More Stories

Informist, Monday, Apr. 13, 2026

 

NEW DELHI – The Association of NSE Members of India Monday said Kamlesh Shroff has taken charge as its national president from Apr. 1. The association represents more than 800 stockbrokers across the country. Shroff has outlined a five-point manifesto for the financial year 2026-27 (Apr-Mar), the association said in a press release.

 

"For 2026-27, our focus will be firmly anchored in a 5-point manifesto that puts members at the centre, strengthens ANMI's (the association's) policy voice, expands our international presence, supports product innovation with exchanges, and reinforces our commitment to investor education," Shroff said in a statement.

 

Shroff has five priority areas for the year, according to the press release. First is a member-driven agenda that will focus on ensuring that brokers have a stronger institutional voice in shaping operational, regulatory, and market-development priorities. Second is the international outreach agenda, which can improve visibility for Indian intermediaries, support cross-border capital flows, encourage adoption of global best practices, and strengthen India's positioning as a deeper, more globally connected financial market.

 

Third on the agenda is advocacy with policymakers and regulators such as the Ministry of Finance, the Securities and Exchange Board of India, and the Reserve Bank of India to focus on reforms like optimum weekly expiry days, co-location in commodity markets, optimising taxes like the securities transaction tax and commodity transaction tax, and improving participation in different asset classes.

 

The agenda also includes working with exchanges on new products such as freight futures and weather indices to deepen liquidity in under-penetrated segments. The final point on the agenda is to improve investor education. The association's investor education pillar should align with steps taken by SEBI, which has implemented verified labels for stock trading apps and rolled-out an artificial intelligence-driven calling campaign to promote the SEBI check tools and validate Unified Payments Interface handles. Investor protection should work on initiatives such as avoiding misuse of dormant and nil-balance dematerialised accounts, permanent account numbers, and know-your-customer norms, Shroff said.  End

 

Reported by Astha Oriel 

Edited by Rajeev Pai

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (11) 4220-1000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2026. All rights reserved.