Terms and Conditions

Account opening:

• Please note that by submitting the required details in account opening process, you are authorizing us to Call/SMS/WhatsApp you even though you may be registered under DND.
• Your contact information will be used only for legitimate business purposes, viz, to contact you, and to provide you information & the latest updates regarding our products & services.
• Your contact information will never be sold or rented to third parties.
• Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
• Please DO NOT share your Login ID, Client Code, PIN or OTP with anyone.
• Online account opening using AADHAAR is currently available only for residents of India opening accounts for an individual (for HUFs, corporate bodies, NRIs, etc., the separate offline process is available).
• When opening an account online using Digilocker (KYC Process) or through KRA (PAN + DOB) , data will be fetched from the KYC or KRA database directly and cannot be edited
• Accuracy & authenticity of any uploaded documents would be the sole responsibility of the applicant and Ventura Securities Limited reserves full rights to take necessary actions as guided by regulatory authority in case of discrepancy

Get early access:

These terms and conditions (“Terms”) shall be applicable to the Prospective Clients (as defined hereinafter) participating in the Program who will be bound by the same and shall be regulated by the provisions of the specified products and services provided by – Ventura Securities Limited (hereinafter referred to as “Ventura”) through their website www.venturasecurities.com (hereinafter “Website”) and Ventura’s upcoming mobile application (hereinafter “Mobile App”).

Definitions: The following words and phrases shall have the meanings set out herein below in this document unless repugnant to the context:

• “Prospective Client" shall mean any person above the age of 18 years who registers for early access with Ventura via the website - www.venturasecurities.com and is eligible to receive SMS/email/other communication from Ventura with respect to the captioned Program.
•  “Early Access Program” shall mean the program wherein a Prospective Client will get early access to the Website and Mobile App by opening a Demat &Trading account, to carry out trade and investment transactions and availing of an exclusive brokerage plan.
• “Sign-up/Signing-up” shall mean the act of a Prospective Client providing their details w.r.t. email id, mobile number & name in a form on Ventura’s website.
• “Sign-up Form” shall mean the online form on the Ventura Website that is available for Prospective Clients to register for Early Access.
• “Field/Fields” used in context with the Sign-up form shall refer to individual fields in the form.
• “Brokerage plan” shall mean the exclusive brokerage plan provided to Prospective Clients who sign up for early access upon becoming Clients of Ventura.

Terms of early access program:

