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The Bangladesh Securities and Exchange Commission (BSEC) has extended the deadline for 11 market intermediaries to address provisioning shortfalls and adjust negative equity positions, offering temporary relief to firms under financial strain.

The decision was approved at the commission’s 986th meeting, chaired by BSEC Chairman Khondoker Rashed Maqsood. Officials said the extension was granted after reviewing each institution’s action plan for reducing deficits and managing unrealised losses.

The intermediaries receiving additional time are:
Fintra Securities, Sheltech Brokerage, Joytun Securities International, BDBL Investment Services, Hazrat Amanat Shah Securities, GMF Securities, Wifang Securities, BRB Securities, BNB Securities, BMSL Investment, and Midas Investment.

The move reflects ongoing stress among capital market intermediaries, following a similar extension earlier this month. Regulators say the goal is to ease pressure on firms while ensuring they move toward compliance with provisioning requirements.