Description
SYKES & RAY EQUITIES (INDIA) LTD. (Member No. 189) will cease to do business in Currency segment effective November 24, 2025 due to voluntary closure of business.
Summary
BSE has notified that SYKES & RAY EQUITIES (INDIA) LTD., a trading member with Member Number 189, will cease its business operations in the Currency segment effective November 24, 2025. This action is due to the member’s voluntary decision to close its business in this segment.
Key Points
- Trading member: SYKES & RAY EQUITIES (INDIA) LTD.
- Member Number: 189
- Segment affected: Currency segment only
- Reason: Voluntary closure of business
- Notice issued by: Jinesh Shah, Deputy Vice President, Membership Department
- Contact for clarifications: membership.ops@bseindia.com
Regulatory Changes
No regulatory changes. This is an administrative notification about a member’s voluntary business closure.
Compliance Requirements
Trading members are informed of this closure for their records. No specific compliance actions are required from other market participants.
Important Dates
- Notice Date: November 21, 2025
- Effective Date: November 24, 2025 (Monday) - SYKES & RAY EQUITIES (INDIA) LTD. will cease currency segment operations
Impact Assessment
This is a low-impact administrative notice affecting a single trading member’s operations in the currency segment. There is no broader market impact or changes to trading rules or procedures. Other market participants should be aware that this member will no longer be operating in the currency segment from the effective date.
Impact Justification
Administrative notice about a single trading member voluntarily closing their currency segment operations. Limited market-wide impact.