Description
NSE has approved the total surrender of membership for Manipal Stock & Share Brokers Ltd. (SEBI Reg: INZ000188032) effective February 02, 2026.
Summary
The National Stock Exchange of India has approved the total surrender of membership for Manipal Stock & Share Brokers Ltd. The broker had ceased trading operations on April 21, 2022, and the formal surrender approval was granted on February 02, 2026.
Key Points
- Trading member: Manipal Stock & Share Brokers Ltd.
- SEBI Registration Number: INZ000188032
- Last Trade Date: April 21, 2022
- Surrender Approval Date: February 02, 2026
- Circular Reference: NSE/COMP/72640 (Circular 08/2026)
Regulatory Changes
No regulatory changes. This is an administrative notification regarding membership status.
Compliance Requirements
All NSE members are requested to take note of this membership surrender. No specific action items required from other members.
Important Dates
- Last Trade Date: April 21, 2022
- Surrender Approval Date: February 02, 2026
- Circular Date: February 05, 2026
Impact Assessment
Market Impact: Minimal. The broker had already ceased trading operations nearly four years ago (April 2022), so this formal surrender approval has no operational impact on current market activities.
Operational Impact: None for other market participants. This is an informational notice about the completion of an exit process for a broker that was already inactive.
Impact Justification
Routine administrative notification about single broker surrendering membership. Limited market impact as last trade was in 2022.