The National Stock Exchange (NSE) on September 26, 2024, issued the notification regarding the Submission of Half Yearly Networth Certificate as on September 30, 2024.
The following has been stated namely: -
• The Half Yearly Networth Certificate as on September 30, 2024 shall be submitted on ENIT by November 30, 2024
• The members who have availed approval for offering margin trading facility have to submit the net worth certificate in the format prescribed for them on or before October 31, 2024
• In case the reported Networth is less than the minimum Networth required or reported Networth has a variation of 25% or more as compared to the last reported half yearly Networth, members are required to mention the reason for the same when submitting the same on ENIT
• Non-submission of Networth certificate within the due date or in case of any shortfall, failure to submit a revised Networth certificate along with the original Networth certificate as on September 30, 2024, shall result in immediate withdrawal of trading rights/margin trading facility
• The Networth requirements, method of computation and formats regarding Half-Yearly Networth Submission have been attached to Annexure I.
[Notification No. NSE/COMP/64159]
