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 trading membership of Prakash Chandra Joshi (Member No. 6340), who is deceased. Trading members are requested to take note of this development.
Key Points
- Trading membership of Prakash Chandra Joshi (Member No. 6340) has been surrendered.
- The surrender has been formally approved by SEBI.
- All trading members of BSE are requested to take note of this change.
- Notice issued by Amit Kadam, Asst. Vice President, Membership Department.
Regulatory Changes
No new regulatory changes. This is an administrative update reflecting the SEBI-approved termination of a trading membership due to the death of the member.
Compliance Requirements
Trading members are required to note the surrender and ensure no further dealings or transactions are associated with Member No. 6340 (Prakash Chandra Joshi).
Important Dates
- Notice Date: 24 February 2026
- Notice No: 20260224-4
Impact Assessment
This notice has minimal market impact. It is a routine administrative action following the death of a trading member. The surrender of membership ensures the formal closure of the deceased member’s trading rights on the exchange, as sanctioned by SEBI.
Impact Justification
Administrative notice regarding the SEBI-approved surrender of a single deceased member's trading membership; no market-wide or trading impact.