Description
BSE has received an application for surrender of membership from Phoenix Share & Stockbrokers Pvt. Ltd. (Member No. 247). This notice is issued under the Membership Compliance department.
Summary
BSE has issued Notice No. 20260515-1 dated May 15, 2026, regarding the application for surrender of membership filed by Phoenix Share & Stockbrokers Pvt. Ltd., registered as BSE Member No. 247. The notice is issued by the Membership Compliance department under the General segment.
Key Points
- Member Name: Phoenix Share & Stockbrokers Pvt. Ltd.
- Member Number: 247
- Notice Number: 20260515-1
- Notice Date: May 15, 2026
- Category: Others
- Segment: General
- Department: Membership Compliance
- No attachments are associated with this notice.
Regulatory Changes
No regulatory changes are introduced by this notice. It is a procedural administrative notification related to membership surrender.
Compliance Requirements
Clients and counterparties dealing with Phoenix Share & Stockbrokers Pvt. Ltd. (Member No. 247) should take note of this surrender application and make necessary arrangements for their trading and settlement activities with alternative BSE members if required.
Important Dates
- Notice Date: May 15, 2026
- No specific deadlines mentioned in the notice.
Impact Assessment
The impact is limited to clients and counterparties of Phoenix Share & Stockbrokers Pvt. Ltd. (Member No. 247). There is no broader market or systemic impact. Affected clients should contact BSE or seek alternative broking arrangements as this membership surrender proceeds through the regulatory process.
Impact Justification
This is a routine administrative notice regarding a single member's application to surrender BSE membership. It has no direct market-wide impact and affects only the specific member and its clients.