Attention Investors Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” .......... Issued in the interest of Investors. "Investors are advised to abstain from dealing in any schemes of unauthorised collective investments/portfolio management, indicative/ guaranteed/fixed returns / payments etc.

About Us

Sanford C. Bernstein (India) Private Limited, incorporated on 12th April 2017, is 100% owned by AllianceBernstein L.P, through its subsidiaries. AllianceBernstein L.P.("AB").
In November 2022, AB and Société Générale announced a joint venture to combine Bernstein business with the cash equities and research activities of Société Générale, a globally operating bank, headquartered in Paris. The joint venture has a vision to build a stand-alone, best-in-class research and cash equities business that collaborates seamlessly with Société Générale to deliver a comprehensive suite of services to our clients. Effective 1st April 2024, the joint venture was constituted and SCBIL is now ultimately held 51% by Société Générale and 49% by Alliance Bernstein L.P. The immediate holding company of SCBIL is Sanford C. Bernstein Holdings Limited, a company incorporated in England. The change in ownership of SCBIL was approved by SEBI in India prior to the joint venture being constituted.
SCBIL is SEBI registered Stockbroker and Research Analyst entity.

Advisory for Investors

Attention Investors
Beware of fixed/guaranteed/regular returns/ capital protection schemes. Brokers or their authorized persons or any of their associates are not authorized to offer fixed/guaranteed/regular returns/ capital protection on your investment or authorized to enter into any loan agreement with you to
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pay interest on the funds offered by you. Please note that in case of default of a member claim for funds or securities given to the broker under any arrangement/ agreement of indicative return will not be accepted by the relevant Committee of the Exchange as per the approved norms.
Do not keep funds idle with the Stock Broker. Please note that your stock broker has to return the credit balance lying with them, within three working days in case you have not done any transaction within last 30 calendar days. Please note that in case of default of a Member, claim for funds and securities, without any transaction on the exchange will not be accepted by the relevant Committee of the Exchange as per the approved norms.
Check the frequency of accounts settlement opted for. If you have opted for running account, please ensure that your broker settles your account and, in any case, not later than once in 90 days (or 30 days if you have opted for 30 days settlement). In case of declaration of trading member as defaulter, the claims of clients against such defaulter member would be subject to norms for eligibility of claims for compensation from IPF to the clients of the defaulter member. These norms are available on Exchanges website at following links : https://www.nseindia.com/invest/about-defaulter-section and https://www.bseindia.com/static/investors/Claim_against_Defaulter.aspx
Brokers are not permitted to accept transfer of securities as margin. Securities offered as margin/ collateral MUST remain in the account of the client and can be pledged to the broker only by way of ‘margin pledge’, created in the Depository system. Clients are not permitted to place any securities with the broker or associate of the broker or authorized person of the broker for any reason. Broker can take securities belonging to clients only for settlement of securities sold by the client.
Always keep your contact details viz. Mobile number/Email ID updated with the stock broker. Email and mobile number is mandatory and you must provide the same to your broker for updation in Exchange records. You must immediately take up the matter with Stock Broker/Exchange if you are not receiving the messages from Exchange/Depositories regularly.
Don't ignore any emails/SMSs received from the Exchange for trades done by you. Verify the same with the Contract notes/Statement of accounts received from your broker and report discrepancy, if any, to your broker in writing immediately and if the Stock Broker does not respond, please take this up with the Exchange/Depositories forthwith.
Check messages sent by Exchanges on a weekly basis regarding funds and securities balances reported by the trading member, compare it with the weekly statement of account sent by broker and immediately raise a concern to the exchange if you notice a discrepancy.
Please do not transfer funds, for the purposes of trading to anyone, including an authorized person or an associate of the broker, other than a SEBI registered Stock broker.

Customer Service

Account Opening
Dormant / Inactive Accounts
Kindly refer to “Annexure 7 - Policies & Procedures” in the KYC kit
Client Registration Documents in Vernacular Languages
In order to facilitate better understanding of the registration documents by the investors, BSE and NSE have provided the following documents in 15 regional vernacular languages:
Document stating the Rights & Obligations of stock broker, sub-broker and client for trading on
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exchanges (including additional rights & obligations in case of internet / wireless technology based trading).
Uniform Risk Disclosure Documents (for all segments / exchanges).
Guidance Note detailing Do’s and Don’ts for trading on exchanges.
The above mentioned documents in vernacular languages are available for download:
(i). on BSE website at: https://www.bseindia.com/static/investors/client_regislanguages.aspx?expandable=3
(ii). on NSE website at: https://www.nseindia.com/trade/members-client-registration-documents
In case you are unable to download the aforesaid documents, you are requested to kindly send an email at scbincompliance@alliancebernstein.com , scbindia@bernstein.com and a copy will be made available to you.
Investors beware of unsolicited Messages
List of securities in which SMSs is found to be circulated is available on following websites:
BSE - https://www.bseindia.com/attention_investors.aspx
NSE - https://www.nseindia.com/regulations/unsolicited-messages-report
Investors can visit https://investor.sebi.gov.in/ for further information on investor awareness
Investors may report unsolicited Stock Tip/Recommendation in Stocks on the dedicated mobile number +91 7506840578 OR dedicated email id, i.e. attentioninvestors@bseindia.com.
Investors may report unsolicited Stock Tip/Recommendation on +91 8291833676 or on designated email id, i.e. feedbk_invg@nse.co.in.
Investors Grievance
Investor grievance redress mechanism
In case the Investor has any grievance/complaint against the Company, the Investor is requested to kindly e-mail to the Company its grievance/complaint on Scbin-investorgrievance@alliancebernstein.com and the Company shall be happy to assist them in resolving their grievance/complaint.
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However, if the Investor is not satisfied with the Company’s resolution, it can lodge its grievance/complaint online as per the procedure given below:
Investors who wish to lodge a grievance/complaint on SEBI Complaint Redress System (SCORES) are requested to register themselves on https://scores.gov.in by clicking on “Register here”.
While filing the registration form, details like Name of the investor, PAN, Contact details, Address, Email id, Mobile Number, Aadhaar card number(optional), CKYC ID(optional) etc.(Annexure A of SEBI Circular - SEBI/HO/OIAE/IGRD/CIR/P/2018/58 dated 26th March 2018) may be provided to avail the benefit of effective communication and speedy redressal of the grievances/complaints. Upon successful registration, a unique user id and a password shall be communicated to the investor through an acknowledgement email / SMS.
An investor shall use login credentials for lodging grievances/complaints on SCORES (“Login for registered user” section). Details on how to lodge a grievance/complaint on SCORES is at Annexure A of SEBI Circular - SEBI/HO/OIAE/IGRD/CIR/P/2018/58 dated 26th March 2018.

Disclosures under Companies Act

Registration details:
Corporate Identity Number - U65999MH2017FTC293762
SEBI Stockbroker - INZ000213537
SEBI Research Analyst - INH000006378
SEBI
NSE QUIZ