Description
Stable Broking Private Limited (Member No. 6829) will cease operations in Debt and OBPP segments effective November 27, 2025.
Summary
BSE has notified trading members that Stable Broking Private Limited (Member No. 6829) will voluntarily cease business operations in the Debt and OBPP (Odd Lot, Book Closure, Buyback and Position Transfer) segments effective November 27, 2025. This is an administrative closure with no regulatory action involved.
Key Points
- Stable Broking Private Limited holds BSE Member No. 6829
- Voluntary closure applies to Debt and OBPP segments only
- Effective date: November 27, 2025 (Thursday)
- No trading activity will be permitted from the effective date
- Contact point: membership.ops@bseindia.com for clarifications
Regulatory Changes
No regulatory changes introduced. This is a routine administrative notification of voluntary business closure by a trading member.
Compliance Requirements
- Trading members should note the cessation of Stable Broking Private Limited’s operations in specified segments
- Any pending transactions or settlements with the member should be completed before the effective date
- Members requiring clarifications should contact the Membership Department at the provided email
Important Dates
- Notice Date: November 26, 2025
- Effective Date: November 27, 2025 (Thursday) - Cessation of business in Debt and OBPP segments
Impact Assessment
Market Impact: Minimal. This is a voluntary closure of a single trading member’s operations in specific segments (Debt and OBPP). The closure does not affect equity trading or broader market operations.
Operational Impact: Limited to counterparties who have direct business relationships with Stable Broking Private Limited in the Debt and OBPP segments. Other trading members should ensure no pending obligations with this member.
Segment Impact: Affects only Debt and OBPP segments, with no impact on equity or derivative segments.
Impact Justification
Administrative notice regarding voluntary closure of a single trading member with limited market-wide impact, affecting only Debt and OBPP segments.