Description
BSE announces transfer of Essex Marine Limited shares from Trade for Trade segment to Rolling segment effective August 26, 2025.
Summary
BSE has announced that equity shares of Essex Marine Limited (Scrip Code: 544475) will be transferred from Trade for Trade segment (MT Group) to Rolling segment effective August 26, 2025. This change will shift the company’s dealings under M Group.
Key Points
- Company: Essex Marine Limited
- Scrip Code: 544475
- Current segment: Trade for Trade segment (MT Group)
- New segment: Rolling segment (M Group)
- Effective date: Tuesday, August 26, 2025
- Listed on SME segment
Regulatory Changes
Transfer from restrictive Trade for Trade segment to more liquid Rolling segment, allowing for normal trading operations with settlement cycles.
Compliance Requirements
Trading members should note the segment change and adjust their trading systems accordingly. Contact Mr. Anurag Jain (022 2272 8822) for further details.
Important Dates
- August 26, 2025: Effective date for segment transfer
- August 8, 2025: Referenced previous notice date
Impact Assessment
Positive impact for Essex Marine shares as transfer to Rolling segment typically improves liquidity and reduces trading restrictions compared to Trade for Trade segment.
Impact Justification
Trading segment change affects liquidity and trading conditions for Essex Marine shares