Investor Corner

Investor charters

• Investor Charter for Stock Brokers(web page)
• Investor Charter for Research Analysts(web page)

Complaints data

Complaints received and redressed, published by the 7th of each month.

• Investor complaints data, stock broker(web page)
• Investor complaints data, research analyst(web page)

Rights, risk disclosure and policies

• Rights and obligations, risk disclosure document, Do’s and Don’ts, and HNSPL policies and procedures(web page)

Client bank accounts

• Client bank accounts (USCNB) of HNSPL(web page)

Risk disclosures

• Risk disclosures on derivatives(web page)

Investor charters

• SEBI circular: Investor Charter for Stock Brokers, 21 February 2025 (PDF, 771 KB, 11 pages)

  The current charter as issued by SEBI. The same text, with the HNSPL logo, is on the Investor Charter page.

• SEBI circular: Investor Charter for Research Analysts, 2 June 2025 (PDF, 753 KB, 9 pages)

  The current charter as issued by SEBI. The same text, with the HNSPL logo, is on the Research Analyst Investor Charter page.

Client protection

• Segregation and monitoring of collateral at client level (PDF, 89 KB, 1 page)
• Rights and obligations, scanned original (PDF, 10.3 MB, 16 pages)

  Scanned copy with a searchable text layer. The accessible text is on the Rights and Obligations page.

Investor awareness

• Investor awareness message (PDF, 82 KB, 1 page)

  HNSPL summary of the SEBI circular of 1 October 2026. The full circular text is on the Risk disclosures page.

• SEBI circular (PDF, 381 KB, 3 pages)
• SEBI circular: risk disclosures on equity futures and options, 19 May 2023 (PDF, 473 KB, 5 pages)

  As issued by SEBI. The disclosures are written out on the Risk disclosures page.

• SEBI circular: investor awareness messages under Project Jagrook, 1 October 2026 (PDF, 935 KB, 3 pages)

  Scanned copy with a searchable text layer. The full text is also on the Risk disclosures page.

Account opening

• KYC form (account opening) (PDF, 3.2 MB, 50 pages)

  Form for printing and signing. An accessible alternative is available on request.

• Running Account Authorisation (format) (Word document, 19 KB)

  Print, sign and return. To be signed by the client personally, not by a power of attorney holder.

Most Important Terms and Conditions

• NSE circular: MITC for stock brokers (PDF, 236 KB, 3 pages)
• BSE notice 20240105-38: MITC for stock brokers (PDF, 68 KB, 1 page)

  As issued by BSE. The full text is on the Most Important Terms and Conditions page.

• SEBI circular: MITC for research analysts, 17 February 2025 (PDF, 413 KB, 4 pages)

  As issued by SEBI. The full text is on the Most Important Terms and Conditions page.

Authorised persons

• List of Authorised Persons (AP)(web page)