Lfs Broking Private Limited

LFS BROKING PRIVATE LIMITED

(Member BSE, NSE, MCX & CDSL)

A P P L IC A T IO N F O R A D D IT IO N A L S EG M E N T / EX C H A N G E F O R T R A D IN G A C C O U N T

Client Code

Client Name

Branch/ AP Code

Branch/ AP Name

LFS BROKING PVT. LTD. CIN NO.: U67190PN2011PTC140719 Registered Office Address: Office No. 311/75, 3rd Floor, Shrinath Plaza, ‘B’ Wing, F.C. Road, Shivaji Nagar, Bhamburda, Pune - 411005. Correspondence Office Address: Unit No. 08, 2nd Floor, Prabhadevi Industrial Estate, 408 Veer Savarkar Marg, Prabhadevi, Mumbai - 400025. Tel: (91) 22-49228222 Fax: (91) 22-49228221 Website: www.lfsbroking.in

Exchange Segment SEBI Registration No. Member Code Date of Registration BSE CASH/FO INZ 000101238 6628 February 20, 2017 NSE CASH/FO/CD INZ 000101238 90022 February 20, 2017 MCX COMMODITY INZ 000101238 56350 February 20, 2017 CDSL Depository Participant IN-DP-CDSL-363-2018 85400 April 05, 2018

IL & FS Securities Services Ltd. IL&FS House, Plot No.14, Raheja Vihar, Chandivali, Clearing Member for NSE (FO & CD) Segments: Andheri (E), Mumbai - 400072. Tel.: 022-42493000 www.ilfsdp.com SMC Comtrade Ltd. Clearing Member for MCX Commodity 11/6B, Shanti Chamber, Pusa Road, New Delhi ‐ 110005. Derivatives Segment: Tel.: 011-30111000 www.smcindiaonline.com

Mr. Anand Tamhane Compliance Officer Details: Ph : 022-49228222 Ext: 225 Email id : [email protected] Mr. Saiyad Jiyajur Rahaman Director/CEO Details: Ph : 022-49228222 Ext. 220 Email id : [email protected]

For any grievance / dispute please contact LFS BROKING PVT. LTD. at the above address or email id [email protected] and phone no. 91-022-49228222

In case not satisfied with the response, please contact the concerned exchange(s) at below given Email-Id and Phone No.: Exchange Email ID Phone No. Bombay Stock Exchange Ltd. (BSE) [email protected] 022-43550218 National Stock Exchange of India Ltd. (NSE) [email protected] 1800-266-0058 Multi Commodity Exchange of India Ltd. (MCX) [email protected] 022-66494070 Central Depository Services (India) Ltd. (CDSL) [email protected] 1800-22-5533

“In case not satisfied with the response, please lodge and track compliant on SEBI centralized web based complaints redress system (SCORES) from anywhere by visiting www.scores.gov.in.”

DISCLOSURE INFORMATION (Disclosure to Proprietary Trading pursuance to SEBI Circular no. SEBI/MRD/SE/Cir-42/2003 dated Nov 19, 2003)

Dear Client,

This is to inform you that we do client based trading and undertake Pro account trading business on the Exchanges, we are registered as member.

For LFS BROKING PVT. LTD. I/we state that Know Your Client details as submitted by me/us at the time of account opening and any updations / modification submitted by me / us may be considered for the purpose of activating my account for additional segment/ Exchanges. I/We hereby authorize you to activate my account for segments and Exchanges given below.

1. Trading Preferences (Exchange/ Segments) (Please sign in the relevant boxes where you wish to trade. Segment not selected to be strike off)

Exchange Segments Signature of the Client Date of Consent for Trading on Concerned Exchange

Futures

MCX

Options

2. Proof of Income : (Compulsory for Commodity Derivatives) – illustrative list: (Please tick any one of the following)

Copy of ITR Acknowledgement Copy of Annual Accounts

In case of salary income – Salary Slip, Copy of Form 16 Net worth Certificate

Demat account holding statement Bank account statement for last 6 months

Others, Please Specify______

3. Mode of Receiving Contract Notes and other documents Physical Electronic Email ID: ______

4. Preference for Settlement of Funds and Securities Monthly Quarterly

5. Internet Trading / Wireless Trading Facility Yes No

6. Investment/ Trading Experience:

 No Prior Experience  ______Years in Commodities  ______Years in other Investment related fields

