Central Depository Services India Limited  (CDSL) is pleased to announce the launch of its SMS alert facility – SMART (SMS Alerts Related to Transactions) w.e.f. from October 01, 2007.  SMART will be made available to all CDSL demat account holders who have registered for this facility. Initially SMS alerts will be sent for all types of debits, subject to a maximum of four ISINs; and for credits into the account due to IPO and corporate actions.

“The SMART facility will make it convenient for demat account holders to monitor their accounts wherever they go and will reduce risks and enhance the efficiency of systems. Further, account holders can also get details of IPO & corporate action credits, which will  help them to take timely investment decisions. I, therefore, strongly urge investors to register for this facility.”, said Mr. V. V. Raut – Managing Director & CEO (CDSL).    

Demat account holders desirous of availing the service will have to submit the SMART registration form duly completed to their DP. The registration form can be obtained from the DP or downloaded from CDSL’s website www.cdslindia.com.  At present the SMART facility will be provided free of cost to investors. 

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