Maxposure Limited Appoints New Market Maker on NSE Emerge Platform
Maxposure Limited announced on March 25, 2026, that it is changing its Market Maker on the NSE Emerge Platform. The change involves the appointment of Nikunj Stock Brokers Limited in place of Giriraj Stock Broking Private Limited, effective March 30, 2026, and March 27, 2026, respectively.The company’s Board of Directors approved the appointment of Nikunj Stock Brokers Limited on March 12, 2026. The change is intended to enhance liquidity and market efficiency in the trading of the company's equity shares, and to ensure continued compliance with SEBI regulations and guidelines for the NSE Emerge Platform.
Giriraj Stock Broking Private Limited has confirmed it has no pending dues and has provided no objection to the appointment of the new Market Maker. Nikunj Stock Brokers Limited has confirmed its willingness to act as Market Maker and meets all eligibility criteria as prescribed under applicable SEBI regulations and Exchange requirements.
According to a Market Making Agreement, Nikunj Stock Brokers Limited will provide continuous two-way buy and sell quotes for at least 75% of the trading time and maintain a minimum quote depth of 71,000 shares. The Market Maker will be compensated a fee of ₹10,000 per month.
Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.