Dear Client,

As part of SEBI and Exchange directives (Ref: NSE/INSP/68566, dated June 16, 2025), we at ProStocks would like to inform you about the updated regulatory framework regarding the offering of third-party products (TPPs) through our platform or any related application.

What You Need to Know

  • Only Regulated Products: We will only offer products that are regulated by SEBI or other financial regulators like IRDAI, PFRDA, or RBI.
  • Disclosure & Transparency: All third-party products will be displayed under a separate tab/page with full details including the name of the product and the registration number of the regulator.
  • Your Data is Secure: Your personal and trading data will remain secure with us. It will not be shared with any third-party provider without your explicit, opt-in consent.
  • Payments Stay Direct: Any payments you make for third-party products will go directly to the product provider. Funds will not pass through ProStocks unless explicitly allowed by regulators (like for NPS).
  • No Bundling or Mandates: You are under no obligation to use any of the third-party offerings. These are entirely optional and not linked to your trading account.
  • No Tripartite Agreements: ProStocks will not be a party to any agreement you enter into with a third-party product provider.
  • Login Security: Access to the broking section of our app or platform will always be protected by two-factor authentication (2FA), as mandated by SEBI and stock exchanges.

For Your Protection

We want to ensure you are empowered with choice, and protected by regulation. Our platform is committed to providing you with a seamless and secure experience — whether you're trading or exploring optional financial services.

Note: ProStocks only distributes third-party products as a facilitator. Disputes related to these products cannot be resolved through Exchange arbitration, SCORES, or ODR. Each product is offered by its respective regulated entity.

For any questions or concerns, feel free to reach out to our support team.

Warm regards,
Team ProStocks

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Step 1:

Mobile User: Go to your profile section and click on the 'BO Modification' button located at the top right-hand side of the profile menu.

  • Web User: Click on the 'BO Modification' menu inside the profile menu.


  • Step 2:

    • In the 'Change Brokerage Plan' box, click on the 'GO' button.

    • You will be taken to ProStocks Console, where you will see the menu 'Change Brokerage Plan'.



    What is Buyback of shares?

    Share or stock buyback is the practice where companies decide to purchase their own share from their existing shareholders either through a tender offer or through an open market.

    How do companies buy back their shares from share holders?

    Companies buy back their shares by two methods, either by the Open Market or through Tender offer.

    Open Market offer: Companies can buyback their shares directly from open market by the sellers. This buyback can last for months as disclosed by the company to the SEBI.

    Tender Market offer: Companies offer a buy back of its shares at a particular price at which investors can apply. The tender market buybacks can be applied through stock broker’s platforms.

    What is the Process to tender Buyback of shares through ProStocks web application for POA clients?

    ProStocks offer buyback of shares through its trading application.

    Read More Comment (1) Hits: 15031

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