East), Mumbai – 400 093

Tel.: 022 – 67619900

www.nationalspotexchange.com

Annexure A

Member No. of Member Name Total Special Payout Code Clients 10350 INDIA INFOLINE COMMODITIES LIMITED 1021 242,172,095.00 38110 K R CHOKSEY COMMODITY BROKER PVT LTD 314 75,584,130.68 10570 ANAND RATHI COMMODITIES LTD 261 79,355,085.19 13820 VENTURA COMMODITIES PVT LTD 188 48,828,003.00 54850 DEVASHISH COMMODITIES PVT LTD 173 38,575,781.00 12050 EMKAY COMMOTRADE LTD 170 47,151,389.00 12770 GEOJIT COMTRADE LTD 164 38,136,318.00 10100 CHIMANLAL POPATLAL COMM. BROKER P. LTD 155 40,724,469.00 12890 NIRMAL BANG COMMODITIES PVT LTD 153 38,116,574.00 13750 PHILLIP COMMODITIES INDIA PVT LTD 152 39,332,784.00 11500 ARIHANT FUTURES & COMMODITIES LTD 149 37,239,498.00 10830 ASHIKA COMMODITIES & DERIVATIVES PVT 142 34,133,283.00 13830 SUSHIL GLOBAL COMMODITIES PVT LTD 137 31,101,720.00 38150 CAPITAL FIRST COMMODITIES LIMITED 135 38,830,820.00 10650 RR COMMODITY BROKERS PVT LTD 114 27,482,324.00 11470 SURESH RATHI COMMODITIES PVT LTD 109 30,550,010.00 13730 MOTILAL OSWAL COMMODITIES BROKERS PVT LT 109 27,408,330.00 58030 TRADEBULLS COMMODTIES BROKING PVT LTD 97 20,199,873.00 11430 SHREE BAHUBALI COMMODITIES PVT LTD 91 23,137,875.00 14140 INTEGRATED REGISTRY SERVICES LTD 90 19,049,746.00 14400 SHRI PARASRAM COMMODITIES PVT LTD 80 19,351,743.00 10560 SIHL COMMODITIES LTD 76 20,930,902.00 13620 SETHIA & SONS PVT LTD 75 19,438,374.00 13680 SYSTEMATIX COMMODITIES SERVICES PVT LTD 74 21,808,298.00 12350 LUDHIANA COMMODITIES TRADING SERVICES LT 73 19,610,322.00 13920 AIRAN COMMODITIES PVT LTD 72 18,137,229.00 58100 PRUDENT COMDER PRIVATE LIMITED 70 18,288,438.91 10400 KARVY COMTRADE LTD 68 17,061,166.00 14100 JM FINANCIAL COMMTRADE LTD 66 18,622,446.00 52000 ALMONDZ COMMODITIES PVT LTD 65 17,568,512.00 13230 SPFL COMMODITIES PVT LTD 61 13,544,084.00 58250 HASMUKH MULCHAND COMMODITIES 59 15,568,415.41 13950 PUNE E COMMODITIES BROKING PVT LTD 55 13,402,234.00 13280 RATNAKAR COMMODITIES PVT LTD 53 13,133,036.00 57710 JADE COMMODITIES PVT LTD 52 14,207,900.00 12850 MARWADI COMMODITY BROKER PVT LTD 51 13,537,476.00 13340 CD COMMOSEARCH PVT LTD 51 14,262,316.00 57800 FIDELITY COMMODITIES (P) LTD 46 10,822,335.56 10460 AUM COMMODITY PRIVATE LIMITED 45 12,723,427.00 10660 HARDIK MULTI COM BROKING PVT LTD 45 14,280,733.00 56900 RAY TRADING PVT LTD 45 11,135,439.00

