Description
BSE adds Shanti Gold International to BSE IPO index and Shree Refrigerations and Patel Chem Specialities to BSE SME IPO index following their listings.
Summary
BSE announces the addition of three newly listed companies to their respective indices. Shanti Gold International Limited will be added to the BSE IPO index, while Shree Refrigerations Limited and Patel Chem Specialities Limited will be added to the BSE SME IPO index following their successful listings.
Key Points
- Shanti Gold International Limited (Exchange ticker: 544459) listed on BSE effective August 1, 2025
- Company will be added to BSE IPO index effective August 5, 2025
- Shree Refrigerations Limited (Exchange ticker: 544458) and Patel Chem Specialities Limited (Exchange ticker: 544460) listed on BSE SME platform effective August 1, 2025
- Both SME companies will be added to BSE SME IPO index effective August 4, 2025
- Changes included in end-of-day corporate action file (*.SDE)
Regulatory Changes
No regulatory changes announced. This is a routine index maintenance activity following new company listings.
Compliance Requirements
No specific compliance requirements for market participants. Index tracking funds and investors may need to adjust portfolios to reflect index composition changes.
Important Dates
- August 1, 2025: Effective listing date for all three companies
- August 4, 2025: SME companies added to BSE SME IPO index at market open
- August 5, 2025: Shanti Gold International added to BSE IPO index at market open
Impact Assessment
Moderate impact on index tracking funds and passive investment strategies that follow these indices. The additions will require portfolio rebalancing for funds tracking the BSE IPO and BSE SME IPO indices. Market participants should note the staggered effective dates for index inclusion.
Impact Justification
Index additions affect tracking funds and investor portfolios but are routine operational updates