Description

Essex Marine Limited equity shares to be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective August 26, 2025.

Summary

BSE announces the transfer of Essex Marine Limited’s equity shares from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective August 26, 2025. This change follows a previous notice dated August 8, 2025.

Key Points

  • Essex Marine Limited (Scrip Code: 544475) shares will move from MT Group to M Group
  • Transfer effective from Tuesday, August 26, 2025
  • Company operates in SME segment
  • Contact person: Mr. Anurag Jain (022 2272 8822)

Regulatory Changes

Trading mechanism change from Trade for Trade basis to Rolling settlement for Essex Marine Limited shares.

Compliance Requirements

Trading members must note the segment change and adjust their trading operations accordingly for Essex Marine Limited shares.

Important Dates

  • August 26, 2025: Effective date for group transfer from MT to M Group

Impact Assessment

The transfer from Trade for Trade to Rolling segment will improve liquidity and ease of trading for Essex Marine Limited shares, allowing for more flexible trading arrangements compared to the restrictive Trade for Trade mechanism.

Impact Justification

Segment transfer affects trading mechanism for company shares but is routine operational change