Description
Navkar Share & Stock Brokers Pvt. Ltd. will cease business in Currency derivative segment effective January 12, 2026 due to voluntary closure.
Summary
BSE has notified trading members that Navkar Share & Stock Brokers Pvt. Ltd. (Member No. 111) will cease operations in the Currency derivative segment effective January 12, 2026, due to voluntary closure of business.
Key Points
- Navkar Share & Stock Brokers Pvt. Ltd. (Member No. 111) is voluntarily closing business
- Cessation applies to Currency derivative segment only
- Effective date: Monday, January 12, 2026
- Trading members have been notified of the closure
Regulatory Changes
No regulatory changes introduced. This is a notification of a member’s voluntary business closure.
Compliance Requirements
No specific compliance requirements for other members. This is an informational notice regarding one member’s exit from the currency derivatives segment.
Important Dates
- January 9, 2026: Notice date
- January 12, 2026: Effective date of business cessation in currency derivatives segment
Impact Assessment
Minimal market impact expected. This represents a single trading member’s voluntary exit from the currency derivatives segment. Other market participants and trading operations remain unaffected. For clarifications, members can contact membership.ops@bseindia.com.
Impact Justification
Routine notification of single member's voluntary exit from currency derivatives segment with minimal market impact