Description
SYKES & RAY EQUITIES (INDIA) LTD. (Member No. 189) will cease operations in the Currency segment effective November 24, 2025 due to voluntary business closure.
Summary
BSE has notified trading members that SYKES & RAY EQUITIES (INDIA) LTD. (Member No. 189) will voluntarily cease operations in the Currency segment effective November 24, 2025. This closure is voluntary and affects only the currency trading segment.
Key Points
- SYKES & RAY EQUITIES (INDIA) LTD. holds membership number 189
- Voluntary closure applies to Currency segment only
- Effective date: Monday, November 24, 2025
- Trading members are informed for awareness
- Contact: membership.ops@bseindia.com for clarifications
Regulatory Changes
No regulatory changes. This is an administrative notification regarding a member’s voluntary business closure.
Compliance Requirements
No specific compliance requirements for other trading members. This is an informational notice.
Important Dates
- Notice Date: November 21, 2025
- Effective Date: November 24, 2025 - SYKES & RAY EQUITIES (INDIA) LTD. ceases currency segment operations
Impact Assessment
Market Impact: Minimal. This affects only one trading member’s voluntary exit from the currency segment and does not impact overall market operations or other participants.
Operational Impact: No operational changes required for other trading members. This is purely informational regarding one member’s business decision to exit the currency trading segment.
Impact Justification
Affects only one trading member's voluntary exit from currency segment; no broader market impact or regulatory changes