Ajcon Global Services Limited

DEPOSITORY SERVICES

AGSL has extended demat services to its clients by becoming a Depository Participants (DP) with the apex depository in India – Central Depository Services (India) Ltd. (CDSL). These services are ancillary to the main businesses of the Company. Besides being an additional source of income for the Company, it has also smoothened the functioning and operational work of the Company.

AGSL is the link between the investor and CDSL and all investors of AGSL by availing these services can utilise the services offered by CDSL. AGSL, by having on-line connectivity with depositories gives it access to centralised database and thus make available to the investors a to-the-minute status of their account and transactions.

Thus, it enables AGSL to offer value addition to its customers and most importantly “hassle free” services, in the following manner;

	Hold securities in clients account electronically.
	Execution & settlement of trades through the clients demat account.

The depository services have started in 2007. The Company is in the process of getting depository account opened for most of its clients.

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