Broker Updates · India INX
India INX expels Karvy Broking (IFSC) Limited
The exchange identifies member 5055 and makes the membership change effective from 12 November 2026.
By BrokerBazaar Editorial
- Announced
- 12 Nov 2026
- Effective
- 12 Nov 2026
- Published
- 15 Nov 2026
- Source checked
- 15 Nov 2026
Source checked means this notice was read at the official source. It is not an endorsement of any broker.
India International Exchange (IFSC) Limited has expelled Karvy Broking (IFSC) Limited from its membership with effect from 12 November 2026, according to exchange circular 20261112-3.
The notice identifies the entity by member code 5055 and IFSCA registration number INZ000213735. India INX says its action follows IFSCA's cancellation of the firm's certificate of registration through an order dated 21 May 2026.
The exchange asks investors to take note of the change. The announcement concerns the named IFSC entity and its India INX membership. The precise company name and identifiers should accompany any account or broker-status check.
For BrokerBazaar readers, the practical step is to check dated official records alongside any older directory entry. Readers seeking clarification on this notice can use the membership contact provided in the original exchange circular.
- Entity
- Karvy Broking (IFSC) Limited
- Member code
- 5055
- IFSCA registration
- INZ000213735
Source
India International Exchange (IFSC) Limited, circular 20261112-3, dated 12 Nov 2026.
Related notices
- India INX to discontinue SNX30 futures and options from 30 November · circular 20261112-2
- India INX announces changes to selected weekly and quarterly derivatives · circular 20261112-1