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. Trading members are advised 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.
- The member is deceased.
- All trading members of BSE are requested to take note of the change.
Regulatory Changes
No regulatory changes are introduced by this circular. This is a notification of an administrative action already approved by SEBI regarding the cessation of a trading membership.
Compliance Requirements
Trading members are required to take note of the surrender of membership of Prakash Chandra Joshi (Member No. 6340). No additional compliance actions are specified for other members.
Important Dates
- Notice Date: 24 February 2026
- Notice No.: 20260224-4
Impact Assessment
This circular has minimal market or operational impact. It is a routine administrative notice confirming SEBI’s approval of a trading membership surrender following the death of a member. No active trading accounts or market operations are affected beyond the removal of this membership from BSE’s records.
Impact Justification
Administrative notice regarding SEBI-approved surrender of a single trading membership due to death of the member; no market-wide or trading impact.