This has reference to the Notice no. 20210714-28 dated July 14, 2021, regarding the expulsion of Trading Member, Stampede Capital Limited pursuant to expulsion of Trading Member by NSE and Notice no. 20210727-2 dated July 27, 2022, regarding restoration of the trading rights of the member pursuant to restoration of Trading Member by NSE.
Hon’ble SAT vide its order dated August 11, 2022, has dismissed the appeal of the member.
Trading Members of the Exchange are hereby informed that pursuant to expulsion of Trading Member, Stampede Capital Ltd., by NSE vide their circular no. 63/2022 dated August 9, 2022, the Exchange has expelled the Trading Member, Stampede Capital Ltd (Clg. No. 6479), in compliance with the requirement of Circular No. F. No. 1/26/SE/91 dated August 12, 1991 issued by Ministry of Finance (Department of Economic Affairs), Government of India, w.e.f. August 23, 2022.
As per the Exchange records, no Authorised Persons are affiliated with the Trading Member, Stampede Capital Ltd.
Trading Members and Investors are advised to take note of the same.
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Usha Sharma
Senior General Manager
Inspection, Membership Compliance, and
Investor Service
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Abhijit Pai
Deputy General Manager
Membership Compliance and Investor Services
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