Description
Rikhav Securities Limited replaces Aftertrade Broking Private Limited as Market Maker for Davin Sons Retail Limited effective December 26, 2025.
Summary
BSE has announced a change in the Market Maker for Davin Sons Retail Limited (Scrip Code: 544331). Aftertrade Broking Private Limited (Clearing Number 6669) will cease to act as Market Maker, and Rikhav Securities Limited (Clearing Number 3174) will assume this role effective December 26, 2025.
Key Points
- Aftertrade Broking Private Limited (Clg. No. 6669) will no longer act as Market Maker for Davin Sons Retail Limited
- Rikhav Securities Limited (Clg. No. 3174) appointed as new Market Maker
- Change effective from December 26, 2025
- Company has entered into agreement with new Market Maker to comply with duties and obligations of Market Making
- Applicable to SLB (Securities Lending and Borrowing) segment
Regulatory Changes
No regulatory framework changes. This is an administrative change in Market Maker designation for a specific security.
Compliance Requirements
- Rikhav Securities Limited must comply with all duties and obligations of Market Making for Davin Sons Retail Limited
- Trading members should note the change in Market Maker for this scrip
Important Dates
- Notice Date: December 24, 2025
- Effective Date: December 26, 2025 - Rikhav Securities Limited begins acting as Market Maker
Impact Assessment
Market Impact: Low - This is a routine administrative change affecting only one security (Scrip Code: 544331). Market making continuity is maintained through the appointment of the new Market Maker.
Operational Impact: Minimal - Trading members dealing with Davin Sons Retail Limited should be aware of the new Market Maker but no operational changes are required on their part.
Impact Justification
Administrative change of market maker for a single security with minimal market-wide impact