Description
Navkar Share & Stock Brokers Pvt. Ltd. will cease operations in the Currency derivatives segment effective January 12, 2026 due to voluntary closure of business.
Summary
BSE has notified trading members that Navkar Share & Stock Brokers Pvt. Ltd. (Member No. 111) will voluntarily cease business operations in the Currency derivatives segment effective Monday, January 12, 2026. This is a voluntary closure initiated by the member.
Key Points
- Navkar Share & Stock Brokers Pvt. Ltd. (Member No. 111) is closing operations voluntarily
- Closure applies to Currency derivatives segment only
- Effective date: Monday, January 12, 2026
- Contact email for clarifications: membership.ops@bseindia.com
Regulatory Changes
No regulatory changes. This is an operational notice regarding a member’s voluntary business closure.
Compliance Requirements
No compliance requirements for other trading members. This is an informational notice only.
Important Dates
- Notice Date: January 9, 2026
- Effective Date: January 12, 2026 - Navkar Share & Stock Brokers Pvt. Ltd. ceases currency derivatives operations
Impact Assessment
Minimal market impact. This affects only one trading member’s voluntary exit from the currency derivatives segment. Other trading members are simply being informed of this closure for awareness purposes. No action required from other market participants.
Impact Justification
Voluntary closure of a single trading member in currency derivatives segment with minimal market-wide impact