TERMS OF USE

Mintcap Brokers Private Limited

Last Updated: June 24, 2026

This Terms of Use (“Agreement”) is a legally binding contract between Mintcap Brokers Private Limited (“Mintcap Brokers”, “we”, “us”, or “our”) and you (“Client”, “User”, or “you”). Mintcap Brokers is registered with the Securities and Exchange Board of India (“SEBI”) as a Stock Broker (Reg. No. INZ000322732), Depository Participant of CDSL (Reg. No. IN-DP-806-2025; DP-ID 12102300), Trading & Self Clearing Member of BSE (Member Code: 6903) and NSE (Member Code: 90430), AMFI-registered Mutual Fund Distributor (ARN: 289109), and a Category II Execution Only Platform registered with BSE (EOP Code: E6903). Mintcap Brokers is registered with SEBI as a Stock Broker (Reg. No. INZ000322732), Depository Participant of CDSL (Reg. No. IN-DP-806-2025; DP-ID 12102300), Trading and Self Clearing Member of BSE (Member Code: 6903) and NSE (Member Code: 90430), AMFI-registered Mutual Fund Distributor (ARN: 289109), and a Category II Execution Only Platform registered with BSE (EOP Code: E6903).

Mintcap Brokers’ registered office is at Plot No. 1290, Second Floor, 17th Cross, 5th Main, Sector-7, HSR Layout, Bangalore, Karnataka – 560102, India.

1. Definitions

The following terms carry the meanings set out below throughout this Agreement:

• “Account” means the trading and/or demat account relationship established by a Client with Mintcap Brokers for availing Services on the Platform.
• “Applicable Law” means all statutes, regulations, circulars, directions, and guidelines issued by SEBI, CDSL, NSE, BSE, RBI, the Ministry of Finance, the Ministry of Electronics and Information Technology, and any other competent authority, as amended from time to time.
• “Client / User / You” means any individual or legal entity that has created an Account or uses the Platform, including any person who visits, browses, or avails Services through the Platform.
• “Credentials” means your login ID, password, MPIN, OTP, biometric authentication, or any other security information used to access the Platform.
• “Execution Only Platform (EOP)” means an internet-based execution-only platform as defined under SEBI Circular SEBI/HO/MIRSD/MIRSD-SEC-5/P/CIR/2022/06, through which Clients may place orders without investment advice being rendered.
• “Platform” means the internet portals at www.capmint.com, and the mobile applications ‘Capmint’, including all sub-domains and APIs.
• “SCORES” means the SEBI Complaints Redress System accessible at https://scores.sebi.gov.in.
• “Services” means all financial and ancillary services provided by Mintcap Brokers through the Platform, including equity broking, derivatives trading, mutual fund distribution, depository participant services, and related informational services.
• “SmartODR” means the Online Dispute Resolution platform for the securities market, accessible at https://smartodr.in.

2. Eligibility and User Representations

2.1 Eligibility

By registering on or using the Platform including opening a Trading and/or Demat Account, you represent and warrant that:

• You are at least 18 years of age and possess the legal capacity to enter into a binding contract under the Indian Contract Act, 1872, Minors may access the Platform only through a guardian who has completed the requisite KYC and execution of the mandatory Rights and Obligations document.
• You are a resident of India or a non-resident Indian (NRI) / foreign national permitted under applicable FEMA, SEBI, and RBI regulations to invest in Indian securities markets. Non-eligible persons must not use the Platform and the Company reserves the right to terminate access immediately if your residency status changes without disclosure.
• If acting on behalf of a legal entity, you have full authority and have provided the necessary corporate resolutions/authorizations to bind that entity to this Agreement.
• You are not subject to any SEBI debarment, Stock Exchange disciplinary action, court injunction, or regulatory prohibition that restricts your participation in securities markets, and you will immediately cease using the platform if any such restriction is initiated.
• All information you provide during registration and thereafter is true, accurate, current, and complete. You will promptly update any information that changes.
• All funds utilized for transactions on this platform originate from legitimate sources and strictly comply with the Prevention of Money Laundering Act (PMLA), 2002. You will not utilize this platform for any speculative, unauthorized, or manipulative practices (such as synchronized or wash trades).
• Your trading and investment activities are subject to the Master Circulars/Circulars for Stock Brokers issued by SEBI and the relevant bye-laws of the Stock Exchanges (NSE/BSE/MCX) and Depositories (CDSL/NSDL) from time to time.

