Administration Manual - B.E.S.T. Undertaking.

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6.A. On due date of interest, to check whether the interest is received or not. In case of
non-receipt of interest, to send a letter to concerned company stating the facts therein
and a copy of letter be forwarded to the broker through whom the securities are
purchased.
6.B. On receipt of half yearly/yearly interest, cheque is deposited in State Bank of India,
Commercial Branch through special remittance ( high value clearing) The said
information is sent to Accounts Department necessary entries in the Register kept for
the purpose.
6.C. On receipt of put option/call option /redemption proceeds, arrange to make
necessary entries in the Register kept for the purpose and deposit the proceeds
through special remittance in high value the said information is also sent to Accounts
Department .
6.D On the date of redemption the maturity proceeds is automatically credited to our SGL
A/c by Indian Bank/HDFC Bank track of which is maintained by us. In case of
maturity of security, we remind Indian Bank/HDFC Bank well in advance for our
safer side.
MODE OF DELIVERY :
In case of investment in public securities, B.E.S.T. can hold the delivery by three
modes i.e. 1. Physical Delivery 2. SGL 3. Demat form
1. Physical Delivery : In this type, Bonds/Securities are held by the investor physically
which are issued/transferred in favour of the purchaser/buyer. Any interest due and
redemption proceeds are forwarded by the company to Registered Bondholders.