Description
NSE approves surrender of Currency and IRF Segment membership by Pravin Ratilal Share and Stock Brokers Ltd effective January 1, 2026.
Summary
The National Stock Exchange of India has approved the request of Pravin Ratilal Share and Stock Brokers Ltd (SEBI Registration Number: INZ000206732) to surrender its membership in the Currency and IRF (Interest Rate Futures) Segment. The surrender was approved on January 1, 2026.
Key Points
- Trading member: Pravin Ratilal Share and Stock Brokers Ltd
- SEBI Registration Number: INZ000206732
- Surrendered segments: Currency and IRF Segment
- Surrender approval date: January 1, 2026
- Department: Compliance
- Circular reference: 01/2026
Regulatory Changes
No regulatory changes introduced. This is a member-specific administrative action.
Compliance Requirements
All NSE members are requested to take note of this segmental surrender. No specific compliance actions are required from other members.
Important Dates
- January 1, 2026: Surrender approval date for Currency and IRF Segment membership
Impact Assessment
This is a routine administrative matter with minimal market impact. The surrender affects only one trading member’s participation in specific segments (Currency and IRF). There is no broader market operational impact or implications for other members. This type of segmental surrender is part of normal membership management activities at the exchange.
Impact Justification
Routine administrative action affecting a single member's segmental access without broader market impact