Notice No.   20240409-12   Notice Date   09 Apr 2024
Category   Settlement/RMS   Segment   General
Subject   Submission of Half yearly Networth Certificate as on March 31, 2024
Attachments   USER MANUAL.docx ; Annexures.docx ;

Attention of the clearing members is drawn to the requirement of submission of half yearly networth certificate as on March 31, 2024. All Clearing Members of Indian Clearing Corporation Limited (ICCL) as on March 31, 2024 who have selected ICCL as Designated Clearing Corporation are required to submit Networth certificate in the prescribed format to ICCL. 

Members are requested to adhere and comply with the applicable Networth i.e. higher of base networth or variable networth as stated in the SEBI gazette notification No. SEBI/LAD-NRO/GN/2022/73 dated February 23, 2022.

Details of the documents required to be submitted are mentioned in the attached Annexures. Clearing Members are hereby requested to submit networth certificate, computation of base networth and variable Networth as on March 31, 2024 as per formats (as applicable) prescribed by ICCL in Annexures latest by May 31, 2024.

Clearing Members are required to upload the necessary documents online through Electronic Filing system (IEFS). The path for submission of Networth Certificate is as below: >> Networth Certificate (Please refer annexure -User Manual)

Details regarding actions for non-compliance of the provisions of this notice are provided under attached Annexures.

In case of any queries Clearing Members may contact the following officials:

Name of Officials

Direct Line Number


Sneha Sahadevan


Praveen Poojary


G.V. Kumar



For and on behalf of Indian Clearing Corporation Ltd.

Anita Bhatia

General Manager