2.2 KYC and Account Opening

Mintcap Brokers is required under Applicable Law to verify your identity before activating your Account. You expressly authorise Mintcap Brokers and/or its authorised third-party service providers to:

1. Access and verify details linked to your registered mobile number, PAN, and Aadhaar (subject to UIDAI regulations) for KYC, onboarding, and regulatory compliance.
2. Conduct background verification, credit checks, CKYC registry lookups, and due-diligence enquiries as required by SEBI/PMLA norms, and you acknowledge that your consent for such fetches cannot be revoked retroactively once a business relationship is established.
3. Communicate with CDSL, exchanges, NSDL, and other market infrastructure institutions on your behalf.

3. Services Offered

3.1 Equity and Derivatives Broking

Mintcap Brokers facilitates the purchase and sale of listed securities on BSE and NSE on an execution-only basis. We do not provide investment advice. All investment decisions are yours alone. You acknowledge:

• Order execution is subject to exchange rules, market conditions, circuit filters, and available liquidity. Mintcap Brokers does not guarantee execution of any order.
• Brokerage, statutory levies (STT, GST, stamp duty, exchange transaction charges, SEBI turnover fees), and other charges will be levied as per the schedule published on the Platform, which may be updated with prior notice.
• Derivatives (F&O) trading requires maintenance of adequate margins. Mintcap Brokers may square off open positions without prior notice if margins fall below the Exchange-mandated threshold, in compliance with SEBI regulations on margin collection.

3.2 Depository Participant Services

Mintcap Brokers acts as a DP of CDSL. Demat account operations are governed by the CDSL bye-laws, operating instructions, and applicable SEBI regulations, in addition to this Agreement. Running account settlement of funds and securities will be conducted as per SEBI Circular SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2021/579, with a settlement cycle of 30/90 days as chosen by you.

3.3 Execution Only Platform (EOP)

The Platform operates as a Category II EOP registered with BSE under SEBI Circular SEBI/HO/MIRSD/MIRSD-SEC-5/P/CIR/2022/06. No investment advice, research recommendations, or portfolio advisory services are provided unless separately subscribed and contracted under a distinct SEBI-registered advisory arrangement.

4. Account, Credentials, and Security

You are solely responsible for maintaining the confidentiality and security of your Credentials. Mintcap Brokers will treat any instruction placed using your Credentials as having originated from you.

• Do not share your password, MPIN, or OTP with anyone, including Mintcap Brokers employees. We will never ask for your password.
• You are required to utilize and maintain Multi-Factor Authentication (MFA) as mandated by SEBI guidelines, which includes a combination of a knowledge factor (password/PIN) and a biometric factor (fingerprint/facial recognition) or a time-based token (TOTP) to access the Platform. Access may be restricted or terminated if mandatory MFA protocols are bypassed or disabled.
• You authorize Mintcap Brokers to implement device-binding and collect unique device identifiers, IP addresses, and geolocation data to secure your account. The Company reserves the absolute right to block logins or restrict trading activities originating from unrecognized, emulated, or high-risk devices.
• Immediately notify Mintcap Brokers at support@capmint.com if you suspect unauthorised access, loss of Credentials, or a security breach.
• Mintcap Brokers shall not be liable for losses arising from unauthorised transactions where you have acted fraudulently, been negligent, or failed to notify us of a Credentials compromise.

You shall be liable for all activity on your Account until the time we receive your written notification of compromise and have taken reasonable steps to suspend access.

5. Prohibited Activities

You agree not to use the Platform for any of the following activities:

• Market manipulation, circular trading, front-running, spoofing, layering, or any activity prohibited under SEBI (Prohibition of Fraudulent and Unfair Trade Practices) Regulations, 2003.
• Accessing the Platform through automated scripts, bots, or scraping tools without our prior written consent.
• Reverse engineering, decompiling, or disassembling any part of the Platform or its software.
• Attempting to gain unauthorised access to any part of the Platform, our servers, or third-party systems connected to the Platform.
• Impersonating another user, employee, or SEBI/exchange official.
• Transmitting or uploading content that is unlawful, defamatory, harassing, or infringes third-party intellectual property.
• Using the Platform to launder money or finance activities prohibited under applicable law, including the Prevention of Money Laundering Act, 2002.

Mintcap Brokers reserves the right to report suspicious activity to SEBI, the Financial Intelligence Unit (FIU-IND), and/or law enforcement authorities without prior notice to you.