• The Prospective Client needs to provide his/her Name, Email ID, and Mobile Number to the Early Access registration form/field on Ventura’s Website.
• By submitting these details the Prospective Client agrees to be bound by the terms & conditions of this Program including any other applicable terms & conditions modified and prescribed by Ventura from time to time. Any such participation shall imply that the Prospective Client has read, understood, and accepted the terms and conditions hereunder.
• By registering for Early Access the Prospective Client consents to be contacted by Ventura’s official channels via Email, SMS, WhatsApp, and/or any other official mode of communication with respect to information and promotion of Ventura’s product & service offerings.
• The eligible Prospective Client will be entitled to an exclusive Early Access Brokerage plan after he/she/they have successfully become a Client and opened a Trading and Demat account with Ventura after the launch of their new product offering.
• The validity and details of the Brokerage plan will be declared by Ventura at a later date and may be subject to change within and after the specified offer period.
• Ventura shall in no way be liable if any Prospective Client fails to register for Early Access due to malfunction, delay, traffic congestion on any telephone network or line, computer online system, servers or providers, computer equipment, software, website or mobile app or wallet or any other reason.
• Prospective Client's eligibility for the offer will be decided by Ventura. If certain Prospective Clients who register for the Program are found to be ineligible to avail Brokerage plan under this Program, they will not be given the Brokerage plan.
• The Early Access is not transferable, non-assignable, non-negotiable, and cannot be en-cashed.
• The participation in the Program is entirely voluntary and it is understood that the participation by the Prospective Client shall be deemed to have been made on a voluntary basis.
• Ventura reserves the right to disqualify any Prospective Client/s from the benefits of the Program/Offer under reasonable grounds or if any fraudulent activity is identified as being carried out for the purpose of availing the benefits under the Program.
• In case of all matters relating to the Program including any dispute or discrepancy thereto or eligibility of any Prospective Client, Ventura’s decision shall be final and binding on the Prospective Client in all respects.
• This Program is only valid for Indian citizens, it does not apply to Non-Resident Indians.
• Failure by Ventura to enforce any of its rights at any stage does not constitute a waiver of those rights.
• All taxes, duties, levies, or other statutory dues and charges payable in connection with the benefits accruing under the Program shall be borne solely by the Prospective Client and Ventura will not be liable in any manner whatsoever for any such taxes, duties, levies, or other statutory dues.
• Ventura shall not be obliged to make any public announcements to intimate the successful Prospective Clients about the Program.
• These terms and conditions governing the Program shall be in addition to and not in substitution/derogation to the Primary Terms and Conditions issued by Ventura Securities.
• These Terms and Conditions shall be governed by the laws of India. The courts in Mumbai shall have exclusive jurisdiction in respect of any disputes with respect to all the subject matter in relation to the Program.
• These Terms and Conditions and an arrangement herein shall be subject to applicable SEBI/Regulatory Guidelines issued from time to time and prevailing laws and regulations. This Program is / would be modified/discontinued based on the prevailing law/regulation at any point in time and neither party shall be under any liability or obligation or continue implementation of the said Program until such time as the terms are modified by the Parties as per the prevailing/ amended law at that point in time. In the event that the Program cannot be continued without total compliance with the prevailing law at any point in time, this Program shall be deemed to be terminated forthwith from the date when the amended law restricting/prohibiting the Program comes into force.
• Ventura shall not be liable in any manner whatsoever for any loss/ damage/ claim that may arise out of the use or otherwise of any services availed of by the Prospective Client under the Program.

Early Access Pricing Terms:

• To avail the Early Access Pricing the Prospective Client is required to demat & trading account with Ventura on or before 31st October 2024. Ventura shall not be held responsible if the prospect fails to open the account before this date.
• Ventura reserves the right to terminate this offer at its discretion, based on reasonable grounds. Such termination may occur without prior notice and is subject to the sole discretion of Ventura Securities Limited.
• Ventura may, at its discretion, modify or alter the features and components of the program to enhance or optimise its functionality. Such modifications will be implemented without prior notice.
• In the event of prolonged account inactivity by the Prospective Client, Ventura reserves the right to suspend or terminate their participation in the offer. Ventura's policies shall define account activity.
• If the Prospective Client breaches any terms and conditions outlined in this offer, Ventura retains the right to terminate their participation immediately.
• Ventura may terminate or suspend the offer in response to changes in regulatory requirements or laws that affect the feasibility or legality of continuing the program.
• If any Prospective Client is found engaged in fraudulent activities with the intent of exploiting the benefits of the offer, Ventura reserves the right to terminate their participation and take appropriate legal action.
• Ventura may terminate the offer if technical issues, including but not limited to system malfunctions or cyber threats, pose a risk to the integrity and security of the program.
• Failure by the Prospective Client to provide the necessary documentation or comply with the account opening procedures within the stipulated time frame of six months from the date of launch may result in termination of the offer.
• Ventura reserves the right to terminate or modify the offer based on changing market conditions, economic factors or as per the terms & conditions directed and regulated by SEBI that may impact the feasibility of continuing the program. In such cases, an intimation will be shared 7 days in advance of the modification of the program.
• Ventura may terminate or modify the offer to ensure compliance with evolving industry standards, best practices, or regulatory guidelines.
• If the Prospective Client undergoes insolvency or bankruptcy proceedings, Ventura may terminate their participation in the offer to mitigate financial risks.

