First National Equities Limited ka broker’s license cancel kar diya gaya hai jo Trading & Self Clearing Broker ki category mein allocated tha. Yeh faisla Securities Broker’s (Licensing & Operations) Regulations, 2016 ke mutabiq liya gaya hai. Company ki taraf se 2025 ke liye renewal application submit nahi ki gayi thi, jo is cancellation ka sabab bani.

Is ke ilawa, company ne public ko inform kiya tha ke wo apni broker’s license ki category conversion ki application submit kar chuki hai, jis me wo apni existing category se Trading Only Broker Category mein conversion chahti thi. Is application ka approval abhi tak intezaar mein hai, is liye renewal application concerned authorities ko nahi di gayi thi.

Company ko apni category conversion application ke approval ki ummed hai, jo prevailing laws aur regulations ke mutabiq submit ki gayi thi.