Description
BSE notifies the conversion of individual membership of Pawankumar Parmeshwarlal Choudhary to corporate entity Pawan Parmeshwar Capital Pvt. Ltd., effective October 20, 2025.
Summary
BSE has informed all trading members that Pawankumar Parmeshwarlal Choudhary (Member No. 550) has successfully converted his individual membership into a corporate entity named “Pawan Parmeshwar Capital Pvt. Ltd.” (Member No. 550). This conversion has received approval from SEBI and will be effective from October 20, 2025.
Key Points
- Individual member Pawankumar Parmeshwarlal Choudhary (Member No. 550) converted to corporate membership
- New corporate entity name: Pawan Parmeshwar Capital Pvt. Ltd.
- Member number remains unchanged: 550
- SEBI has approved the conversion
- Name change is effective from Monday, October 20, 2025
Regulatory Changes
No regulatory changes introduced. This is an administrative notification regarding membership conversion as per existing SEBI regulations allowing conversion of individual memberships to corporate entities.
Compliance Requirements
No specific compliance requirements for other trading members. This is an informational circular about a specific member’s conversion from individual to corporate membership structure.
Important Dates
- Notice Date: October 17, 2025
- Effective Date: Monday, October 20, 2025
Impact Assessment
This is a routine administrative change with minimal market impact. The conversion from individual to corporate membership structure is a procedural matter affecting only the specific member. The member number remains the same (550), ensuring continuity in trading operations. No disruption to market operations or impact on other trading members is expected.
Impact Justification
Administrative change involving conversion of individual membership to corporate entity with no impact on trading operations or market participants beyond the specific member.