Notice No20200916-52Notice Date16 Sep 2020
SubjectSubmission of undertaking pursuant to Standard Operating Procedure in the cases of Trading Member/Clearing Member leading to default


This has reference to SEBI circular no. SEBI/HO/MIRSD/DPIEA/CIR/P/2020/115 dated July 01, 2020, Exchange notice 20200702-43 dated July 02, 2020, Exchange notice 20200907-42 dated September 07, 2020, Exchange notice 20200914-54 dated September 14, 2020 on the subject “Standard Operating Procedure in the cases of Trading Member /Clearing Member leading to default”.


Members are advised to submit the said undertaking which is now made available on BEFS. The path for submitting the undertaking is as below:


BEFS >> Enhance Supervision >> Undertaking cum Indemnity Bond upload


The undertaking needs to be submitted on or before the due date i.e. September 30, 2020.


The undertaking is attached as Annexure A and the user manual for submitting the undertaking is attached as Annexure B.


All members are requested to take note of the same and comply.


In case of any queries/clarifications, you may contact us on the below nos.


Name of the Official

Contact Nos.

Email Id

Tushar Shetty

022-2272 8217

Prakash Ananthanarayanan

022-2272 8895

Prashant Sindhwad

022-2272 8460

Ashwin Lalchandani

022-2272 5185



For and on behalf of BSE Ltd.



Kiran Sawant

Asst. Gen. Manager

Broker Supervision

Annexure A.docx
Annexure B.pdf