Description

BSE has published the penalty report for client code modifications of non-institutional trades done during September 2025, available for download in the EQUITY TRANSACTION FOLDER on Extranet.

Summary

BSE has made available the penalty report for client code modifications of non-institutional trades conducted during September 2025. The report, named PM0925.Clg, has been uploaded to the EQUITY TRANSACTION FOLDER in the BSE Extranet portal. This report is prepared in accordance with Exchange Notice Nos. 20110729-24 (July 29, 2011) and 20110826-4 (August 26, 2011).

Key Points

  • Penalty report covers client code modifications for non-institutional trades during September 2025
  • Report file name: PM0925.Clg
  • Available in EQUITY TRANSACTION FOLDER on BSE Extranet
  • Applicable to all trading segments
  • Members must save the file for future reference
  • Contact details provided for queries: 022-2272 8435 or 022-2272 5785, email: bse.reports@bseindia.com

Regulatory Changes

No new regulatory changes introduced. This circular is a routine publication under existing framework established by Exchange Notice Nos. 20110729-24 and 20110826-4 from 2011.

Compliance Requirements

  • Trading members must download the penalty report from the Extranet
  • Members are required to save the PM0925.Clg file for their future reference
  • Members should review penalties levied for client code modifications during September 2025
  • Any queries or clarifications should be directed to BSE Trading Operations via provided contact details

Important Dates

  • Notice Date: October 10, 2025
  • Reporting Period: September 2025
  • Report Available: October 10, 2025 in Extranet

Impact Assessment

This is a routine administrative circular with minimal market impact. It affects only those trading members who modified client codes for non-institutional trades during September 2025 and are subject to penalties under the existing framework. The circular serves as a notification and compliance tracking mechanism rather than introducing new requirements or causing operational disruptions. No impact on stock prices, trading operations, or general market participants.

Impact Justification

Routine monthly penalty report publication for trading members regarding client code modifications; operational/administrative in nature with no market-wide impact