Description
Essex Marine Limited equity shares will be transferred from MT Group (Trade for Trade) to M Group (Rolling segment) effective August 26, 2025.
Summary
BSE has announced that Essex Marine Limited (Scrip Code: 544475) equity shares will be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective August 26, 2025. This follows a previous notice dated August 8, 2025.
Key Points
- Company: Essex Marine Limited (Scrip Code: 544475)
- Current segment: Trade for Trade (MT Group)
- New segment: Rolling segment (M Group)
- Effective date: Tuesday, August 26, 2025
- SME category stock
Regulatory Changes
The stock will transition from restricted trading (Trade for Trade) to normal rolling settlement, allowing for more flexible trading arrangements.
Compliance Requirements
Trading members should note the segment change and adjust their trading systems accordingly. Contact Mr. Anurag Jain (022 2272 8822) for technical queries.
Important Dates
- Notice Date: August 11, 2025
- Effective Date: August 26, 2025
- Previous Related Notice: August 8, 2025
Impact Assessment
Positive impact for Essex Marine Limited as the move from Trade for Trade to Rolling segment typically indicates improved liquidity prospects and reduced trading restrictions. This change should facilitate better price discovery and trading volumes for the stock.
Impact Justification
Segment transfer affects trading mechanics but is routine administrative change for SME stock