Flock blog
Reading regulatory filings, sourced and dated.
Plain-English guides to the public filings Flock tracks: 13F reports, NSE and BSE shareholding patterns, bulk and block deals, and FII/DII flows. Every claim links to its source. Research, not advice.
How to Read a Depository Holding Statement
A depository holding statement is a dated snapshot of one demat account. What free, pledged and locked-in balances mean, and how often it must arrive.
How to Check a Credit Rating Agency's Default Study
Every Indian CRA must publish default and transition rates annually. Where to find them, which of the three CDRs to read, and how to compare agencies fairly.
How to Check a Company's RTA and Folio Details
Find which registrar handles a listed company's shares, and what your physical folio needs: the four mandatory KYC fields, the ISR forms, the payment rule.
What Is a No Default Statement? The Monthly NDS
A no default statement is an issuer's monthly confirmation to its rating agency that it missed no debt payment. What it covers, and what three silences trigger.
What Is an INC Rating? Issuer Not Cooperating
An INC rating means the issuer stopped informing its rating agency, so the rating runs on best available data. How the tag starts, escalates and blocks ratings.
Rating Outlook vs Rating Watch: The Difference
Rating outlook vs rating watch: one is a near to medium term view with three set words, the other a short term event flag. When each applies, and when neither.
How to Read a Rating Rationale Press Release
How to read a rating rationale: SEBI fixes the minimum contents of every Indian rating press release. The 13 blocks it carries, and the three that matter most.
What Is Dematerialisation of Shares? The Demat Process
Dematerialisation of shares turns a paper certificate into a depository record. The statutory steps, the 7 and 15 day clocks, and the name check that stops it.
Beneficial Owner in a Depository: What It Means
A beneficial owner in a depository is whoever the depository records as one. Why the depository is registered owner, holds no votes, and what its register does.
What Is an SIF Investment Strategy? The 7 Types
An SIF investment strategy is a scheme launched under a specialized investment fund. The seven categories SEBI permits, the 25 percent short cap, one apiece.
How to Track SIF Launches in India
How to track SIF launches: prior SEBI approval, a distinct brand and website, the ISID on the AMFI site, and a shelf capped at seven strategies per fund house.
What Is the Potential Risk Class Matrix? PRC Cells
The potential risk class matrix puts each debt scheme in one of nine cells, by maximum interest rate risk and maximum credit risk. What the cells cap, and why.
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