Greetings from Anmol !
This is with reference to the exchange circular no. NSE/INVG/37765 dated on 15th May, 2018 wherein exchange has cautioned trading members w.r.t unsolicited messages being circulated by unregistered / unauthorized entities and advising trading members to carry out necessary due diligence before releasing the pay-out to their clients in such "SMS stocks".In respect of exchange circular and to ensure compliance, we as a trading member will be withholding the sale proceeds of such securities in which unsolicited messages being circulated. The sale proceeds of "SMS Stocks" will be transferred to the designated bank account opened for such purpose as per exchange guidelines.
Further, we will be unable to release the payout in such stocks until further direction of exchanges.
The list of SMS stocks and respective circular link is shown below for your reference
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