Description

BSE has released the penalty report for client code modifications of non-institutional trades done during November 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 executed during November 2025. The report, named PM1125.Clg no., has been uploaded to the Equity Transaction Folder on BSE Extranet and is available for download by trading members. This penalty report is issued 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 November 2025
  • Report file name: PM1125.Clg no.
  • Available in Equity Transaction Folder on BSE Extranet
  • Applies to all segments (Equity, F&O, Currency, Commodity)
  • Members must save files for future reference
  • Report issued under existing Exchange notices from 2011

Regulatory Changes

No regulatory changes. This is a routine monthly report issued under existing compliance framework established in 2011.

Compliance Requirements

  • Trading members must download the penalty report from BSE Extranet
  • Members are required to save the penalty report files for future reference
  • Members should review penalties applicable to their client code modifications during November 2025
  • For queries or clarifications, members should contact BSE at:

Important Dates

  • Notice Date: December 11, 2025
  • Reporting Period: November 2025
  • Download Availability: December 11, 2025 (today)

Impact Assessment

Market Impact: Minimal. This is an administrative notification for trading members only.

Operational Impact: Low. Affects only those trading members who modified client codes for non-institutional trades during November 2025. Members need to download and review the report to understand any penalties assessed against their activities.

Compliance Impact: Routine compliance activity. Members must maintain these reports as part of their record-keeping obligations and address any penalties identified in the report.

Impact Justification

Routine monthly penalty report download notification for trading members regarding client code modifications. Administrative in nature with no market-wide impact or regulatory changes.