Dear Sir,

BRICS is a leading equity broking firm with over INR 5000 crores of AUM. BRICS
manages assets for HNIs and provides debt market services to premier corporates and
investors. We have a strong presence through our own branches and Franchisee
network.

We are a member of NSE, BSE, MCX and NCDEX. We also have the depository
services of NSDL and CDSL.

The J.V. Gokal Group is our primary investor. The group has interests in Financial
Services through Brics Securities Ltd. and Wealth Advisors India Pvt. Ltd.

Our services
BRICS Securities offers Trade Execution & Advisory, including Portfolio Management
services in Equity and Fixed income (Debt Market – Wholesale and Retail). Through
online advisory service, BRICS securities also offer Insurance, Tax Planning, investment
in Mutual Funds and Corporate Fixed Deposits. We are agnostic to any financial
services marketer and seek to provide the relevant advisory and products to our
Customers.

For Partners like You

We would like to extend our knowledge in the asset space to Partners. We invite you to
become our Business Partner and share our superior products with special features and
exclusive privileges. Our Brokerage sharing pattern and Master Franchisee concept is
bound to interest you. We also assure there are no hidden costs in our offer.

Our approach
Brics Securities strives to maintain a strong system of work ethics and total
professionalism in all our dealings giving a complete value added preposition you.

Brief Terms & Conditions:-

1. Brokerage:-

 There are two types of Brokerage slab we are offering to you: -

Fixed Brokerage and Sharing Brokerage: -
Fixed Brokerage (Base Brokerage):-
For Cash Market Transactions 0.15% ( Minimum 1 Paise)
For Cash Market Intraday Transactions 0.015% Both Sides ( Minimum 1 paise )
For Future Market Transactions 0.015% Both Sides ( Minimum 1 paise )
For Option Market 1% on option premium amt ( Subject to
 Rs.50/- minimum and Rs.100 maximum per
lot )*

Sharing Brokerage in a ratio of:-

Sr. Gross Brokerage Share of Share of Share of Share of

No. Slab BRICS Franchisee BRICS Franchisee
(Rs.) (%) (%) (Rs.) (Rs.)
1 Upto 1,00,000 50 50 50,000 50,000
2 1,00,001 – 2,00,000 45 55 90,000 1,10,000
3 2,00,001 – 3,00,000 40 60 1,20,000 1,80,000
4 Above 3,00,001 30 70 Actual Actual

* Minimum Brokerage to be charged under this scheme:

Delivery : 0.20% (Minimum 1 Paise)
Trading / F&O : 0.02% Both sides (Minimum 1 Paise)
2. Charges:-

ODIN Recurring Rs. 500 per segment per month (approx) + 12.5% Ser Chg
Charges
Client Registration Rs. 250 (Only Trading A/c)
Charges Rs. 400 (Trading + Demat)
Note: V-Sat, if at all required, should be sourced only from HECL.

3. Minimum Security Deposit of Rs. 2.00 lacs

 Out of Rs. 2.00 lacs one lac can be paid by cheque or a FDR marked as a lien to Brics
Securities Ltd. and the rest will be in form of shares (approved securities as per NSE list
of approved securities) after applicable hair cut.

 You can give us the securities deposit by way of shares (approved securities as per
NSE list of approved securities), shares will be accepted by us after applicable hair cut.

 You can give us Bank Deposit of Rs. 2,00,000/- with lien marked in favour of BRICS
Securities Ltd ( Only Nationalised Banks Deposits are accepted )

4. Franchisee Bad Debts will be again born by the franchisee.

5. Client Registration charges: Rs. 200/- per Trading Account and Rs. 400/- for CDSL
Demat Account opening charges (including POA).
6. NCFM Certifications have to be provided by the franchisee. i.e. NCFM for Cash and
Derivatives, and certification for BSE also required

Master Franchisee :
• An existing Registered Franchisee with us, can have multiple locations in the
same name.
• Such additional location does not have to undergo the entire registration
process.
• Only certain valid proofs and an NCFM Certificate will be required for each
additional location.
• All such additional locations to pay Rs 1.00 lacs as Security Deposit.

(D) Remisier :
• The subject of Remisier has become very contentious, particularly after the
recent circular from BSE de-recognising a Remisier.
• Now onwards, all proposed Remisiers will have to get themselves registered
as Franchisees.
• A Remisier will not be liable to pay Security Deposit.
• A Remisier is also not required to provide a NCFM Certificate.
• The validity period of a Remisier will be on a continuous basis and not
restricted to 1 (one) year.
• A Remisier will be handled by a branch of BRICS Securities Ltd, wherever we
are present. At places where we are not having a branch of BRICS Securities
Ltd., we would introduce the Remisier to the Franchisee of that particular
region, with a proper sharing formula in place.
• The entire Back-office and Risk of the clients of the Remisier would be
handled by BRICS Securities Ltd.
• A Remisier can be offered 20% Share of Gross Brokerage generated by his
set of clients, subject to a maximum of 30%, in promising cases.

(E) An existing Franchisee introducing

another Franchisee :
• In such cases, an existing Franchisee will be treated as a Remisier and offered
a share out of the Franchisee introduced.
• The validity period for such an arrangement will be on a continuous basis and
not restricted to 1 (one) year.
• All registration and other compliance formalities, Risk, Back-office, etc will be
handled by BRICS Securities Ltd. directly.
• All brokerage shared out of such Franchisees would be added to the
brokerage of the existing Franchisee and disbursed in the normal course of
business.
• The introducer Franchisee can be offered a maximum of 20% Share of Gross
Brokerage, nothing beyond that.
• Such Franchisee introduced has to be compulsorily charged the following
minimum brokerage:
 Delivery : 0.20% (Minimum 1 paise)
Trading/F&O : 0.02% Both sides (Minimum 1 paise)

Incase you need any further clarifications / queries or need to get into a detailed
discussion on any of the terms or services please feel free to contact enlisted persons.

Mr. Saurabh Mishra 9320537187 saurabh.mishra@bricssecurities.com

Thanking You.

Yours truly,

For Brics Securities Limited

Saurabh Mishra
(Area Manager-Franchisee Business)