SEBI vide circular no. SEBI/HO/MIRSD/POD-1/P/CIR/2024/4 dated January 12, 2024, and NSE Circular no NSE/INSP/61529 Dated April 08, 2024, regarding Framework for Trading Members to provide the facility of voluntary freezing/blocking of online access of the trading account to their clients.
It is pertinent to mention that:
Given the above Dayco Securities Pvt Ltd has framed the following policy governing the outline of the modus operandi. In addition to branch trading, Dayco Securities Pvt Ltd is extending the internet trading facility through browser-based. Presently we will be providing the following method of communications through which the client may request for voluntary freezing/ blocking of the online access of the trading account if any suspicious activity is observed in the trading account-
For freezing/blocking type: “BLOCK” FOLLOWED BY UCC WITHOUT SPACE Example: if your UCC is A00123 then the message will be “BLOCKA00123” and send it to +91 8336069309.
For un-freezing/ un-blocking type: “UNBLOCK FOLLOWED BY UCC WITHOUT SPACE” For Example: if your UCC is A00123 then the message will be “UNBLOCKA00123” and send it to +91 8336069309.
Request sent for such freezing/ blocking and un-freezing/ un-blocking may not be addressed by Dayco Securities Pvt Ltd if it is not sent from the client’s registered mobile number or sent to any other mobile number of Dayco Securities Pvt Ltd.
Dayco Securities Pvt Ltd shall take the following actions on the receipt of such request through any modes of communication for freezing/blocking of the online access of the trading account from the client:
Verify whether the request is received from the registered mobile number/e-mail ID of the client;
| Scenario | Timeline for issuing acknowledgment as well as freezing / blocking of the online access of the trading account. |
|---|---|
| Request received during the trading hours and within 15 minutes before the start of trading hour. | Within 15 minutes of receiving the request. |
| Request received after the trading hours and 15 Minutes before the closure of trading hour. | Before the start of next trading session |
Dayco Securities Pvt Ltd shall maintain the appropriate records/logs including requests received to freeze/block the online access of the trading account, confirmation given for freezing/blocking of the online access of the trading account, and cancellation of pending orders, if any, and sent them to the clients for the time limit as prescribed by the Regulator.
Re-enabling the client for online access of the trading account: - The Trading Member shall re-enable the online access of the trading account after carrying out necessary due diligence including validating the client request and unfreezing / unblocking the online access of the trading account.
If you have any questions, reply to this email or DM us or call us +91 83360 69309.
Background
Exchanges vide its circular NSE/INSP/62528 dated June 21, 2024 and 20240622-2 dated June 22, 2024 pertaining to ‘Policy on Handling of Good Till Cancelled Orders offered by Members to Clients’ mandated trading members to formulate a policy in case they offer “Good Till Cancelled” / “Good Till Triggered” orders or orders of similar type
Details of Good Till Cancelled/Good Till Triggered/orders
Policy Communication
The said policy shall be made part of the Account Opening Form/Kit under the heading “Policy on Handling of Good Till Cancelled Orders of Client” of the Policy and Procedures document and shall also be displayed on the company’s website.
The Client agrees to abide by this “MANDATORY POLICY” on Handling of Good Till Cancelled and/or Good Till Triggered Orders and/or Similar Types of Orders offered by Dayco Securities Pvt Ltd to its Clients and the Client(s) would NOT claim any Monetary Losses and Compensation, for the adherence of the above attributes laid in “the Policy”, by Dayco Securities Pvt Ltd.
Change in the Policy will be adopted as and when required by the company and is binding on all the Staff / Employees /and Directors of the Company.
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Registered Office: Poddar Point, B Block (North), 7th Floor, 113 Park Street, Kolkata – 700016, India.
Contact No: +91 9231023724 | Official Website: www.daycoindia.com
Regulatory Credentials: SEBI RIA: INA300016701 | SEBI RA: INH000012892 | STOCK BROKER: INZ000265037
NSDL: IN-DP-NSDL-28-97 | PFRDA: POP 24092018 | AMFI: ARN-46706 | CIN: U67120WB1994PTC064961
This is an important public announcement issued by M/s Dayco Securities Pvt. Ltd. to protect general investors from sophisticated cyber fraud.
It has come to our attention that fraudsters are criminally impersonating our company to run illegal investment schemes. These scammers are circulating forged SEBI registration certificates, fabricated regulatory approvals, fake signatures/stamps, and fake mobile applications to deceive the public and illegally solicit money.
Our IT and legal teams have identified multiple fake WhatsApp and Instagram groups being run by unauthorized domestic (+91) and international (+44) phone numbers. Please immediately exit and report if you are added to any of these:
⚠️ Investors are advised NOT to join any investment/trading related WhatsApp or Telegram groups through social media links, unknown invitations, or unauthorized QR codes.
🔴 NO GUARANTEED RETURNS: Dayco Securities Pvt. Ltd. NEVER promises, assures, or guarantees fixed, extraordinary, or high returns on stock market investments. Anyone promising this is a scammer.
🔴 NO PERSONAL BANK TRANSFERS: We never ask investors to transfer money into personal bank accounts, third-party names, or random UPI IDs/QR codes. All genuine financial transactions happen strictly through authorized corporate channels.
🔴 VERIFY THE URL: Fake digital payment requests and links are being sent to investors. Ensure that any payment link you interact with strictly originates from and contains the official domain: daycoindia.com.
🔴 OFFICIAL COMMUNICATION POLICY: Dayco representatives NEVER contact investors through WhatsApp calls for investment or payment related matters. Official calls from Dayco are made only through authorized company communication channels including 1600210206.
🔴 DATA & LOGIN SECURITY: Investors are strongly advised not to share PAN, Aadhaar, OTP, login credentials, bank details, trading passwords, or personal financial information with any unauthorized person/group.
🔴 OFFICIAL SMS COMMUNICATION: Official payment/dues related SMS communications from Dayco will originate only from approved sender IDs such as “DAYCOS”.
If you receive a suspicious message, fake app link, forged certificate, group invitation, or unauthorized payment request claiming to be from Dayco, do not engage. Verify it immediately by contacting our official support team at
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