Refer and earn:

• The referee should be an active trader i.e. should have placed at least one trade in last 365 days.
• Referred clients must open account within 30 days of lead being registered with Ventura
• A successful referral is the one who has opened the account through the referral link or QR Code with Ventura, logged in to the mobile application, and generates a brokerage of ₹100/- within T+2 ( A/C opening + 2 months )
• The referee will get up to ₹2700 referral amount in one month
• The person who is referred needs to open an account by clicking on the unique referral link that has been shared with him / her. If the referred person opens an account without clicking on the referral link, then in such case the referrer will not be eligible for the referral reward. Any person who is already registered as a lead with us, but completes the account opening journey using the link will not be eligible
• If a person has been referred by 2 individuals, then the person who has referred 1st will be considered
• The mobile number at the time of referring and opening an account should be the same
• If the details provided for referrals are incomplete/ incorrect/ invalid, the Referrer who has provided a reference shall not be entitled to any reward under the Referral Program.
• No other offer can be clubbed with this Referrer program offer during opening and account
• In case of any dispute, the decision of Ventura management will be final and binding
• Ventura reserves the right to withdraw this offer any time before the validity period mentioned.
• The offerings are subject to change anytime at the discretion of Ventura management
• All pay-outs made to such clients under this Scheme shall be post Tax Deducted at Source (TDS) which shall be at 5% or as per Applicable Law.
• Any additional payments with respect to GST or any other such taxes, even if any such person is eligible for the same, will not be made over and above the amount eligible to be withdrawn as per the referral commission generated shown on the referral page.
• No eligible amount shall be paid out to any client, in case the Client ID/trading account of the client has been closed/deactivated for any reason whatsoever.
• The Referrer confirms having obtained the consent of the person referred for providing his/her details.
• The Referrer shall not undertake any form of selling/advisory activities w.r.t securities and shall not manage the portfolio of any person who is being referred. He/she shall strictly limit his/her role to "Referral" only.
• The Referrer shall not post the referral code on public forums without any context and spam any such groups/platforms/pages on social media.
• The Referrer shall not be a Trading Member or a Referral partner/ Introducer/ Authorized Person of any other Trading Member of any of the Exchanges.
• If any information provided by the Referrer is found to be false and incorrect, VSL shall have the right to recover the entire amount of Referral fees paid.
• This program shall not be considered as an invitation or persuasion to trade or invest. VSL and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon
• This Referral scheme is open to all residents of India holding a valid and active trading account with VSL
• The Referrer shall receive the referral incentive in the Referrer's bank within T+3 month from the date of activation of the Referee's account. i.e., demat and Trading account is opened after complete documentation and application verification in line with the SEBI/ Exchange regulations and internal policies and procedures of VSL
• This Referral scheme does not apply to the following categories of clients: non-Individual’s clients excluding HUF, Non-Resident Indian Clients & Minors
• This Referral scheme does not apply to:
  • Ventura, its Associates, Group companies, and their respective employees including their dependents
  • Authorized persons, Business Associates, and their respective employees, dependents, and clients mapped under them
  • Any other person/group/entity/category of clients as decided by VSL from time to time at its discretion

MTF:

Please note that by submitting the required details in account opening process, you are opting to activate Margin Trading Facility for your account.

Disclaimer related to Brokerage Schemes:

Brokerage will not exceed the SEBI prescribed limit.

Refund and cancellation policy:

The Refund & Cancellation policy for new pricing plans, for all payments made towards subscription charges or any other services using any mode of payment shall stand as under:

• The Fees paid towards subscription charges for enabling equities cash and F&O, or any other services are non-refundable.
• In case your account has not been opened by Ventura, after the tenth day from the day of collection of all necessary supporting documents and receipt of all due authorisations from you, you may request a full refund of the charges as paid by you towards the subscription of said plan, by writing to us at support@venturasecurities.com. Ventura will initiate the necessary procedure to refund your money.
• In case you have paid the charges and haven’t received the credit after account opening, you may register the grievance by logging in to your Ventura Trading Account & raising a ticket for the same via the support section.

Note: Completing the refund procedure is subject to agencies such as banks and payment gateways.

