Description
BSE notifies that Trading Member Pawankumar Parmeshwarlal Choudhary (Member No. 550) has converted individual membership to corporate entity Pawan Parmeshwar Capital Pvt. Ltd., effective October 20, 2025.
Summary
BSE has notified that Trading Member 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 SEBI approval and will be effective from October 20, 2025.
Key Points
- Trading Member No. 550 converting from individual to corporate structure
- Individual member: Pawankumar Parmeshwarlal Choudhary
- New corporate entity: Pawan Parmeshwar Capital Pvt. Ltd.
- Member number remains unchanged (550)
- SEBI has approved the conversion
- Change effective from Monday, October 20, 2025
Regulatory Changes
No regulatory framework changes. This is an administrative notification regarding membership conversion permitted under existing SEBI and BSE regulations.
Compliance Requirements
Trading members should note the name change for their records. The member number (550) remains the same, facilitating continuity in counterparty identification and settlement processes.
Important Dates
- Notice Date: October 17, 2025
- Effective Date: October 20, 2025 (Monday)
Impact Assessment
Market Impact: None. This is a structural change affecting a single trading member’s organizational form.
Operational Impact: Minimal. The member number remains unchanged, ensuring continuity in trading operations, settlements, and counterparty relationships. Other trading members should update their records to reflect the new corporate entity name for Member No. 550.
Impact Justification
Administrative change affecting single trading member's organizational structure with no impact on market operations or other participants