The Bombay Stock Exchange (BSE) on October 03, 2024, notified regarding the Restriction on use of certain words by Trading Member/Authorized Person in their name.
The following has been stated:
• It had advised Members to change their name or the name of their registered Authorized Persons if it contained restricted words indicating a role for which the entity is not registered. This change was required to be made with the Registrar of Companies (ROC)/Registrar of Firms (ROF) and updated in Exchange records by September 30, 2024.
• The timeframe for changing their name with ROC/ROF and updating it in Exchange records has been extended up to October 31, 2024.
[Notification No 20241003-33]