Member No. of Member Name Total Special Payout Code Clients 58350 GHANSHYAM PATEL INVESTMENT & COMMODITIES 44 8,750,224.14 10740 RAINBOW COMMODITY & DERIVATIVES P. LTD 43 12,413,338.00 57550 MCI COMMODITIES 43 11,134,889.00 13320 LATIN MANHARLAL COMMODITIES PVT LTD 41 12,329,198.00 57930 SUJASH ENTERPRISES PVT LTD 41 10,588,066.00 12590 ADITYA BIRLA COMMODITES BROKING LTD 36 11,214,242.00 14600 WAY2WEALTH COMMODITIES PVT LTD 36 8,524,383.00 13580 MATALIA COMMODITY 35 9,291,301.00 52500 ABIS COMMODITIES TRADING PVT LTD 35 8,705,820.00 13130 PROGRESSIVE COMTRADE PVT LTD 34 8,771,567.00 14410 DHARITA STOCK DEALS PVT LTD 34 8,478,223.00 58270 ARVIND C CHOKSHI COMMODITIES 34 8,840,873.29 12960 INTEGRATED COMMODITY TRADES (P) LTD 33 8,529,300.00 56250 PADMAKSHI COMMODITIES PVT LTD 32 8,430,610.07 10580 DANI COMMODITIES PVT LTD 30 8,899,768.00 13660 MODEX COMMODITY TRADES PVT LTD 29 7,199,696.00 13720 VCK COMMODITY SERVICES PVT LTD 29 6,588,521.00 14440 GEPL COMMODITIES PVT LTD 27 7,221,245.00 55000 ROONGTA COMTRADE PVT LTD 27 6,591,666.00 56050 SHREENATH COMMODITY & DERIVATIVES P LTD 27 6,079,529.00 10780 BALJIT METALS PVT LTD 26 6,539,872.00 58010 NATSONS SECURITIES 26 7,206,982.51 13550 AGRAHAR COMMODITIES & DERIVATIVES (P) LT 25 7,976,639.00 14200 GRESHMA COMMODITIES PVT LTD 25 6,380,169.00 54500 DIPAL FINANCE 24 5,308,670.00 57700 JAINAM COMMODITIES PVT LTD 24 5,085,771.00 85330 AKC FINANCIAL CONSULTANTS (P) LTD 23 6,132,924.00 11300 LALKAR COMMODITIES PVT LTD 22 5,270,594.00 14020 AJAY NATWARLAL COMMODITIES PVT LTD 22 5,787,399.00 14520 MK COMMODITY BROKERS LIMITED 21 5,074,355.00 39050 KK COMTRADE PVT LTD 21 5,170,935.77 11990 VIKSON COMMODITIES PVT LTD 20 4,442,105.00 12980 ALPHA COMMODITY PVT LTD 20 5,637,029.00 13190 INDIA NIVESH COMMODITIES PVT LTD 20 5,664,894.00 58110 K B COMSTOCK 20 5,394,131.00 12830 FORT COMTRADE PVT LTD 19 5,223,052.00 58060 PHOENIX COMMODITIES PVT LTD 19 4,821,390.00 57300 DHWANI TRADING & INVESTMENTS PVT LTD 18 4,303,711.00 58020 KUSHAL HOLDINGS PRIVATE LIMITED 18 4,128,066.00 58210 BANGALORE COMMODITIES LIMITED 18 4,380,537.00 10450 MS MILIND VIJAYBHAI THAKKAR 17 4,018,953.00 11310 PRITHVI BROKING PVT LTD 17 3,591,822.00 58120 BEST DEAL COMMODITY BROKERS PVT LTD 17 4,377,281.00

