Description

BSE announces voluntary closure of business operations for member broker effective July 31, 2025.

Summary

BSE has announced the voluntary closure of business operations for Jamnadas Virji Shares & Stock Brokers Pvt. Ltd. (Member No. 339) in equity derivative segments, effective July 31, 2025.

Key Points

  • Member broker voluntarily ceasing operations
  • Closure affects equity derivative segments only
  • Effective date: July 31, 2025
  • Member number: 339

Regulatory Changes

No regulatory changes - this is a business closure notification.

Compliance Requirements

Trading members are informed of the closure for awareness purposes. No specific compliance actions required.

Important Dates

  • July 31, 2025: Effective date of business closure

Impact Assessment

Minimal market impact as this involves a single broker’s voluntary business closure. Other market participants remain unaffected.

Impact Justification

Single broker closure with limited market impact