Policy of Ventura Securities Limited (VSL) to handle Good Till Cancelled (GTC) or Good Till Triggered (GTT) order/s placed by clients

Certain front end terminals of VSL has facility to place orders which shall remain into system till a particular period or till it is canceled or till it is triggered and may get converted into trade/s. The extant rule of the Exchanges requires Stock Brokers to lay down a policy to handle such orders and communicate the same to their clients. The policy of VSL to handle such order is as under and it aims to appraise the clients about the functionality, validity and execution of such order:

GTT Orders functionality

GTT (Good Till Triggered) orders are branded ‘For365’ at VSL. If the order remains open, it will be automatically canceled after 365 days from the date of order placement, or expiry of the contract, whichever is earlier.

For365 order allows customers to place a buy or sell order that remains in our system in passive mode, until a specified trigger price is reached. Once the trigger price is reached, the order is placed on the exchange trading platform, subject to RMS checks such as margin required or stock availability in holdings as the case may be. 

For365 orders helps investors capture favourable market movements by avoiding a burden of constant monitoring.

For365 orders can be a single order or an OCO (One Cancels the Other) order. Under single orders, the investor is required to provide a direction (either buy or sell), a trigger price and a limit price. If the trigger price is reached, then the order is placed with the exchange trading system at the limit price.

Under OCO orders, the investor is required to provide a direction (buy or sell) and trigger price and limit prices for both legs - stop loss and target. If the trigger price for one leg is hit the order for that leg is placed with the exchange trading platform, and the other leg is automatically canceled.

Risk on Corporate Actions

When a corporate action happens, such as a stock split or a bonus or a merger or a significant dividend announcement etc., it can alter the stock’s price as well as its derivatives price substantially. If a For365 order is in place for that stock, the trigger price may become absurd, due to the new price levels created by the corporate action. This could result in the order getting placed on the exchange and getting executed at an unintended price, resulting in a loss to the client.

Corporate actions that impact the price could be dividends, splits, bonus, mergers, acquisition, rights issues, spin-off, carve outs, demerger, capital reduction, buy-backs, OFS etc.There doesn't appear to be a corporate action that will not impact price. 

Handling of pending orders in the event of corporate announcement?

• All For365 pending orders placed by customers in the stock or F&O contract where corporate action is declared, would be cancelled except for “Dividends” as corporate action. It is the considered opinion of VSL that the Dividend announcement may not impact the price of the stock substantially and cancelling the order of the client due to such announcement may not be in the interest of the client.

1. All pending orders cancellation communication would be sent via email to respective customers @4 PM, 2 days prior to ex-date

• This impending order cancellation information would also be displayed on App and Web on dashboard as notification.

1. The orders would be cancelled @11:30 PM one day prior to ex-date and fresh orders placement in that stock or F&O contract will not be allowed post 11:30 PM.

• Fresh order placement will be reactivated @9:15 AM on ex-date

For Example: If Stock “x” declared bonus and ex-date is 18th August 2024. Those customers having For365 pending orders in that stock would receive a communication about order cancellation @4 PM on 16th August 2024 (including Sunday’s Or Holidays). All pending orders would be canceled @11:30 PM on 17th August 2024 and no fresh orders would be allowed post 11:30 PM. Customers can place fresh For365 orders in that stock or F&O contract from 9:15 AM on 18th August.

Types Of Corporate Actions

1. Dividends: Dividends are payments a firm provides to its shareholders, typically in the form of a profit distribution that heavily relies on the investor's return on investment. 
2. Stock Splits: A stock split is a corporate decision that lowers the price per share while raising the total number of shares in circulation in a corporation. 
3. Mergers and Acquisitions: When two businesses that are comparatively the same size combine to establish a new, larger firm, this is known as a merger. Acquisitions take place when one business purchases another.
4. Rights Issues: An offering in which a business grants current shareholders the option to buy additional shares at a reduced price is known as a rights issue. 
5. Bonus Issues: Bonus issue is a sort of offering in which a corporation gives away free additional shares to its current owners. According to a predefined ratio, shareholders receive more shares based on the shares they already possess.
6. Tender Offers: A tender offer is a sort of offering in which a business proposes to pay a higher price to its shareholders in exchange for a predetermined number of shares.
7. Buybacks: A corporation may choose to repurchase its shares on the open market as part of a buyback program, sometimes referred to as a share repurchase plan.
8. Spin-offs: A spin-off is a type of corporate activity when a firm separates a subsidiary or business unit from the parent company to form a new, independent company. Shares of the new firm, which later becomes a distinct, publicly listed corporation, are often distributed to parent company shareholders.
9. Carve-outs: A carve-out is a corporate action when a firm sells a portion of a subsidiary or business unit to the general public or a private investor while keeping a stake in the company.
10. Capital reduction: Capital reductions are generally done through share cancellations, paid-back capital, or share repurchases (buybacks).
11. Tender offer: A tender offer is a sort of offering in which a business proposes to pay a higher price to its shareholders in exchange for a predetermined number of shares

