Description
BSE notifies 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 notice was issued by Amit Kadam, Asst. Vice President, Membership Department, BSE.
- This is an informational notice; no action is required from other trading members.
Regulatory Changes
No regulatory changes. This is an administrative action reflecting the cessation of trading membership due to the death of the member and subsequent SEBI approval of the surrender.
Compliance Requirements
No specific compliance requirements are imposed on other trading members. Members are simply requested to take note of the surrender of this membership.
Important Dates
- Notice Date: 24 February 2026
- Notice No.: 20260224-4
Impact Assessment
Minimal market impact. This is a routine administrative notice concerning the exit of a single trading member (Prakash Chandra Joshi, Member No. 6340) from BSE due to death. It has no effect on market operations, trading rules, or compliance obligations for other members.
Impact Justification
Administrative notice informing members of SEBI-approved surrender of a single trading membership due to death; no market-wide regulatory change or compliance action required from other members.