Regulatory Alerts2025-08-26
Relaxation in Timeline for Stock Brokers to Submit Net Worth Certificates for Margin Trading Facility
The Securities and Exchange Board of India (SEBI) has modified the submission deadlines for stock brokers to provide half-yearly net worth certificates required to offer margin trading facilities. The regulator extended the timeline to align with financial result declarations, requiring certificates for the half-years ending March 31 and September 30 to be submitted by May 31 and November 15, respectively. This circular amends the Master Circular for Stock Exchanges and Clearing Corporations and comes into effect immediately to promote ease of doing business.
Share