7. GST Registration Details: GST Registration Number

GST Implementation Location

8. Income Details: Annual Income Range per annum (Tick as applicable)

Below 1 Lac Rs. 1-5 Lac Rs. 5-10 Lac

Rs. 10-25 Lac Rs. 25-50 Lac Rs. 50 Lac – 1 Crore

Rs. 1 Crore and Above Or/ and # Networth as on ______(date) is Rs. ______/- (Rs. ______) # for “Individual” – Gross annual income or Networth details required)

5. Any change in KYC details submitted earlier Yes No

(If Yes, provide modification form along with proof)

DECLARATION

1) I/We hereby declare that the details furnished above are true and correct to the best of my/our knowledge and belief and I/We undertake to inform you of any changes therein immediately. In case any of the above information is found to be false or untrue or misleading or misrepresenting. I/We are aware that I/We may be held liable for it.

2) I/We confirm having read/been explained and understood the contents of the document on Policy and Procedure, Tariff Sheet and all the voluntary/non-mandatory documents of LFS Broking Pvt. Ltd.

3) I/We have further confirmed having read and understood the contents of the ‘Rights and Obligations documents(s)’, ‘Risk Disclosure Document (RDD)’ and ‘Dos & Don’ts’. I/We hereby agree to be bound by the provisions as outlined in these documents. I/We have also been informed that the standard set of documents has been displayed for information on Member’s designated website - www.lfsbroking.in.

Place :

Date : (______) Signature of Client/ Authorized Signatories)

Mandatory TARIFF SHEET

MCX Commodity Derivative Segment

Particulars Options Futures

One Side Other Side Carry Forward Position

Note: It shall be noted that in addition to the Brokerage mentioned herein above, Other regulatory and statutory charges like transaction Charges, SEBI Fees, Securities Transaction Charges, Commodities Transaction Charges, Stamp duty, Goods and Service Tax and other charges shall be levied at the prescribed rate.

Name

Signature

COMMODITY OPTION TRADING ACTIVATION FORM (To be taken on letter head in case of non-individual client)

Date:

To, LFS BROKING PVT. LTD. Unit No.08, 2nd Floor, Prabhadevi Industrial Estate, 408 Veer Savarkar Marg, Prabhadevi, Mumbai - 400025.

Dear Sir/Madam,

I/We ……………………………………………………………………………………….., a client (client code ……………………………) of M/s. LFS Broking Private Limited do hereby undertake that I/We wish to trade in Commodity Options subject to regulatory requirements of the Exchange and SEBI from time to time.

I/We have read and understood Additional Risk Disclosure documents for Options Trading about Risk of Option Holders and Risk of Option Writers as per attached ANNEXURE 1.

Yours Faithfully, Name

Signature

(Note: In case of Corporate/ Trust, a resolution from Board of Directors/ Trustees clearly stating that the Corporate/ Trust are authorized to trade in Commodity Options and they intend to trade in Commodity Options on Multi Commodity Exchange of India Limited)

Appendix ‘A’ Authorization for Electronic Contract Note [ECN] - Declaration (VOLUNTARY) To, LFS BROKING PVT. LTD. Unit No.08, 2nd Floor, Prabhadevi Industrial Estate, 408 Veer Savarkar Marg, Prabhadevi, Mumbai - 400025.

