Description

Trdez Investment Private Limited ceases to be a member of NSE Clearing Limited effective March 25, 2026, following expulsion by BSE. All NSE members are informed to take note.

Summary

NSE Clearing Limited has informed all members that Trdez Investment Private Limited has ceased to be a member of NSE Clearing Limited. The cessation follows the expulsion of the entity by BSE vide circular ref. no. 20260320-34 dated March 20, 2026. The membership termination is governed by Rule 8(1A) of Chapter IV of the Rules of NSE Clearing Limited.

Key Points

  • Trdez Investment Private Limited (SEBI Registration No. INZ000311938) has been expelled by BSE.
  • As a consequence, the entity ceases to be a Self Clearing Member of NSE Clearing Limited.
  • The cessation is effective March 25, 2026.
  • The action is taken under Rule 8(1A) of Chapter IV of NSE Clearing Limited Rules.
  • All NSE members are requested to take note of this change.

Regulatory Changes

No new regulatory framework introduced. The cessation is enacted under the existing Rule 8(1A) of Chapter IV of NSE Clearing Limited Rules, which provides for automatic cessation of NSE Clearing membership upon expulsion by BSE.

Compliance Requirements

  • All NSE members must note that Trdez Investment Private Limited is no longer an active Self Clearing Member of NSE Clearing Limited.
  • Members should update their records and cease treating Trdez Investment Private Limited as an eligible clearing counterpart.

Important Dates

  • March 20, 2026: BSE issued expulsion circular (ref. no. 20260320-34).
  • March 25, 2026: Effective date of cessation of membership at NSE Clearing Limited.

Impact Assessment

The impact is limited to administrative and operational records. This circular affects only Trdez Investment Private Limited and parties who may have had clearing arrangements with them. Broader market operations and trading are unaffected. Members should verify any open positions or obligations linked to this entity.

Impact Justification

Administrative membership cessation affecting a single self-clearing member with no broader market or trading impact.