Dated: 10th January 2007




Members are hereby informed that the Exchange has received a letter from SEBI Ref. No. MIRSD/DR-1/MK/AJS/83260/2006 Dated 28th December,2006. The contents of the letter are given here under for information of the members.



Dy. General Manager

Market Intermediaries Regulations &                                      

Supervision Department                  


December 28, 2006


The Executive Directors/ Managing Directors/

Administrators of All stock Exchanges


Dear Sir,


Sub: Payment of fees by Stock Brokers


This has reference to SEBI circular number MIRSD/DR-1/FC/Cir-15/2006 dated September 29,2006 wherein the stock exchanges were inter alia advised to collect fee from October 01.2006 and remit the same to SEBI starting from January 05,2007 & thereafter by the fifth working day of the following calendar month.


It has been represented by the Stock Exchanges that the development and testing of software may

require  some more time . In view of the difficulties being faced by the Stock Exchanges with regard to the same, it has now been decided to extend the date of first remittance to SEBI from January 05,2007 to February 05,2007


Thus, first such remittance shall be made for the period October 01,2006 to January 31,2007 latest by February 05,2007 and thereafter by the fifth working day of the following  calendar month as specified in clause 5(2) of Schedule 111 A of SEBI (Stock Brokers and Sub Brokers )

(Third Amendment) Regulations 2006


Yours faithfully,


Manoj Kumar