Ventura EaseAPI

“Ventura Securities Pvt. Ltd.” hereinafter referred to as “Ventura” and having its registered office at I-Think Techno Campus, “B” Wing, 8th Floor Pokhran Road No. 2, Off, Eastern Express Hwy, Thane West, Thane, Maharashtra 400607, and is a member of NSE, BSE, MCX & NCDEX exchanges and is registered with Securities & Exchange Board of India (SEBI) as a stock broker under single SEBI registration number INZ000194736. We may refer to Ventura as “We”, “Our”, or “Us”. The "Client" is any individual or entity with an exchange approved UCC (Unique Client Code) account with Ventura, able to trade various securities through Ventura (in compliance with various exchange and SEBI regulations). “EaseAPI” and is a suite of API, developer services, and associated software offerings collectively referred to as "APIs". The APIs provide programmatic access (including, but not limited to: placing, modifying and cancelling orders; managing funds and portfolios; accessing order and account related information etc.) to various exchanges via Ventura using a Client account.

The terms described in this document, and any additional terms, terms within the accompanying API documentation, and any applicable policies and guidelines as concerning the use of the APIs are collectively referred to as the "Terms". This agreement is between "You" (accessor and consumer of the APIs) and "Ventura", the stock broker offering broking services via the APIs. You may be a Ventura Client yourself, or You may be an entity registered as Authorised Person (AP) with Ventura and offering the APIs in turn to other Ventura Clients as end users.