Sub: Authorization for Electronic Contract Notes & Acceptance for Electronic Communication:

Dear Sir,

I, ______a client with Member M/s. LFS Broking Pvt. Ltd. of MCX Exchange undertake as follows:

 I am aware that the Member has to provide physical contract note in respect of all the trades placed by me unless I/myself want the same in the electronic form.  I am aware that the Member has to provide electronic contract note for my convenience on my request only.  Though the Member is required to deliver physical contract note, I find that it is inconvenient for me to receive physical contract notes. Therefore, I am voluntarily requesting for delivery of electronic contract note pertaining to all the trades carried out I ordered by me.  I have access to a computer and am a regular internet user, having sufficient knowledge of handling the email operations.  My email id is______. This has been created by me and not by someone else.  I am aware that this declaration form should be in English or in any other Indian language known to me.  I am aware that non-receipt of bounced mail notification by the member shall amount to delivery of the contract note of the above e-mail ID. {The above declaration and the guidelines on ECN given in the Annexure have been read and understood by me. I am aware of the risk involved in dispensing with the physical contract note, and do hereby take full responsibility for the same.} *(The email id must be written in own handwriting of the client.)

Client Name: ______Unique Client Code: ______

Address: ______PAN: ______

Date: Signature of the Client: Place:

Verification of the Client Signature done by, Name of the designated officer of the member:

Signature & Date: 7

Voluntary RUNNING ACCOUNT AUTHORISATION Date:______

To, LFS BROKING PVT. LTD. Unit No.08, 2nd Floor, Prabhadevi Industrial Estate, 408 Veer Savarkar Marg, Prabhadevi, Mumbai - 400025.

Dear Sir,

I am/we are regularly trading with you for Derivative market in MCX. I/We hereby authorized you to do following on my / our behalf:

 I/We hereby give my/our consent to maintain my/our account for funds & commodities as Running Account.  The credit balance in lying in my/our account should be considered as margin deposits.  I/We request you to keep my/our funds with you to meet my/our pay in obligation in the succeeding settlements of Exchange.  In case of lawful outstanding obligation on the settlement date, you may retain the requisite funds/commodities towards such obligation and may also retain the funds expected to be required to meet margin obligations for next 5 trading days, calculated in the manner specified by the exchange.

Please note that I/We would like the mandatory settlement of funds and securities (if applicable), as below to be made to me / us on the basis indicated below. (tick against your preference.)

Quarterly Monthly

 In case client is active only in Commodity exchange where the value is less than 50,000/- or such amount as prescribed by Exchange/ SEBI from time to time shall not be settled as per the preference above.

 There shall be no inter-client adjustments for the purpose of settlement of the ‘Running Account’.

 I/We have noted the following:

1. This running account authorization will continue until it is revoked by me. 2. The authorization shall be signed by me/us only and not by any Power of Attorney holder or by any authorized person. 3. I/We may revoke the authorization at any time.

Yours faithfully,

Name

Signature

Voluntary Concent form for receiving trade alerts through SMS and/or Email (MCX)

To, LFS BROKING PVT. LTD. Unit No. 08, 2nd Floor, Parabhadevi Industrial Estate, 408 Veer Savarkar Marg, Prabhadevi, Mumbai ‐ 400 025.

I/We, ______a client with M/s. LFS Broking Pvt. Ltd. (Member Id: 56350) of MCX, undertake as follows:

1. I/We am/are aware that Multi Commodity Exchange of India Limited (MCX) provides the details of the trades executed on its trading platform to the concerned clients/constituents through SMS/Email alerts. 2. I/We am/are aware that the Exchange has to provide the trade details through SMS/Email alerts for my/our convenience at my/our request only. 3. I/We hereby conﬁrm that I/we wish to receive the trade alerts through:

a. SMS b. E-mail c. SMS & E‐MAIL

4. The alerts should be sent on:

a. Mobile number :

b. Email ID :

I/We hereby agree to the terms and condition speciﬁed by the Exchange vide circular no. MCX/T&S/165/2012 dated on April 26, 2012 and circulars/clariﬁcations issued by the Exchange from time to time. In this regard, we are also aware that this is an additional facility provided by the Exchange and we shall not solely rely or use such data for any purpose and, Exchange shall not liable for any direct or indirect loss of nay nature because of providing this additional facility.

Client Name: Client Signature:

Unique Client Code: Date:

PAN: Place:

Voluntary Declaration of Open Position

To, LFS BROKING PVT. LTD. Unit No.08, 2nd Floor, Prabhadevi Industrial Estate, 408 Veer Savarkar Marg, Prabhadevi, Mumbai - 400025.

