Description

BSE informs trading members that SEBI has approved the surrender of trading membership of Prakash Chandra Joshi (Member No. 6340), who is deceased.

Summary

BSE has issued a notice informing all trading members that SEBI has approved the surrender of the trading membership of Prakash Chandra Joshi (Member No. 6340), who is deceased. This is an administrative action handled by the BSE Membership Department.

Key Points

  • Trading membership of Prakash Chandra Joshi (Member No. 6340) has been surrendered.
  • SEBI has formally approved the surrender of membership.
  • The notice is issued for general awareness of all trading members of the Exchange.
  • Issued by Amit Kadam, Asst. Vice President, Membership Department.

Regulatory Changes

No regulatory changes are introduced by this circular. It is a procedural notification confirming SEBI’s approval of a membership surrender.

Compliance Requirements

Trading members of BSE are required to take note of the surrender of membership of Prakash Chandra Joshi (Member No. 6340). No further compliance action is required from other trading members.

Important Dates

  • Notice Date: 24 February 2026
  • Notice No.: 20260224-4

Impact Assessment

This notice has no material market or operational impact. It is a routine administrative communication confirming the cessation of trading membership of a deceased individual. Other trading members and market participants are not affected.

Impact Justification

Routine administrative notice of SEBI-approved membership surrender for a deceased member; no market-wide or stock-specific impact.