Description

BSE announces application for membership surrender by Jeevan Utsav Capital Private Limited with 15-day objection period ending September 17, 2025.

Summary

BSE has received an application from Jeevan Utsav Capital Private Limited (Member no. 6770) for surrender of their exchange membership. Trading members have a 15-day period to raise objections to this surrender application.

Key Points

  • Jeevan Utsav Capital Private Limited (Member no. 6770) has applied for membership surrender
  • Application made as per BSE Rules, Bye-laws and Regulations
  • 15-day objection period for trading members
  • Any objections must be submitted in writing to Membership department

Regulatory Changes

No regulatory changes involved - this is a standard membership surrender process.

Compliance Requirements

  • Trading members with objections must inform Membership department in writing within 15 days
  • Objections must be submitted by September 17, 2025
  • Contact membership.ops@bseindia.com for clarifications

Important Dates

  • Notice Date: September 3, 2025
  • Objection Deadline: September 17, 2025 (15 days from notice date)

Impact Assessment

Minimal market impact as this is a routine membership administrative process. The surrender will reduce the number of active trading members on BSE by one entity, but does not affect trading operations or market structure significantly.

Impact Justification

Routine membership surrender process with limited market impact