BSE notifies TM’s/ CM’s Handling of Client’s Securities and the certain Procedures


The Bombay Stock exchange (BSE) has issued a notice regarding the Handling of Clients’ Securities by Trading Members (TM) / Clearing Members (CM). It has also clarified on the procedure to seek prior approval for change in control. The present notification was issued on 6th January, 2023.

Indian Clearing Corporation Ltd (ICCL) Members are requested to take note of the contents of the following SEBI circulars.

  1. Circular on Handling  of  Clients’  Securities  by  Trading  Members (TM) / Clearing Members (CM)
  2. Procedure for seeking prior approval for change in control

In case of any clarifications, members may contact their respective Relationship Managers or the below-mentioned contacts namely: –

(i) ICCL Ops – +91-22-2272 8682/8121/8881/5648/8567 email:

(ii) Membership & Inspection Dept. for compliance aspect – +91-22-22728365/8788/5075/5744 email:

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