Description

Essex Marine Limited shares to be transferred from Trade for Trade segment to Rolling segment effective August 26, 2025.

Summary

BSE has announced that Essex Marine Limited (Scrip Code: 544475) will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment (M Group) effective August 26, 2025. This change follows a previous notice dated August 8, 2025.

Key Points

  • Company: Essex Marine Limited
  • Scrip Code: 544475
  • Current Group: MT Group (Trade for Trade segment)
  • New Group: M Group (Rolling segment)
  • Effective Date: Tuesday, August 26, 2025
  • Segment: SME

Regulatory Changes

The equity shares will move from Trade for Trade trading mechanism to Rolling settlement, allowing for more flexible trading arrangements typical of the main market segment.

Compliance Requirements

Trading members should note the segment change and adjust their trading systems accordingly. For queries, members can contact Mr. Anurag Jain at 022 2272 8822.

Important Dates

  • August 26, 2025: Effective date for segment transfer
  • August 8, 2025: Date of previous related notice (20250808-47)

Impact Assessment

This change will provide greater trading flexibility for Essex Marine Limited shares, moving from the restrictive Trade for Trade mechanism to normal rolling settlement. This typically indicates improved liquidity expectations and reduced surveillance concerns for the stock.

Impact Justification

Segment transfer affects trading mechanics but is routine operational change for SME stock