Description

Essex Marine Limited equity shares to be transferred from Trade for Trade segment to Rolling segment under M Group 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 under M Group, effective August 26, 2025. This change follows the exchange’s previous notice dated August 8, 2025.

Key Points

  • Essex Marine Limited shares will move from MT Group to M Group
  • Transfer from Trade for Trade segment to Rolling segment
  • Change effective from Tuesday, August 26, 2025
  • Scrip Code: 544475
  • Contact: Mr. Anurag Jain (022 2272 8822) for details

Regulatory Changes

The trading methodology for Essex Marine Limited shares will change from Trade for Trade basis (where each trade requires full payment/delivery) to Rolling settlement under normal trading rules.

Compliance Requirements

Trading members should note the segment change and adjust their trading systems accordingly. No specific compliance actions required beyond normal trading procedures.

Important Dates

  • Previous Notice Date: August 8, 2025
  • Current Notice Date: August 11, 2025
  • Effective Date: August 26, 2025 (Tuesday)

Impact Assessment

The move from Trade for Trade to Rolling segment typically indicates improved liquidity and reduced trading restrictions for the security. This change should facilitate easier trading and potentially increase trading volumes for Essex Marine Limited shares.

Impact Justification

Segment change affects trading methodology but is routine administrative action for improved liquidity