Member No. of Member Name Total Special Payout Code Clients 10990 EUREKA COMMODITY BROKERAGE PVT LTD 16 4,574,298.00 14360 SKUNG COMMXPERTS LTD 16 4,260,491.00 58080 TRUE VALUE COMMODITIES PRIVATE LIMITED 16 3,784,788.77 10160 PINNACLE BROCOM PVT LTD 14 2,886,680.00 13150 HEM MULTI COMMODITIES PVT LTD 14 3,569,395.00 14220 ANUGRAH COMMODITIES PVT LTD 14 3,783,508.00 10410 INDIRA COMMODITIES PVT LTD 13 3,536,976.00 11760 BONANZA COMMODITY BROKERS PVT LTD 13 3,284,063.00 12400 MULTIGAIN COMMODITIES PVT LTD 13 3,263,054.00 13500 B N RATHI COMTRADE PVT LTD 13 3,040,906.00 13740 ASHLAR COMMODITIES PVT LTD 13 3,198,978.00 38170 R WADIWALA COMMODITIES PVT LTD 13 3,151,982.00 85320 INCREDIBLE ADVISORY SERVICES PVT LTD 13 2,495,448.00 14250 GOLDMAN GOLD LTD 12 2,024,413.00 39090 MLAP COMMODITIES LLP 12 2,291,470.51 39120 NARIMAN COMMODITY SERVICES PVT LTD 12 3,040,598.91 52650 MOUNT SHIKHAR COMMODITIES PVT LTD 12 3,493,662.91 10180 RELIGARE COMMODITIES LTD 11 3,577,988.00 10422 CHAMUNDA COMMODITY PRIVATE LTD 11 2,837,653.00 12120 A B COMMODITIES 11 2,324,761.00 12360 SHREEJI KOSH SERVICES PVT LTD 11 4,283,925.00 37550 TWENTY20 COMMODITIES PVT LTD 11 2,953,564.00 40020 INDOVISION COMMODITIES LTD 11 3,125,790.00 53400 PATERSON COMMODITIES PVT LTD 11 2,312,176.00 13930 CIL COMMODITIES PVT LTD 10 3,418,035.00 58130 PDEVIDAS COMMODITIES PVT LIMITED 10 2,463,730.00 10110 JHAVERI CREDITS AND CAPITAL LTD 9 3,203,287.00 10620 P C S COMMODITIES PVT LTD 9 2,406,665.00 10910 R K GLOBAL COMMODITY BROKING LTD. 9 1,933,438.00 11260 J V COMMMODITY PVT LTD 9 2,085,655.00 13530 IDEAL COMMODITIES PVT LTD 9 2,284,521.00 36010 SINCERE COMMODITES & DERIVATIVES LTD 9 2,847,472.00 37900 ADINATH COMMTRADE (P) LTD 9 2,293,995.00 58190 J G A SHAH COMMODITIES 9 2,780,439.96 58280 NALANDA COMMODITIES PVT LTD 9 2,545,063.12 12790 SHAREKHAN COMMODITIES PRIVATE LIMITED 8 1,502,423.00 12940 VERTEX COMMODITIES AND FINPRO PVT LTD 8 1,750,458.00 13455 ASIT C.MEHTA COMMODITY SERVICES PVT LTD 8 2,930,638.00 14320 INDO THAI COMMODITIES PVT LTD 8 1,973,337.00 14640 VEEZ COMMODITIES PVT LTD 8 1,949,353.00 57900 LECMEC COMMODITIES BROKING PVT LTD 8 2,071,378.00 11580 INVESTSMART COMMODITIES LTD 7 2,374,882.00 11740 OHM COMMODITIES 7 1,383,724.00