6. Charges, Fees, and Payments

All applicable charges – including brokerage, DP charges, pledge/unpledge fees, GST, STT, and other statutory levies – are detailed in the Schedule of Charges published on the Platform i.e.https://www.capmint.com/pricing. By transacting, you agree to pay all applicable charges. Key terms:

• Charges may be revised with thirty (30) days’ notice. Continued use after the notice period constitutes acceptance of the revised charges.
• Insufficient funds to cover statutory dues or obligations may result in your positions being liquidated or access to the Platform being restricted.
• Mintcap Brokers may levy interest on delayed payments at such rates as disclosed in the Schedule of Charges or as required under exchange regulations.
• Refunds, if applicable, will be processed only to the source bank account linked to your Account, in compliance with SEBI guidelines on handling client funds.

7. Data Privacy and Consent

Your use of the Platform is also governed by our Privacy Policy which constitutes an electronic record under the Information Technology Act, 2000, and is fully aligned with other applicable Act, and the Rules framed thereunder, which is incorporated herein by reference. In accordance with the applicable regulations, you agree and consent to the following:

• Processing Under Statutory Mandate: Collection, processing, and storage of your personal data – including your name, PAN, Aadhaar (processed strictly via authorized e-KYC/DigiLocker routes with appropriate data masking under UIDAI norms), bank account details, transaction history, demat accounts, biometric identifiers for multi-factor authentication, and device/usage data – is carried out by the Company in its capacity as a Data Fiduciary. This processing is strictly necessary for the specified purposes of mandatory KYC verification, service delivery, regulatory reporting, fraud prevention, risk mitigation, and maintaining capital market integrity under SEBI guidelines.
• Sharing your data with SEBI, exchanges (BSE/NSE), depositories (CDSL/NSDL), clearing corporation, AMFI, KRAs, CERSAI, FIU-IND, and other regulatory or government bodies as required by Applicable Law.
• Sharing data with authorised third-party service providers (payment gateways, KYC agencies, cloud providers, analytics partners) strictly for service delivery purposes under data processing agreements.
• Receiving transactional communications, account alerts, regulatory notices, and service updates via email, SMS, and WhatsApp on your registered contact details. Promotional communications may be opted out of at any time.

8. Intellectual Property

All content features, and digital architecture on the Platform – including but not limited to trademarks, logos, software, source code, databases, research content, designs, and compilations – is the exclusive property of Mintcap Brokers or its licensors and is protected under the Copyright Act, 1957, the Trade Marks Act, 1999, and other applicable laws.

You are granted a limited, revocable, non-exclusive, non-transferable licence to access and use the Platform solely for your own personal, non-commercial investment purposes. You must not:

• Copy, reproduce, distribute, or create derivative works from Platform content without express written permission.
• Use Mintcap Brokers’ trademarks or service marks in any way that could cause confusion or falsely imply endorsement.
• Use any data extracted from the Platform for commercial purposes, algorithmic trading (unless under a separately executed API agreement), or competitive intelligence against Mintcap Brokers.
• Reverse-engineer, disassemble, or attempt to derive the source code, underlying algorithms, or architecture of the Platform or any associated application programming interfaces (APIs).
• Use any automated systems, software, scripts, bots, spiders, or scrapers to access, extract, or “data-mine” the Platform for any purpose, including but not limited to commercial usage, competitive intelligence, algorithmic trading (unless explicitly authorized under a separately executed API Agreement), or the training, fine-tuning, or validation of artificial intelligence (AI) models, machine learning systems, or Large Language Models (LLMs).
• User Feedback and Idea Submissions: If you submit, post, or transmit any suggestions, feature requests, bug reports, ideas, or feedback regarding the Platform, you hereby assign and transfer all global rights, titles, and intellectual property interests in such feedback to Mintcap Brokers absolutely. The Company shall be free to utilize, implement, and commercialize such feedback without any restriction, financial obligation, royalty, or credit to you.

9. Third-Party Links and Services

The Platform may contain links to, or integrations with, third-party websites, external research platforms, payment gateways, banks, or partner applications. Mintcap Brokers (the “Company”) does not endorse, monitor, control, or assume responsibility for any third-party content, products, services, or operational uptime. Access to and use of third-party platforms and native API integrations is entirely at your own risk and shall be governed exclusively by the terms of use and privacy policies of those respective third parties. You acknowledge and agree to the following:

• Third-Party Payment Failures: The Company utilizes third-party payment gateways, banks, and clearing infrastructure to facilitate fund transfers (including UPI, NetBanking, and IMPS). Mintcap Brokers shall not be liable for any delays, processing failures, transaction dropouts, or technical disruptions caused by these financial intermediaries. You explicitly agree that the Company is not responsible for any consequential trading losses, missed market opportunities, or auto-square-offs resulting from a delay in funds reflecting in your trading account due to third-party gateway failures.
• No Financial Agency or Endorsement: The inclusion of any third-party link, SSO (Single Sign-On) integration, or multi-broker routing mechanism on the Platform does not imply an endorsement, recommendation, or verification by the Company. Mintcap Brokers acts strictly as an execution intermediary and is not a party to, nor responsible for, any transaction, dispute, or service deficiency arising between you and an external third-party provider.

