Description
BSE announces group change for R&B Denims Ltd (Scrip Code: 538119) from Group X to Group B effective September 4, 2025.
Summary
BSE has announced a group change for R&B Denims Ltd (Scrip Code: 538119) from Group X to Group B, effective September 4, 2025. This corporate action will impact the trading classification of the company’s equity shares.
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 company will be reclassified from Group X to Group B, which represents a change in trading category and associated trading parameters.
Compliance Requirements
- Trading members must take note of this group change
- All trading systems and processes must be updated to reflect the new group classification
- Members should ensure compliance with Group B trading requirements
Important Dates
- Notice Date: September 3, 2025
- Effective Date: September 4, 2025
Impact Assessment
The move from Group X to Group B typically indicates improved compliance or financial standing. This change may affect trading margins, position limits, and other trading parameters for R&B Denims Ltd shares.
Impact Justification
Group change affects trading characteristics and investor perception of R&B Denims Ltd