The Bombay Stock Exchange (BSE) on May 07, 2026, issued a notification regarding renewal of Broker Indemnity Insurance Policy.
The following has been stated:-
•Active Trading Members must renew their indemnity insurance policy with a minimum coverage of ₹5 lakh and submit the policy details on the BEFS portal within 30 days of policy expiry.
•Members registered with both BSE and NSE need to submit the policy only to NSE, while exclusive BSE members must continue submission through BSE.
•Failure to submit renewed policy details within the stipulated period will be treated as non-compliance and may attract disciplinary action.
•The BEFS portal will allow updation of renewed/new policies only after expiry of the current policy, and system-generated reminder emails are being sent to members.
[Notification No.: 20260507-11]