10. Disclaimers and Limitation of Liability

10.1 As-Is Basis

The Platform and all Services are provided on an “as is” and “as available” basis without any express or implied warranties, including warranties of merchantability, fitness for a particular purpose, or non-infringement. Mintcap Brokers does not warrant that the Platform will be uninterrupted, error-free, or free from viruses or other harmful components. You explicitly acknowledge that digital trading relies on complex internet networks, telecommunication lines, and third-party cloud infrastructure, which are inherently subject to transmission drops, processing lags, and latency.

10.2 Limitation of Liability

To the maximum extent permitted by Applicable Law:

• Mintcap Brokers (its directors, promoters, employees, and tech partners) shall not be liable for any indirect, incidental, special, punitive, or consequential damages, including loss of profits, trading opportunities, market gains, goodwill, or data, arising out of or in connection with your use of or inability to use the Platform or Services.
• In respect of any direct liability that a court or arbitral tribunal finally determines, Mintcap Brokers’ aggregate liability to you shall not exceed the aggregate brokerage and fees paid by you to Mintcap Brokers in the three (3) months immediately preceding the event giving rise to the claim.
• The foregoing limitations and exclusions do not apply to liability for fraud, wilful misconduct, or gross negligence by Mintcap Brokers, or to any liability that cannot be excluded under Applicable Law (including SEBI regulations).

10.3 Force Majeure

Mintcap Brokers shall not be in breach of this Agreement or liable for any delay or failure to perform its obligations where such failure results from events beyond its reasonable control, including exchange halts, government action, natural disasters, cyber-attacks on market infrastructure, acts of terrorism, pandemic-related disruptions, or failure of third-party systems or any other failure.

10.4 Platform Availability

Scheduled and emergency maintenance may occasionally require temporary suspension of the Platform. Mintcap Brokers will endeavour to provide advance notice of planned outages where possible, and will not be liable for losses arising from any unavailability of the Platform during such periods or otherwise. The Company completely disclaims liability for any financial losses, including but not limited to margin shortfalls, missed entries, or auto-square-off triggers arising from platform unavailability during such maintenance windows. Furthermore, during high-volatility events, you acknowledge that market orders may suffer ‘slippage’ (execution at a price different from the displayed quote), and the Company is completely indemnified against price variances executed on the Exchange floor.

11. Suspension and Termination

11.1 Termination by You

You may close your Account and terminate this Agreement at any time by submitting a closure request through the Platform or by writing to support@capmint.com, subject to settlement of all outstanding dues, pending positions, and transfer of securities as applicable. Account closure shall be subject to the absolute and final settlement of all outstanding dues, clear payment of ledger debit balances, closure or square-off of all open derivative positions, and the legal transfer or liquidation of securities remaining in your Demat account. The Company reserves the right to reject an account closure request if any open transaction, dispute, or regulatory investigation is pending.

11.2 Termination by Mintcap Brokers – With Notice

Mintcap Brokers may terminate this Agreement for any reason by providing you with 30 days’ prior written notice via your registered email address. Upon expiry of the notice period, the Company will restrict further order placement and process account closure in accordance with Exchange timelines.

11.3 Immediate Suspension / Termination

Mintcap Brokers reserves the absolute right to instantly suspend trading privileges, freeze your Demat account, block platform logins, and terminate this Agreement with immediate effect and without prior notice or intimation in any of the following circumstances:

• Actual or suspected fraud, money laundering, market manipulation, or violation of SEBI regulations.
• Provision of false, misleading, or incomplete information during KYC or at any point during the relationship.
• Material breach of this Agreement that, by its nature, cannot be remedied.
• Direction or order from SEBI, a stock exchange, a court, or any other competent authority.
• Insolvency, bankruptcy, or initiation of winding-up proceedings against you.
• Security concerns arising from suspected compromise of your Credentials.

Upon termination, all pending orders will be cancelled where possible, your access to the Platform will be revoked, and outstanding obligations will be settled in accordance with exchange rules and Applicable Law. Termination does not affect any accrued rights or liabilities of either party.

