Description
BSE discontinues weekly trading facility for Sword-Edge Commercials Ltd after completion of mandated six-month period for non-compliance with SEBI LODR regulations.
Summary
BSE will discontinue the weekly trading facility for Sword-Edge Commercials Ltd (Scrip Code: 512359) effective September 2, 2025. The company had been allowed to trade on a Trade for Trade basis in Z group only on the first trading day of each week for six months following suspension for non-compliance with SEBI LODR regulations. This six-month period has now been completed.
Key Points
- Sword-Edge Commercials Ltd (Scrip Code: 512359) will lose weekly trading facility
- Company was previously suspended for non-compliance with SEBI LODR regulations
- Had been trading on Trade for Trade basis in Z group on first trading day of each week
- Six-month mandated period for this facility has been completed
- Discontinuation effective from September 2, 2025
Regulatory Changes
Implementation of SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, specifically Chapter-VII(A) regarding penal actions for non-compliance with SEBI LODR regulations.
Compliance Requirements
Trading Members must note the discontinuation of weekly trading facility for the specified company and adjust their trading operations accordingly.
Important Dates
- September 2, 2025: Discontinuation of weekly trading facility becomes effective
- January 13, 2025: Original suspension notice date (Reference: Exchange Notice No. 20250113-26)
Impact Assessment
Minimal market impact as this affects only one company with restricted trading. The discontinuation follows standard regulatory procedures for non-compliant entities after completion of the mandated six-month grace period.
Impact Justification
Affects only one small company with limited trading activity