1. 1) Account and registration
   • Accepting the Terms - You may not use the APIs and may not accept the Terms if (a) You are not of legal age to form a binding contract with Ventura, or (b) You are a person barred from using or receiving the APIs under the applicable laws of India or other countries including the country in which You are resident or from which You use the APIs.
   • Entity Level Acceptance - If You are using the APIs on behalf of an entity, you represent and warrant that You have authority to bind that entity to the Terms and by accepting the Terms, you are doing so on behalf of that entity (and all references to "you" in the Terms refer to that entity).
   • Registration - In order to access certain APIs, You may be required to provide certain information (such as identification or contact details) as part of the registration process for the APIs, or as part of your continued use of the APIs. Any registration information you give to Ventura will always be accurate and up to date and you'll inform us promptly of any updates.
2. API usage - The APIs are meant to be used for building innovative investment and trading platforms ("IBT" - Internet Based Trading) with the greater goal of increasing capital market participation in India. This may be for personal use, where You, a Client, developers a private interface exclusively for customising personal trading and investment experience, or this may for building a trading platform which in term will be offered to the public, other Clients of Ventura. Development of trading platforms are bound by various norms and regulations stipulated by various exchanges and SEBI. You are responsible for ensuring that you adhere to these platform guidelines and regulations, and seeking appropriate regulatory approvals if necessary.
   • Permitted access - You will only access (or attempt to access) an API by the means described in the documentation of that API. Any circumvention of the methods described in the documentation may result in the termination of your access to the APIs.
   • API rate-limiting - Ventura may set limits on your use of the APIs (for instance, limiting the number of requests sent to a particular API) manually or via automated checks to ensure the stability of the APIs. If You need to use the APIs beyond the limits imposed by Ventura, you have to obtain express consent from Ventura by writing to the relevant department (Ventura may decline or accept such a request based on various factors).
   • Exclusivity - The API Terms are non-exclusive. You acknowledge that Ventura may develop products or services that may be similar and may be in direct or indirect competition with any platform that is built using the APIs.
   • Tracking and monitoring - By using the APIs, you agree that Ventura may monitor, track, and record all interactions and requests happening via the API, your own and your end users, for the purpose of ensuring stability, security, and reliability of the API
   • Automated trades - The APIs are not meant for placing fully automating trades (without manual intervention). If you wish to use the APIs for full automation, you should seek necessary approvals from the exchange.
3. Your end users - You may use the APIs to build platforms which You may in turn offer to other Clients of Ventura (after obtaining the required exchange approvals). Ventura will not be held responsible for the losses suffered by the client or You, arising from technical malfunctions of your platform or the APIs. Your end users, Ventura's Clients, are bound primarily by the terms and conditions they agreed to at the time of their account registration with Ventura, over and above the terms they may have agreed to when starting to use your platforms.
   • Ownership - As the APIs are restricted to--and only work with--the accounts of Ventura clients, all end users You offer your API-enabled platforms to, are Ventura's Clients. Any new user that You may refer to Ventura (who in turn opens account an account with Ventura on their own volition) for the purpose of offering your platform, is also Ventura's Client. While You may promote your services to the Client, you may not claim any exclusivity to the Client or their data. Ventura may offer any service or offering to any of its existing clients, including Clients referred by you, at any time.
   • User Privacy - You will comply with all the applicable privacy laws and regulations including those related to your end users. You will adhere to Ventura’s privacy policy and provide a privacy policy for your end user that is clear and accurate.
4. Prohibitions and confidentiality
   • API Prohibitions - When using the APIs, you may not (or allow those acting on your behalf to):
     • Sublicense the APIs for use by a third party.
     • Perform an action with the intent of introducing to Ventura’s products and services, any viruses, worms, defects, Trojan horses, malware, or any items of destructive nature.
     • Defame abuse, harass, stalk, or threaten others.
     • Interfere with or disrupt the APIs or the servers or networks providing the APIs
     • Promote or facilitate unlawful online gambling or disruptive commercial messages or advertisements.
     • Reverse engineer or attempt to extract the source code from any API or any related software, except to the extent that this restriction is expressly prohibited by applicable law
     • Use the APIs to process or store any data that will in turn invade the privacy of the end user.
     • Remove, obscure, or alter any Ventura terms of service or any links to or notices of those terms.
   • Confidentiality - Your credentials (such as passwords, API keys and secrets, and Client IDs) are intended to be used only by you. You will keep your credentials confidential and make reasonable efforts to prevent and discourage other API Clients from using your credentials. Ventura's communications to you may contain confidential information which includes any materials, communications, and information that are marked confidential or that would normally be considered confidential under the circumstances. If you receive any such information, then you will not disclose it to any third party without Ventura’s prior written consent. Unless expressly permitted by Ventura or by the applicable laws, you will not, and will not permit your end users or others acting on your behalf to, do the following with content returned from the APIs
