Samuhik Prativedan Manch for Stock Brokers

PR No.43/2025 Samuhik Prativedan Manch for Stock Brokers SEBI encourages a regulatory framework that is simple, transparent, and cost-effective resulting in ease of doing business for the intermediaries and in turn ease of doing investments for investors. Streamlining and rationalising the compliance reporting is a key measure for achieving ease of doing business.

Towards this end, SEBI and Stock exchanges have now introduced a technology based common reporting mechanism (Samuhik Prativedan Manch) offered by NSE for stock brokers to submit their compliance reports. Stock brokers who are registered with multiple stock exchanges are currently required to submit compliance reports at all the Exchanges with which they are registered. They will now be able to submit compliance reports to the Samuhik Prativedan Manch at one exchange instead of multiple exchanges.

The Samuhik Prativedan Manch will eliminate the requirement to submit compliance reports to multiple exchanges where a stock broker is registered. This is expected to substantially reduce stock brokers' compliance costs. The mechanism would be implemented in a phased manner with submission of 40 compliance reports in the first phase being implemented under Samuhik Prativedan Manch with effect from August 01,

2025. As a result, close to a thousand stock brokers (approximately 990) who have multiple membership with NSE and other stock exchanges would benefit from this initiative.

Page 1 of 2The later phases will standardise the remainder of the document submissions and encompass them in this centralised reporting platform, across the remainder of the brokers including Commodity brokers.

Mumbai July 21, 2025 Page 2 of 2