Membership of Electronic Gold Receipt Segment
BSE notice 20260609-22 · 09 Jun 2026
Official title
Membership of Electronic Gold Receipt (EGR) segment of BSE
Official record
Open source pageSummary
Check the official recordWhat changed
BSE outlines the procedure for entities to obtain membership in the Electronic Gold Receipt (EGR) segment. New applicants must register under SEBI (Stockbrokers) Regulations, 2026, and maintain a net worth of 1 crore rupees. New members pay admission fees of 50,000 rupees and annual subscription fees of 1,00,000 rupees, plus GST. Applicants must also deposit Base Minimum Capital based on their trading category and pay a one-time SEBI registration fee of 50,000 rupees. Existing BSE trading members apply through the BEFS portal and incur no membership deposit, admission, or processing fees. Applicants must download the relevant application forms from the BSE website based on their current registration status.
What you must do
- New applicants must obtain registration under SEBI (Stockbrokers) Regulations, 2026.
- New applicants must pay admission fees, annual subscription fees, and SEBI registration fees.
Document text
NOTICE
| Notice No. | 20260609-22 |
|---|---|
| Notice Date | 09 Jun 2026 |
| Category | Others |
| Segment | EGR |
| Department | Membership Compliance |
| Subject | Membership of Electronic Gold Receipt (EGR) segment of BSE |
| Attachments | No Attachment |
This is with reference to the Exchange notice no. 20221003-22 dated October 03, 2022, regarding the Membership of Electronic Gold Receipt (EGR) segment of BSE.
The procedure for obtaining membership in the EGR segment is outlined below:
For New Applicants:
Any entity desirous of becoming an Exclusive Trading Member of the EGR segment shall obtain registration under the applicable provisions of SEBI (Stockbrokers) Regulations, 2026
a) Networth requirement for EGR segment:
| Segment | Trading Member (in Rs.) |
|---|---|
| Electronic Gold Receipt (EGR) | 1crore |
Exchanges Fees:
The following fees shall be applicable to new Trading Members seeking admission exclusively on EGR segment of the Exchange:
| Particulars | Amount |
|---|---|
| Admission fees * | Rs.50,000/- plus applicable GST |
| Annual Membership Subscription fees (collected every financial year) | Rs.1,00,000/- plus applicable GST |
*In case of existing Trading members, the above-mentioned fees shall not be chargeable while applying for EGR segment
d) Base Minimum Capital (BMC):
| Categories | BMC Deposit |
|---|---|
| a) Only Proprietary trading without Algorithmic trading (Algo) | 10 lakhs |
| b) Trading only on behalf of Client without Algorithmic trading (Algo) | 15 lakhs |
| c) Proprietary trading and trading on behalf of Client without Algorithmic trading (Algo) | 25 lakhs |
| d) Only Proprietary trading with Algorithmic trading (Algo) | 50 lakhs |
| e) Trading only on behalf of Client with Algorithmic trading (Algo) | 50 lakhs |
| F) Proprietary trading and trading on behalf of Client with Algorithmic trading (Algo) | 50 lakhs |
e) SEBI fees towards new registration in EGR segment
The below mentioned fee along with applicable GST shall be required to be paid by Trading Members directly to SEBI through /NEFT/RTGS
| EGR Segment | Trading Member (in Rs.) |
|---|---|
| One time Registration Fees | 50,000/- plus applicable GST |
The complete application forms, for procuring SEBI registration certificate in EGR segment (for applicants who are not member of any recognized Stock Exchange/Clearing Corporation) can be downloaded from the link- https://www.bseindia.com/downloads1/Application_Form_Booklet_Equity.zip
The complete application forms, for procuring registration in EGR segment for applicants who are registered member of any recognized Stock Exchange/Clearing Corporation can be downloaded from the link - https://www.bseindia.com/downloads1/Application_forms_Clearing_members_Recognised_stock_Exchanges.zip
For Existing Trading Members of the Exchange:
Existing Trading Members of the Exchange should submit application for admission in EGR segment through BEFS portal. User manual and Checklist documents can be downloaded from the link - https://www.bseindia.com/downloads1/Checklist_Documents_Additional_Segment_Registration.zip
- Charges:
| Particulars | Amount |
|---|---|
| Membership Deposit | Nil |
| Admission Fees | Nil |
| Processing Fees | Nil |
For any further clarifications, please contact below mentioned officials from Membership Operations Department.
| Name | Contact no. | Email ID |
|---|---|---|
| Amit Kadam | 022-22728010 | Membership.ops@bseindia.com |
| Nagrajan Mudaliar | 022-22728287 | |
| Prathamesh Saameal | 022-22725177 | |
| Rohan Gaonkar | 022-22725777 |
Amit Kadam
Assistant Vice President
Membership
Source details
- Source
- BSE Ltd (Bombay Stock Exchange)
- Type
- notice
- Published by source
- 09 Jun 2026
- Document number
- 20260609-22
- Issuing division
- Membership Compliance
- Coverage area
- securities