Description

BSE has made available the penalty report for client code modifications of non-institutional trades conducted during January 2026, available for download in the Equity Transaction Folder on Extranet.

Summary

BSE has released the penalty report for client code modifications of non-institutional trades for January 2026. The report (file name: PM0126.Clg no.) is available in the Equity Transaction Folder on the BSE Extranet platform. This penalty framework was established under 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 January 2026
  • Report file name: PM0126.Clg no.
  • Available in Equity Transaction Folder on BSE Extranet
  • Members must save files for future reference
  • Framework established under 2011 Exchange Notices
  • Applies to all trading segments

Regulatory Changes

No new regulatory changes. This circular is a routine notification regarding the availability of penalty reports under existing framework established in 2011.

Compliance Requirements

  • Trading members must download the penalty report from the Equity Transaction Folder on Extranet
  • Members are required to save the downloaded files for future reference
  • Any affected members should review penalties imposed for client code modifications during January 2026
  • Contact BSE Trading Operations for queries at 022-2272 8435/5785 or bse.reports@bseindia.com

Important Dates

  • Report Period: January 2026
  • Download Date: February 10, 2026
  • Reference Notices: Exchange Notice No. 20110729-24 (July 29, 2011) and 20110826-4 (August 26, 2011)

Impact Assessment

Operational Impact: Minimal. This is a routine monthly report release affecting only trading members who modified client codes for non-institutional trades during January 2026.

Market Impact: None. Administrative circular with no impact on trading, pricing, or market operations.

Member Impact: Low. Affects only those trading members who modified client codes during the reporting period. Members must review applicable penalties and maintain records for compliance purposes.

Contact Information:

  • Phone: 022-2272 8435 / 022-2272 5785
  • Email: bse.reports@bseindia.com
  • Issued by: Ketan Jantre (Head - Trading Operations) and Sanjay Pardiwala (Deputy Vice President - Trading Operations)

Impact Justification

Routine administrative circular regarding availability of penalty report for client code modifications. Impacts only trading members who modified client codes during January 2026. No market-wide impact or regulatory changes.