Notice No20210512-45Notice Date12 May 2021
CategoryOthersSegmentGeneral
SubjectRenewal of broker indemnity insurance policy
Content

As per notice Nos. 20160630-17 dated June 30, 2016 and 20160729-6 dated July 29, 2016, active trading members are required to upload and submit the Indemnity Insurance Policy through BEFS.

System generated alert emails are being sent to trading members to renew the indemnity insurance policy. Upon renewal of the policy, the details are required to be submitted along with policy document through BEFS within 30 days from the date of maturity of the previous policy.

In case the details are not furnished within the stipulated timeframe, it would be treated as non­compliance and late submission charges of Rs.100/- per day shall be levied till the date of submission/uploading of proof of the valid indemnity insurance policy on BEFS portal.

In case any further clarification is required in this regard, trading members may send email on   membership.ops@bseindia.com

 

 

Prakash Bhat                                                                          Savita Deshmukh 

Manager                                                                                 Manager

Membership Operations                                                              Membership Operations