Description
BSE announces trading parameters and settlement modalities for Advance Multitech Limited scrip code 526331 effective September 1, 2025.
Summary
BSE announces new trading and settlement parameters for Advance Multitech Limited (scrip code: 526331) following the company’s agreement with both depositories. The stock will move from Group P to XT with mandatory demat settlement and reduced market lot from 100 to 1 share, effective September 1, 2025.
Key Points
- Company has signed agreements with both depositories
- Stock will trade in Trade to Trade segment with compulsory demat settlement
- Market lot reduced from 100 shares to 1 share
- Netting will not be allowed in the scrip
- Shortages will be directly closed-out
- ISIN: INE875S01019
Regulatory Changes
- Group classification changes from P to XT
- Market lot size reduced from 100 to 1 equity share
- Mandatory dematerialised form settlement required
- Trade to Trade segment classification implemented
Compliance Requirements
- All trades must be settled in compulsory demat form
- No netting allowed for this scrip
- Direct close-out for any shortages
- Trading members must comply with new parameters
Important Dates
- September 1, 2025: Effective date for revised group and market lot changes
- August 29, 2025: Notice date
Impact Assessment
The changes will affect trading mechanics for Advance Multitech Limited, making it more accessible through reduced market lot size but with stricter settlement requirements. Currently under trading suspension, these parameters will apply upon revocation. The move to XT group and Trade to Trade segment indicates enhanced surveillance measures.
Impact Justification
Significant trading parameter changes for a specific stock affecting settlement and trading mechanics