CHECKLIST FOR SEBI NOC Sr.No. Particulars Remarks 1 Covering Letter Parent/Holding Company Annexure 1 2 Application Form from IFSC Company Annexure 2 3 SEBI NOC Format & Undertaking Annexure 3 4. Latest Audited (Not more than 6 months old) Networth Certificate as per L. C. Gupta Format and 5 Latest Audited and Provisional (Not more than 6 months old Balance Sheet, Profit & Loss along with schedule (Audited 6 Certified Incorporation Certificate of IFSC Company INX Membership Department Checklist for SEBI NOC _ Version 1 Page 1 of 6
Annexure 1 (ON THE LETTERHEAD OF PARENT/HOLDING COMPANY) APPLICATION TO SEBI To Membership Department, India International Exchange (IFSC) Limited, 1st Floor, Unit No. 101, The Signature, Building no. 13B, Road 1C, Zone 1, GIFT SEZ, GIFT City, Gandhinagar, Gujarat 382355 Sub: Application to SEBI to grant NOC for setting up Wholly Owned Subsidiary Company to infuse capital. Dear Sir, With reference to the above captioned subject, we, are submitting the application to SEBI for seeking NOC for infusing capital in our Wholly Owned Subsidiary Company name for the purpose of its registration on India INX. We are enclosing the following document. 1. Application Form 2. Format for SEBI NOC 3. Networth Certificate 4. Audited Financial Statement 5. Certificate of Incorporation of (IFSC) Limited Kindly do the needful. Thanking your For (name of Parent/Holding Company) Signature Name Designation Place: Date: INX Membership Department Checklist for SEBI NOC _ Version 1 Page 2 of 6
(To be filled by entity who is promoted by Indian Company) (On the letter head of the applicant, signed and stamped by designated director/s on every page) Annexure 2 Trading Membership Application Form India International Exchange (IFSC) Limited 1. Name of the Applicant Company: 2. In case of applicant company is wholly owned subsidiary of member of any Indian Exchange Name of the Entity Registration Number PAN Number 3 Details of the Applicant a. Date of incorporation (dd/mm/yyyy) a. Place of incorporation b. Corporate Incorporation Number (CIN No.) c. PAN Number If applied, please indicate: Yes No d. TAN Number If applied, please indicate: Yes No e. Registered Office Address: City: District: // State Pin Code Contact Details: STD Code Telephone Number Email Address: INX Membership Department Checklist for SEBI NOC _ Version 1 Page 3 of 6
Website Address (Optional) Details of Contact person: Name: Designation: STD Code Telephone Number Mobile Number Email address: 4. Declaration We hereby apply for trading Membership of India International Exchange (IFSC) Limited. We agree to be bound by Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 as amended from time to time and circulars issued and to pay fees as provided for by India International Exchange (IFSC) Limited. We acknowledge that any misstatement or misrepresentations or withholding of facts in connection with this application for membership or breach of any undertaking or condition of admission to membership may result in rejection of our application or termination of our membership. We hereby state that the above mentioned particulars are correct and complete to the best of our knowledge. Signature/s: 1. 2. Name of the Authorized signatories (Name of Designated Directors)* 1. 2. Date: Place: 1. Please provide the payment details of the bank through which the SWIFT transfer has been made and attach proof of payment scanned copy Amount paid : Name of the Bank : Branch Name : Wire Transfer Number : Date : INX Membership Department Checklist for SEBI NOC _ Version 1 Page 4 of 6
Annexure 3 (ON THE LETTERHEAD OF PARENT/HOLDING COMPANY) FORMAT FOR APPLICATION TO SEBI I GENERAL INFORMATION: 1 Details of all registrations of the parent/ group company(ies) and its group/associate entities in India or abroad: 2 Networth of parent company based on the latest audited results (in Rs. Cr.) 3 Names of Promoters / Directors / Key Personnel of the parent/ group company (ies) 1. Name of the entity (Earlier name, if any) 2. Type o Intermediary 3. Registration Number 4. Date of Registration 5. Validity of Registration 4 a) Details of regulatory action taken/initiated/pending, if any, against the applicant/group/associate entities/ promoters/ directors/key personnel /principal officer of the applicant company (in India/abroad) b) Provide corrective measures taken in respect of pending/completed actions initiated by SEBI during the last 5 years in respect of the parent/ group company (ies) Note: If the intermediary has already submitted details of c o r r e ct i v e measures to SEBI in the past in case of the above, only a copy of the same may be provided. 5 Any fee remaining unpaid to SEBI by parent/ associates/its sub-brokers 6 Amount of proposed investment/end investment (converted in Indian Rupees) in the applicant company. 7 Whether the parent is setting up a Wholly Owned subsidiary (WOS) or a Step Down Subsidiary (SDS) or entering into Joint Venture (JV) or acquiring stake in an existing company. INX Membership Department Checklist for SEBI NOC _ Version 1 Page 5 of 6
II UNDERTAKING BY THE PARENT COMPANY Pursuant to setting up Wholly Owned Subsidiary (WOS)/ investment in step down subsidiary, we shall maintain Networth for each category of Registration as per SEBI Act, 1992 & Regulations/ circulars issued thereunder and bye laws/ rules/ regulations/ circulars etc. issued by respective stock exchanges/depositories. Signature Name Designation Place: Date: III. ENCLOSURE a. Certificate of Networth, duly certified by a Chartered Accountant. INX Membership Department Checklist for SEBI NOC _ Version 1 Page 6 of 6