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EXTENTION OF "LOW TARIFF UNLIMITED SERVICE" (LoTUS) SCHEME

DPs are requested to refer to communiqué no. CDSL/OPS/DP/141 dated 26-03-2002, wherein the salient features of the LoTUS scheme and the procedure for registration were informed to you. We had also informed you that the said scheme would be open for registration from April 1, 2002 to June 30, 2002.

We have received requests from several DPs for extension of the scheme since many BOs wish to obtain the benefits of the scheme and are in the process of completing the necessary formalities for registration.

In view of the above, we have decided to extend the registration period to July 15, 2002.

DPs are also informed the following -

1.

The terms and conditions as mentioned in communiqué no.CDSL/OPS/DP/141
dated 26-03-2002 would be applicable to the accounts registered under the LoTUS scheme during the extended period.

2.

For the BOs registering during the period from July 01,2002 to July 15, 2002, the benefits of registration will become effective from August 01, 2002.

The DPs are required to complete the registration procedure for the intending BOs on or before July 15, 2002.

Queries if any regarding the above may be addressed to Mr.Prem Mariwala (extn 8615), Mr.Dominic Fernandes (extn 8652), Mr.Sanjeev Kumar (extn 8657), Mr.Sunil Alwares (extn 8627), Mr.Yogesh Kundnani (extn 8628), Mr.Dharmesh Gandhi (extn 8651) or Mr.Rahul Bhansali (extn 8335)

Further details regarding the LoTUS scheme may be obtained from Mr.Prem Mariwala (Extn 8615), Mr.Sunil Alvares (Extn 8627), Mr.Sanjeev Kumar (Extn 8657), Mr.Yogesh Kundnani (Extn 8628), Mr.Dharmesh Gandhi (Extn 8651).