Description
NSE has approved the surrender of Currency and IRF Segment membership by Nirman Share Brokers Private Limited (SEBI Reg. No. INZ000197638), effective April 9, 2026.
Summary
NSE’s Compliance Department has issued Circular Ref. No. 28/2026 notifying all members that Nirman Share Brokers Private Limited (SEBI Registration No. INZ000197638) has been approved to surrender its membership in the Currency and IRF Segment of the National Stock Exchange of India.
Key Points
- Nirman Share Brokers Private Limited has voluntarily surrendered its membership in the Currency and Interest Rate Futures (IRF) Segment.
- SEBI Registration Number of the surrendering member: INZ000197638.
- The Exchange has formally approved the surrender request.
- All NSE members are notified to take note of this change.
Regulatory Changes
No broader regulatory changes are introduced. This circular represents an administrative update reflecting a change in the membership composition of the Currency and IRF Segment.
Compliance Requirements
- All existing members are required to note that Nirman Share Brokers Private Limited is no longer an active member in the Currency and IRF Segment.
- Members should update their internal records and counterparty lists accordingly.
Important Dates
- Surrender Approval Date: April 9, 2026
- Circular Date: April 10, 2026
Impact Assessment
The impact is limited to administrative record-keeping. The surrender affects only the Currency and IRF Segment participation of one member. There is no broader market disruption expected. Counterparties or clients previously transacting through Nirman Share Brokers in this segment should seek alternative arrangements if required.
Impact Justification
Routine administrative circular notifying the surrender of a single member's segment-specific membership with no broader market or regulatory impact.