     • Scrape, build databases, or otherwise create permanent copies of such content, or keep cached copies with the intent of redistributing.
     • Copy, translate, modify, create a derivative work of, sell, lease, lend, convey, distribute, publicly display, or sublicense to any third party.
     • Misrepresent the source or ownership; or
     • Remove, obscure, or alter any copyright, trademark, or other proprietary rights notices; or falsify or delete any author attributions, legal notices, or other labels of the origin or source of material.
5. Costs and revenue
   • Costs - Ventura may charge You for using the APIs, or parts of it selectively. These charges may be fixed or variable, and are at the sole discretion of Ventura. Ventura may also propose additional charges to You, (based on your usage of the APIs and on a case-by-case basis) for the continued use of the APIs. You may write to the relevant department to discuss a pricing suitable for You (Ventura may decline or accept such a request based on various factors).
   • Non-refundable charges - Any charges once paid (one-off or on-going) for the use of APIs or any of its subsets are non-refundable.
   • Sharing of revenue - Ventura may share revenue with You (bound by the terms set forward by various exchanges and SEBI) for referring clients to Ventura via the API, or for offering other services. You may write to the relevant department to discuss a revenue sharing model You desire (Ventura may decline or accept such a request based on various factors).
6. Liability of the APIs
   • Uptime - The API response and account access times may vary due to a variety of factors, including, but not limited to, trading volumes, market conditions, system performance, technical and other factors. Market volatility, volume and system availability may delay account access and trade executions. The uptime and availability of the APIs may be affected by technical or other factors within or outside of Ventura's control, or unforeseen circumstances including natural disasters.
   • No guarantees or warranties - Ventura does not make any promises, commitments, guarantees about the APIs or related offerings. When permitted by law, Ventura will not be responsible for lost profits, revenues, or data; financial losses; or indirect, special, consequential, exemplary, or punitive damages. To the extent permitted by law, Ventura exclude all warranties, guarantees, conditions, representations, and undertakings.
   • Limitation of Liability - When permitted by law, Ventura, will not be responsible for lost profits, revenues, or data; financial losses; or indirect, special, consequential, exemplary, or punitive damages. In all cases, Ventura will not be held liable for expense, loss or damage that is not reasonably foreseeable.
7. Termination
   • Termination - This agreement is effective until terminated. User rights under this agreement will terminate automatically or otherwise cease to be effective without notice from Ventura if user fails to comply with any terms and conditions under this agreement. Ventura may terminate this agreement if User is in default of any of the terms and conditions of this agreement and fails to correct such default within ten (10) days after written notice thereof from Ventura. Upon termination, Ventura does not hold any liability or other obligation to you. If you want to terminate the Terms, you must provide Ventura with prior written notice and upon termination, cease your use of the applicable APIs, use of Ventura brand and delete any cached or stored content that was permitted by the cache header.
   • Surviving provisions - When the Terms come to an end, those terms that by their nature are intended to continue indefinitely will continue to apply.
8. Indemnification - You agree to indemnify and hold Ventura service providers, syndicators, distributors, licensors, officers, directors and employees, against all liabilities, damages, losses, costs, fees (including legal fees) and expenses relating to any allegation or third – party legal proceeding to the extent arising from:
   • Technical faults or the limitations of the APIs.
   • Your misuse or your end user's misuse of the APIs.
   • Your violation or your end user's violation of the Terms; or
   • Any content or data routed into or used with the APIs by you, those acting on your behalf, or your end users.
9. Governing law/forum - This Agreement shall be governed and interpreted by the laws of the Union of India. Only courts in Mumbai (Maharashtra) shall have the jurisdiction for the resolution of any disputes hereunder. Both parties hereby consent to such personal and exclusive jurisdiction. THIS AGREEMENT REQUIRES ACCEPTANCE TO PROCEED TO UTILISATION OF THE APIs; THE ACCEPTANCE SO GIVEN CONCLUDES THE AGREEMENT AND THIS AGREEMENT DOES NOT REQUIRE A PHYSICAL/DIGITAL SIGNATURE. THIS AGREEMENT SHALL NOT BE INVALIDATED SOLELY ON THE GROUND THAT IT IS NOT PHYSICALLY SIGNED.
10. Disclaimer - Investments in securities market are subject to market risks, read all the related documents carefully before investing.’ Brokerage will not exceed the SEBI prescribed limit. Statutory Levies and Taxes will be levied to the clients as prescribed by the regulators Ventura Securities Pvt. Ltd., Registered Office: I-Think Techno Campus, “B” Wing, 8th Floor Pokhran Road No. 2, Off, Eastern Express Hwy, Thane West, Thane, Maharashtra 400607. Member of NSE, BSE, MCX & NCDEX, Depository Participant of NSDL & CDSL

SEBI Stock Broker Registration Number: INZ000194736 | Depository Participant Registration Number: IN-DP-565-2021

INP000004094 (Portfolio Manager), INH000001634 (Research Analyst). AMFI- Registered Mutual Fund Distributor : ARN-20936 | Date of Registration :19 July 2004 | Valid Till 09th July 2026.

In case of any grievances please write to complaints@venturasecurities.com