Description
Rikhav Securities Ltd ceases currency derivative segment operations due to voluntary business closure effective August 04, 2025.
Summary
Rikhav Securities Ltd (Member No. 3174) has voluntarily ceased operations in the Currency derivative segment effective August 04, 2025. This is a business closure decision by the member firm.
Key Points
- Rikhav Securities Ltd (Member No. 3174) ceases currency derivative operations
- Effective date: August 04, 2025
- Reason: Voluntary closure of business
- Contact for clarifications: membership.ops@bseindia.com
Regulatory Changes
No regulatory changes - this is a member business decision.
Compliance Requirements
Trading members are informed of the cessation. No specific compliance actions required for other members.
Important Dates
- August 04, 2025: Effective date of business cessation
Impact Assessment
Minimal market impact as this affects only one member’s operations in currency derivatives. Other trading members and market operations remain unaffected.
Impact Justification
Single member voluntary closure with limited market impact