Description
NSE announces approval of total surrender of memberships for Alpha Capital and INA Stock Broking Company Private Limited, effective January 5, 2026.
Summary
The National Stock Exchange of India has approved the total surrender of memberships for two trading members: Alpha Capital (SEBI registration number INZ000312023) and INA Stock Broking Company Private Limited (SEBI registration number INZ000234636). The approvals were granted on January 5, 2026.
Key Points
- Alpha Capital’s last trade date was May 13, 2025, with approval granted on January 5, 2026
- INA Stock Broking Company Private Limited’s last trade date was November 5, 2018, with approval granted on January 5, 2026
- Both members have voluntarily surrendered their NSE memberships
- All exchange members have been notified of these surrenders
Regulatory Changes
No regulatory changes. This is an administrative notification of membership surrenders.
Compliance Requirements
No specific compliance actions required. Members are requested to take note of the membership surrenders.
Important Dates
- May 13, 2025: Last trade date for Alpha Capital
- November 5, 2018: Last trade date for INA Stock Broking Company Private Limited
- January 5, 2026: Date of approval for both membership surrenders
- January 8, 2026: Circular issuance date
Impact Assessment
Minimal market impact. These are routine membership surrenders of two trading members who had already ceased trading operations. Alpha Capital stopped trading in May 2025, while INA Stock Broking Company Private Limited ceased operations as far back as November 2018. The surrenders formalize their exit from the exchange and have no effect on market operations or other participants.
Impact Justification
Routine administrative notification of two trading members voluntarily exiting the exchange. No market-wide impact or regulatory changes.