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 that SYKES & RAY EQUITIES (INDIA) LTD., a trading member with Member No. 189, will voluntarily cease doing business in the Currency segment effective November 24, 2025. This is a voluntary closure initiated by the member firm.
Key Points
- Trading member: SYKES & RAY EQUITIES (INDIA) LTD.
- Member Number: 189
- Affected segment: Currency segment only
- Reason: Voluntary closure of business
- Contact for clarifications: membership.ops@bseindia.com
Regulatory Changes
No regulatory changes. This is an administrative notification of a member’s voluntary business closure.
Compliance Requirements
No specific compliance requirements for other trading members. This is an informational notice only.
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
Minimal market impact. This affects only one trading member’s operations in the currency segment. Other trading members and market participants are not required to take any action. The notice serves as an informational update to the exchange’s membership base.
Impact Justification
Routine notification of a single trading member voluntarily ceasing currency segment operations. Limited market-wide impact.