Dear ICICI Securities clients,

SEBI issued circular bearing reference no. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/95 dated 21-June-2023 on trading preferences by clients.

As per the said circular, if you are already registered for a particular segment on an Exchange, your account by default will be enabled for the said segment of the other Exchange(s) as well, in which ICICI Securities has an active membership.

Presently, ICICI Securities has an active membership of the following exchanges:

• - Cash (NSE & BSE)
• - Equity Derivatives (NSE & BSE)
• - Currency Derivatives (NSE)

In view of the above, your account will be enabled for both the Exchanges depending on the segments in which you have been already registered or trading, if already not enabled.

If you don't wish to enable your account on either of the above Exchanges, kindly notify us in writing on equity.settlements@icicisecurities.com.

SEBI Research Analyst Registration Number - INH000000990 Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. None of the research recommendations promise or guarantee any assured, minimum or risk free return to the investors.

Name of the Compliance officer (Research Analyst): Mr. Atul Agrawal, Contact number: 022-40701000 E-mail Address : complianceofficer@icicisecurities.com

For any queries or grievances: Mr. Prabodh Avadhoot, Email address: headservicequality@icicidirect.com Contact Number: 18601231122

Broad Framework for Short Selling:

SEBI vide circular dated SEBI/HO/MRD/MRD-PoD-3/P/CIR/2024/1 dated January 05,2024 reiterated the framework for short selling. The circular, inter alia, covers the below salient points:

• Naked short selling shall not be permitted in the Indian securities market and accordingly, all investors would be required to mandatorily honor their obligation of delivering the securities at the time of settlement.
• No institutional investor shall be allowed to do day trading i.e., square-off their transactions intra-day.
• The securities traded in F&O segment shall be eligible for short selling.
• The institutional investors shall disclose upfront at the time of placement of order whether the transaction is a short sale.

Key Points

• In accordance with the aforementioned guidelines, you are requested to kindly disclose to your dealer on an upfront basis at the time of order placement if any transaction is of short sale in nature.
• ICICI Securities will the collate the requisite details and report the same to the respective stock Exchanges.