12. Grievance Redressal

Mintcap Brokers is committed to resolving client complaints in a fair and timely manner, in accordance with SEBI Circular No. SEBI/HO/OIAE/OIAE_IAD-1/P/CIR/2023/145 and the SEBI (Stock Brokers) Regulations, 1992 and other related circulars issued from time to time

Step 1 – Contact Customer Support

• Email: support@capmint.com | Working hours: Monday–Friday, 9:00 AM – 6:00 PM (excluding public holidays). We will acknowledge your complaint within one (1) business day.

Step 2 – Escalate to Grievance Officer

• If unresolved within seven (7) business days, escalate to our Grievance Officer:
• [Grievance Officer Name] | Email: grievance@capmint.com | Address: Plot No. 1290, Second Floor, 17th Cross, 5th Main, Sector-7, HSR Layout, Bangalore – 560102

The Grievance Officer will acknowledge within two (2) business days and aim to resolve within thirty (30) days of receipt.

13. Applicable Law and Jurisdiction

This Agreement shall be governed by and construed in accordance with the laws of India. The courts and tribunals at Bangalore, Karnataka, shall have exclusive jurisdiction over any disputes not resolved through arbitration, subject to Section 14 below.

14. Dispute Resolution

14.1 Informal Resolution

Before commencing formal proceedings, both parties agree to attempt resolution through good-faith discussions for a minimum of thirty (30) days following written notice from the aggrieved party. The informal resolution period for exchange-related disputes involving investor grievances shall be as per SEBI’s investor protection framework.

14.2 Arbitration

Any dispute, controversy, or claim arising out of or relating to this Agreement that cannot be resolved informally shall be finally resolved by binding arbitration conducted in accordance with the Arbitration and Conciliation Act, 1996 (as amended). The arbitration panel shall consist of three (3) arbitrators: each party shall appoint one, and the two appointed arbitrators shall jointly appoint the third, who shall serve as the presiding arbitrator. The seat and venue of arbitration shall be Bangalore, Karnataka. The language of arbitration shall be English.

14.3 Exceptions to Arbitration

The following matters are excluded from arbitration and may be pursued before competent courts or regulatory forums directly:

• Enforcement or protection of Mintcap Brokers’ intellectual property rights.
• Applications for interim injunctive or emergency relief.
• Complaints filed through SEBI SCORES, SmartODR, or exchange investor service centres.
• Actions arising from violation of SEBI regulations, PMLA, or other regulatory statutes.

15. Assignment

You may not assign or transfer your rights or obligations under this Agreement without Mintcap Brokers’ prior written consent.

Mintcap Brokers may assign this Agreement – including all rights and obligations – in connection with a merger, acquisition, demerger, or transfer of its business or assets, provided that:

• Mintcap Brokers provides you with at least thirty (30) days’ prior written notice via your registered email address.
• If the assignment results in a material change to your rights, you shall have the right to terminate this Agreement within the notice period without penalty by providing written notice to us.

16. General Provisions

16.1 Entire Agreement

This Agreement, together with the Privacy Policy, Risk Disclosure Document, and the Schedule of Charges, constitutes the entire agreement between you and Mintcap Brokers with respect to the subject matter hereof and supersedes all prior oral or written understandings.

16.2 Severability

If any provision of this Agreement is held to be invalid, illegal, or unenforceable by a court of competent jurisdiction, such provision shall be modified to the minimum extent necessary to make it enforceable, and the remaining provisions shall continue in full force and effect.

16.3 Waiver

No failure or delay by either party in exercising any right under this Agreement shall operate as a waiver of that right. No single or partial exercise of any right shall preclude any further exercise thereof or the exercise of any other right.

16.4 Amendments

Mintcap Brokers reserves the right to modify, amend, update, or revise this Agreement from time to time in accordance with Applicable Law, regulatory requirements, business practices, or internal policies. Any such amendments shall become effective upon being published on the Platform or otherwise communicated through appropriate channels, unless otherwise required under Applicable Law.

Your continued access to or use of the Platform and/or continued maintenance of an Account with Mintcap Brokers after the effective date of such amendments shall constitute your acknowledgment and acceptance of the revised Agreement.

You are advised to review this Agreement periodically for any updates or changes. The information contained herein is subject to change without prior notice, and you are encouraged to retain a copy of the latest version for your future reference.

16.5 Contact Us

For any queries regarding this Agreement, contact:

Mintcap Brokers Private Limited

Plot No. 1290, Second Floor, 17th Cross, 5th Main, Sector-7, HSR Layout, Bangalore – 560102

Email: support@capmint.com | Grievance: grievance@capmint.com