Description
BSE announces monthly reconstitution of IPO and SME IPO indices with multiple stock drops effective August 18, 2025.
Summary
BSE Index Services Private Limited announces monthly reconstitution results for BSE IPO and BSE SME IPO Indices, with 12 stocks being dropped from these indices effective August 18, 2025.
Key Points
- Monthly reconstitution of BSE IPO and BSE SME IPO Indices announced
- 6 stocks dropping from BSE IPO Index: Sanstar Limited, Akums Drugs and Pharmaceuticals Limited, Ceigall India Limited, Ola Electric Mobility Limited, Brainbees Solutions Limited, Unicommerce Esolutions Limited
- 6 stocks dropping from BSE SME IPO Index: Aelea Commodities Limited, Three M Paper Boards Limited, Vvip Infratech Limited, Clinitech Laboratory Limited, Kizi Apparels Limited, Afcom Holdings Limited
- Changes included in end-of-day corporate action file (*.SDE)
Regulatory Changes
No regulatory changes - this is a routine monthly index maintenance activity.
Compliance Requirements
No specific compliance requirements for market participants beyond awareness of index composition changes.
Important Dates
- August 18, 2025: Effective date for all reconstitution changes at market open
Impact Assessment
Medium impact on index-tracking funds and ETFs that will need to adjust portfolios. Passive funds tracking these indices will sell positions in dropped stocks, potentially affecting stock prices and liquidity for the affected securities.
Impact Justification
Regular monthly index reconstitution affecting multiple stocks across IPO and SME segments