Description
Navkar Share & Stock Brokers Pvt. Ltd. will cease operations in the Currency derivative segment effective January 12, 2026.
Summary
BSE has announced that Navkar Share & Stock Brokers Pvt. Ltd. (Member No. 111) will cease business operations in the Currency derivative segment effective January 12, 2026, due to voluntary closure of business.
Key Points
- Navkar Share & Stock Brokers Pvt. Ltd. is voluntarily closing its Currency derivative segment operations
- Member Number: 111
- Effective date: Monday, January 12, 2026
- Notice issued by: Amit Kadam, Assistant Vice President, Membership Department
Regulatory Changes
No regulatory changes. This is a member-specific business closure notification.
Compliance Requirements
Trading members are informed of this closure for their awareness. Members with queries should contact BSE at membership.ops@bseindia.com.
Important Dates
- Notice Date: January 9, 2026
- Effective Date: January 12, 2026 (Monday)
Impact Assessment
This is a routine business closure notification for a single member firm in the Currency derivative segment. The impact is limited to the specific member and their clients. No broader market implications are expected.
Impact Justification
Single broker ceasing operations in currency derivatives segment; minimal market-wide impact