Description
NSE approves Balaji Equities Ltd.'s surrender of Currency Derivatives segment including IRF membership effective September 27, 2025.
Summary
The National Stock Exchange of India has approved the segmental surrender request of M/s Balaji Equities Ltd. (SEBI Registration Number: INZ000212839) for the Currency Derivatives segment including Interest Rate Futures (IRF). The surrender was approved on September 27, 2025.
Key Points
- Trading member: M/s Balaji Equities Ltd.
- SEBI Registration Number: INZ000212839
- Surrendered segment: Currency Derivatives segment including IRF
- Approval date: September 27, 2025
- Circular issued by Vijay Hemkar, Chief Manager, Compliance Department
Regulatory Changes
No regulatory framework changes. This is a routine administrative approval for a member’s voluntary surrender of trading rights in a specific segment.
Compliance Requirements
All NSE members are requested to take note of this segmental surrender. No specific action required from other members.
Important Dates
- September 27, 2025: Surrender approval date
- October 07, 2025: Circular issue date
Impact Assessment
Minimal market impact. This is an administrative notification regarding one trading member’s voluntary withdrawal from the Currency Derivatives segment. Other members should be aware that Balaji Equities Ltd. will no longer be active in currency derivatives trading on NSE.
Impact Justification
Routine administrative circular regarding single member's voluntary surrender of one trading segment. Limited market-wide impact as it affects only one member's trading permissions in currency derivatives.