Sub: My request for trading in commodity forward contracts/commodity derivatives on MCX as your client

I/ We the undersigned have taken cognizance of circular no. MCX/338/2006 dated December 7, 2006 on the guidelines for calculation of net open positions permitted in any commodity and l/We hereby undertake to comply with the same.

I/We hereby declare and undertake that we will not exceed the position limits prescribed from time to time by MCX or SEBI and such position limits will be calculated in accordance withuthe contents of above stated circular of NCDEX as modified from time to time.

I/We undertake to inform you and keep you informed if l/any of our partners/directors/karta/trustee or any of the partnership firms /companies/HUFs/ Trusts in which I or any of above such person is a partner/director/karta/trustee, takes or holds any position in any commodity forward contract/commodity derivative on MCX through you or through any other member(s) of MCX , to enable you to restrict our position limit as prescribed by the above referred circular of MCX as modified from time to time.

I/We confirm that you have agreed to enter orders in commodity forward contracts/commodity derivatives for me/us as your clients on MCX only on the basis of our above assurances and undertaking.

In this connection I/We hereby submit the details of the entities with which I am related.

Sr. Trading Member Client Code Name Related As No. Name

Yours faithfully,

Name

Signature

Acknowledgement

To, LFS BROKING PVT. LTD. Unit No.08, 2nd Floor, Prabhadevi Industrial Estate, 408 Veer Savarkar Marg, Prabhadevi, Mumbai - 400025.

I/we hereby confirm that I/we have read, understood, agreed and received a duly executed copy of the:

• Account Opening Form • Tariff Sheet • Right and Obligations of Commodity Brokers, Authorised Person and Clients • Risk and Disclosure document for Commodity market. • Policies and Procedures • Option Trading Form and Additional Risk Disclosure Document related to option trading. • Guidance Note - Do's and Don’ts for trading on the Exchange(s) for Investors. • Other disclosure/documents as agreed by me specifically in voluntary segment.

I/we am/are abiding by these terms & conditions. I/we reconfirm that I/we and Commodity Broker shall refer any claim and/or disputes with respect to trade, deposits, margin money, etc. to arbitration as per the Rules, Byelaws, and Regulation of the Exchanges and the circulars/ notices issued there under as may be in force from time to time.

I also confirm that it is informed that the Risk Disclosure Document, Right and Obligations, Do’s and Don’ts and other relevant documents are also available on member’s website.

Yours faithfully,

Name

Signature

Annexure - 1

Additional Risk Disclosure Documents for Option Trading

Risk of Option holders:

1. An option holder runs the risk of losing the entire amount paid for the option in a relatively short period of time. This risk reflects the nature of an option as a wasting asset which becomes worthless when it expires. An option holder who neither sells his option in the secondary market nor exercises it prior to its expiration will necessarily lose his entire investment in the option. If the price of the underlying does not change in the anticipated direction before the option expires, to an extent sufficient to cover the cost of the option, the investor may lose all or a significant part of his investment in the option.

2. The Exchanges may impose exercise restrictions and have absolute authority to restrict the exercise of options at certain times in specified circumstances.

Risks of Option Writers: 1. If the price movement of the underlying is not in the anticipated direction, the option writer runs the risks of losing substantial amount.

2. The risk of being an option writer may be reduced by the purchase of other options on the same underlying interest and thereby assuming a spread position or by acquiring other types of hedging positions in the options markets or other markets. However, even where the writer has assumed a spread or other hedging position, the risks may still be significant. A spread position is not necessarily less risky than a simple 'long' or 'short' position.

3. Transactions that involve buying and writing multiple options in combination, or buying or writing options in combination with buying or selling short the underlying interests, present additional risks to investors. Combination transactions, such as option spreads, are more complex than buying or writing a single option. And it should be further noted that, as in any area of investing, a complexity not well understood is, in itself, a risk factor. While this is not to suggest that combination strategies should not be considered, it is advisable, as is the case with all investments in options, to consult with someone who is experienced and knowledgeable with respect to the risks and potential rewards of combination transactions under various market circumstances.

______Client Signature