Member No. of Member Name Total Special Payout Code Clients 13110 BALAJI COMMODITY FUTURES PVT LTD 7 2,152,331.00 50010 INDIAN BULLION MARKET ASSOCIATION LTD 7 2,632,918.68 58090 JAVERILAL OSWAL COMMODITIES PVT LTD 7 1,696,860.00 11660 MAVJI HARIBHAI COMMODITIES 6 1,771,640.00 13070 ROHINTON ERUCH SHROFF 6 1,779,258.00 13400 EXCEL COMMODITY & DERIVATIVE PVT.LTD 6 1,843,852.00 13520 COSMOPOLITAN COMMODITY PVT LTD 6 1,431,356.00 58150 OMKAM COMMODITIES PVT LTD 6 1,647,884.00 85180 GYAN COMMODITIES PVT LTD 6 1,031,857.64 11670 FIVE SQUARE AGRO GOLD PVT LTD 5 1,350,297.00 13030 EF COMMODITIES PVT LTD 5 1,459,562.00 13640 ADROIT COMMODITIES SERVICES PVT LTD 5 913,499.00 14370 SUGAL COMMODITY BROKERS PVT LTD 5 1,155,043.00 14580 BAHUBALI COMMODITY SERVICES PVT LTD 5 1,018,166.00 39010 SMC COMTRADE LTD 5 1,103,013.00 55100 CASTLE BUSINESS SOLUTIONS (P) LTD. 5 1,046,892.93 57740 COMMODITY GURU TRADING SERVICES 5 875,140.00 58040 GRISHMA INTERMEDIARIES PVT LTD 5 1,270,917.00 10290 VIJETA MULTI COMMODITIES PVT LTD 4 1,356,820.00 11160 CHINMAY FINANCIAL SERVICES 4 648,930.00 12750 KOMAL CREATION 4 1,184,278.00 12820 GUINESS COMMODITIES PVT LTD 4 877,311.00 12900 SAMRIDDHI BUSINESS PVT LTD 4 766,097.00 13540 GIGANTIC COMMODITIES PVT LTD 4 1,205,313.00 13630 NORTHEAST COMMODITIES PVT LTD 4 927,883.00 58230 LFS COMMODITIES PVT LTD 4 1,156,046.00 85270 A.C.AGARWAL COMMODITIES PVT LTD 4 748,305.00 10070 VIJAY T PATEL 3 450,213.00 10140 NARAYAN COMMODITY BROKERS PVT LTD 3 672,595.00 11650 KEDIA COMMODITY COMTRADE PVT LTD 3 587,651.00 13470 REFINED METALS 3 731,267.00 13760 SHIKAGO TRADE PVT LTD 3 426,439.00 14290 K N SECURITIES 3 924,925.00 14720 PYNE COMMODITIES SERVICES PVT LTD 3 981,548.00 57500 SKP COMMODITIES LTD 3 1,742,164.68 58300 KALYANBHAI MAYABHAI FINANCIAL SERVICES P 3 1,228,196.51 10060 CFA BROKING PVT LTD 2 332,886.00 10510 DAGA COMMODITIES PVT LTD 2 503,933.00 11390 ITL COMMODITIES PVT LTD 2 477,004.00 11510 ACUMEN COMMODITIES INDIA LTD 2 226,793.00 13160 PARWATI COMMODITY MARKET PVT LTD 2 609,344.00 14120 ARCADIA COMMODITIES AND TRADING 2 472,268.00 14420 CHOICE MERCHANDISE BROKING PVT LTD 2 545,392.00

Member No. of Member Name Total Special Payout Code Clients 37500 GANESH COMMODITIES PVT LTD 2 694,431.00 52700 BLUE CREST COMMODITIES PVT LTD 2 705,518.00 53050 DAYAVANT ADVISORY SERVICES PVT LTD 2 724,477.00 53150 MPC COMMODITIES PVT LTD 2 712,488.00 55350 SHAUNAK SERVICES PVT LTD 2 513,168.00 55650 DOUBLEPLUS WEALTH MANAGEMENT 2 421,776.00 57980 VIBRANT COMMODITIES TRADING PVT LTD 2 531,422.00 85080 INDIAN PORTFOLIO LTD 2 594,618.00 10440 RAGHUNANDAN INDUSTRIES PVT LTD 1 196,278.00 10690 CHONA COMMODITY TRADING SERVICES PVT LTD 1 217,500.00 10770 VACHI COMMODITIES AND DERIVATIVES P LTD 1 390,286.00 10860 SSJ COMMODITIES PVT. LTD. 1 356,735.00 10880 LEO GLOBAL COMMODITIES PVT. LTD. 1 196,965.00 11190 HITECH BPO SOLUTION PVT LTD 1 115,430.00 12780 SHAREWEALTH COMMODITIES PVT LTD 1 211,086.00 12800 PACE COMMODITY BROKERS PVT LTD 1 307,469.00 13870 NDA COMMODITY BROKERS PVT LTD 1 168,254.00 14490 CELEBRUS COMMODITIES LIMITED 1 168,087.00 52250 FAIRDEAL COMMODITIES 1 213,257.00 55750 OM ASSOCIATES 1 167,935.00 56100 SUNTECK WEALTHMAX COMMODITIES PVT LTD 1 197,259.00 56600 CAPSTOCKS COMMODITIES PVT LTD 1 166,372.47 57600 SV COMMODITIES 1 243,446.00 57760 LORDSWAY COMMTRADE INDIA LTD 1 241,613.00 57880 SAGAR INVESTMENT 1 450,655.31 58000 BALAJI STAR FINANCE COMPANY 1 422,721.42 58140 ADITYA COMMODITIES PVT LTD 1 387,526.00 58220 ORANGE COMMODITY SERVICES PVT LTD 1 391,059.00 85160 CREATION COMMODITY SERVICES LTD 1 168,406.00 Total 7063 1,792,580,068.35 Total Amount in Crores 179.26