Description
Swastika Castal Ltd shares to be transferred from Trade for Trade segment to Rolling segment effective August 11, 2025.
Summary
BSE has announced that equity shares of Swastika Castal Ltd (Scrip Code: 544452) will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment (M Group) effective August 11, 2025. This change allows normal trading instead of restrictive trade-for-trade settlement.
Key Points
- Company: Swastika Castal Ltd (Scrip Code: 544452)
- Current segment: Trade for Trade segment (MT Group)
- New segment: Rolling segment (M Group)
- Effective date: Monday, August 11, 2025
- This is a continuation of previous notice dated July 26, 2025
Regulatory Changes
The trading mechanism will change from Trade for Trade (where each trade must be settled individually) to Rolling settlement (normal T+1 settlement cycle), allowing improved liquidity and normal trading conditions.
Compliance Requirements
Trading members should note the change in trading segment and adjust their systems accordingly. For queries, contact Mr. Parag Jain at 022 2272 8685.
Important Dates
- August 11, 2025: Effective date for segment transfer
- July 26, 2025: Date of previous related notice
- July 28, 2025: Current notice date
Impact Assessment
Positive impact for shareholders as the stock moves from restrictive Trade for Trade segment to normal Rolling segment, potentially improving liquidity and trading volumes. This change typically indicates improved compliance or financial health of the company.
Impact Justification
Positive change from restrictive Trade for Trade to normal Rolling segment improves liquidity