Description
R&B Denims Ltd (Scrip Code: 538119) will be moved from Group X to Group B effective September 4, 2025.
Summary
BSE has announced a group change for R&B Denims Ltd, moving the company from Group X to Group B effective September 4, 2025. This reclassification affects the trading parameters and compliance requirements for the stock.
Key Points
- Company: R&B Denims Ltd
- Scrip Code: 538119
- Current Group: X
- New Group: B
- Effective Date: September 4, 2025
- Notice issued by Marian Dsouza, Senior Manager – Listing Operations (CRD)
Regulatory Changes
The stock will be subject to Group B trading rules and regulations instead of Group X parameters, which may include different margin requirements, position limits, and surveillance measures.
Compliance Requirements
Trading members must update their systems to reflect the new group classification for R&B Denims Ltd and ensure compliance with Group B trading parameters.
Important Dates
- Notice Date: September 3, 2025
- Effective Date: September 4, 2025
Impact Assessment
This group change is a routine administrative action that may affect trading dynamics for R&B Denims Ltd, including potential changes in liquidity, margin requirements, and institutional participation based on Group B characteristics.
Impact Justification
Group change affects trading classification but is routine corporate action with limited market-wide impact