Relaxation in timeline to submit net worth certificate by Stock Brokers to offer margin trading facility to their clients

SEBI, vide its circular dated August 26, 2025, has relaxed and harmonized the timelines for submission of half-yearly net worth certificates by stock brokers offering margin trading facility. Instead of the earlier due dates (30 th April and 31 st October), brokers are now required to submit the auditor-certified net worth certificate within 60 days from March 31 (i.e., by May 31) and within 45 days from September 30 (i.e., by November 15) each year. This amendment, effective immediately, aligns the compliance timeline with financial results filing under SEBI (LODR) Regulations, 2015, and stock exchanges have been directed to amend their bye-laws and notify members accordingly.

Link: View Circular