SHCIL has dedicated teams to handle the various aspects of Asset Servicing.

The Corporate Actions Team ensures forecast of all corporate actions and benefits accruing on a client’s holding, timely collection of monetary and non-monetary benefits and cover all activities relating to a corporate event like calculation of entitlements, reconciling with companies/registrars prior to due date, collection of monetary Corporate Actions from the premises of company/registrar and transfer of same to clients. In case of any shortage, active follow up with each company. Customised reporting to clients on the status of Corporate Actions is done periodically.

The Primary Markets team takes care of applications on behalf of clients for primary market issues, calculates the entitlements, follows up for allotment or refunds and sends customised reports to clients.

The dedicated Redemptions Team tracks the payouts of various debt instruments held by SHCIL’s clients and monitors Put/Call Options. This team ensures timely monetary collection and deposits and keeps track of the outstanding amounts and re-investments.

At the heart is the support provided by a highly specialised ‘Databank’ team, which is unique to SHCIL. This team tracks over 8500 Companies, over 12000 issued securities, 2500 Registrars, besides all relevant information available in all leading stock Exchanges and Depositories. The team ensures prompt availability of information on all Corporate Announcements, ISIN listings etc to the Custodial Teams and the information is solely for the benefit of SHCIL’s clients.

Thus SHCIL is equipped to handle all types of instruments, listed on the BSE and NSE, money market instruments like CPs & CDs, all kind of debt instruments and unlisted securities.