Description
BSE admits Sunil Rajkumar Khandelwal (B M Securities) as a new Trading Member in the Debt segment effective December 29, 2025.
Summary
BSE has admitted Sunil Rajkumar Khandelwal (B M Securities) as a Trading Member with trading rights exclusively on BSE Ltd in the Debt segment. The admission was effective December 29, 2025, and is subject to BSE’s Rules, Bye-laws and Regulations.
Key Points
- New Trading Member: Sunil Rajkumar Khandelwal operating as B M Securities
- Member Number: 6974
- Trading Segment: Debt
- Membership Type: New Membership
- Trading rights limited to BSE Ltd only
- Admission subject to Exchange Rules, Bye-laws and Regulations
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
No specific compliance requirements for existing trading members. This is an informational notice regarding the expansion of BSE’s trading member base.
Important Dates
- December 29, 2025: Effective date of admission as Trading Member
- December 31, 2025: Notice date
Impact Assessment
This is a routine administrative action with minimal market impact. The admission of a new trading member in the debt segment expands BSE’s participant base but does not affect existing trading operations, market structure, or regulatory requirements for current members. Trading members requiring clarification can contact membership.ops@bseindia.com.
Impact Justification
Routine administrative notice regarding admission of a single new trading member in debt segment with limited market-wide impact