Description

Dexif Security Broking Private Limited (Member No. 6901) will cease operations in Cash, Debt, and Electronic Gold Receipt segments effective May 12, 2026, due to voluntary closure of business.

Summary

BSE has notified trading members that Dexif Security Broking Private Limited (Member No. 6901) will voluntarily cease business operations across the Cash, Debt, and Electronic Gold Receipt (EGR) segments effective Tuesday, May 12, 2026.

Key Points

  • Dexif Security Broking Private Limited (Member No. 6901) is voluntarily closing its business.
  • Cessation of operations applies to Cash, Debt, and Electronic Gold Receipt segments.
  • Effective date of closure: Tuesday, May 12, 2026.
  • Notice issued by the Membership & Compliance Department of BSE.

Regulatory Changes

No regulatory changes introduced. This is an administrative notice informing the market of a member’s voluntary exit from BSE operations.

Compliance Requirements

  • Trading members and clients dealing with Dexif Security Broking Private Limited should make alternative arrangements for trading and settlement before May 12, 2026.
  • For clarifications, contact BSE Membership Department at: membership.ops@bseindia.com.

Important Dates

  • May 11, 2026: Notice issued by BSE.
  • May 12, 2026 (Tuesday): Effective date of cessation of business for Dexif Security Broking Private Limited across all applicable segments.

Impact Assessment

The impact is limited to clients and counterparties of Dexif Security Broking Private Limited. The broader market is unaffected. Clients of this broker should ensure open positions are transferred or closed and future trading arrangements are made with another registered member prior to the effective date.

Impact Justification

Routine voluntary closure of a single broker member with no systemic market impact; relevant only to clients of Dexif Security Broking Private Limited.