NSE circular on Mandatory Insurance Cover for FY 2026-27

[secmarkupdates]

Date of Issue: 19-05-2026

Highlights of  the NSE Circular:

Accordingly, Trading Members are advised to ensure that their Stock Brokers Indemnity Policy is in order for the FY 2026-27. Trading Members whose Stock Brokers Indemnity Policy is expiring on May 31, 2026 are required to submit the details for the same through ENIT on or before July 31, 2026. Further, trading members who hold Stock Brokers Indemnity Policy expiring on any date other than May 31, 2026 will be granted a period of one month from the expiry date to submit the details of renewed policy.

Trading Members are required to note that –

1. Submissions of details of Stock Brokers Indemnity Policy is required to be made only in electronic format through ENIT.
2. Procedure for submitting details of Stock Brokers Indemnity Policy in electronic format through ENIT is provided at Annexure I.
3. Trading Members opting for the Stock Brokers Indemnity Policy through ANMI and BBF need not submit the details of Stock Brokers Indemnity Policy through ENIT.
4. Failure to submit the details on ENIT within the prescribed timelines, would be treated as non-compliance and disciplinary actions shall be taken by the Exchange as stipulated in Annexure 1.3 of NSE circular ref no. NSE/INSP/73792 dated April 17, 2026.

Members are advised to take note of the above and ensure compliance.