BSE notified regarding Charges for not uploading the IML/BOLT TWS/BOLT PLUS Location information for April 2023

May 12, 2023 | by TeamLease RegTech Legal Research Team

Free Legal updates for the week 00


Secretarial ComplianceThe Bombay Stock Exchange (BSE) on May 11, 2023, issued a notification regarding Charges for not uploading the IML/BOLT TWS/BOLT PLUS Location information for the month of April 2023.

The following has been stated namely: -

• The Exchange has been downloading a file LCddmmyy.xxxx through Extranet on a daily basis, containing information regarding terminal locations, which are not registered or are incorrectly registered and orders have been punched from those locations. 

• The location codes attract charges of Rs 100/- per day per terminal on placing the order from these terminals.

• The charges file for the month of April 2023 has been downloaded with the file-name LCSmmyy.xxxx (LCS0423.xxxx for April 2023) in today’s EQUITY TRANSACTION FOLDER in Extranet. 

• The charges as indicated in the LCS file would be debited to the General Charges Account.

• The Trading members are advised to ensure strict compliance and upload the IML/BOLT TWS/BOLT PLUS terminal location details to the Exchange before punching the orders from the said location.

 

[Notification No. 20230511-1]


Bookmark

Related Updates



Alternate Text

Get updates on the go on RegUpdate Mobile App.

NEW  ·  AI ASSISTANT