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NOTICES
Notice No.   20230516-2   Notice Date   16 May 2023
Category   Others   Segment   General
Subject   Renewal of Broker Indemnity Insurance Policy
 
Content

All active Trading Members are requested to renew the Indemnity Insurance Policy with a minimum sum insured of Rs. 5 lakhs and submit the policy document and details on BEFS portal within 30 calendar days from the date of expiry of the valid indemnity insurance policy.

In case the renewed indemnity insurance policy document and details are not furnished within the stipulated timeframe, it would be treated as non-­compliance and late submission charges of Rs.100/- per day shall be levied till the date of uploading/submission of proof of valid indemnity insurance policy on BEFS portal. In this regard, please refer to notice no.20160729-6 dated July 29, 2016.

System generated alert emails are being sent to the Trading Members to submit the policy document and details through BEFS. In case the said details are submitted through BEFS, please ignore the alert mails.

Further, for any clarification on the subject matter of the notice, please email on membership.ops@bseindia.com

 

 

Johnson Chiriyath                                                                   Savita Deshmukh 

Additional General Manager                                                 Senior Manager

Membership Operations                                                        Membership Operations