Description
OVAL PROJECTS ENGINEERING LIMITED shares to be transferred from Trade for Trade segment to Rolling segment effective September 18, 2025.
Summary
BSE has announced that equity shares of OVAL PROJECTS ENGINEERING LIMITED (Scrip Code: 544498) will be transferred from Trade for Trade segment (MT Group) to Rolling segment, shifting the company under M Group effective September 18, 2025.
Key Points
- Company: OVAL PROJECTS ENGINEERING LIMITED
- Scrip Code: 544498
- Current Segment: Trade for Trade segment (MT Group)
- New Segment: Rolling segment (M Group)
- Effective Date: September 18, 2025
- This is a continuation of Exchange Notice No. 20250903-50 dated September 03, 2025
Regulatory Changes
The trading mechanism will change from Trade for Trade basis to normal rolling settlement, allowing for more flexible trading arrangements.
Compliance Requirements
- Trading Members must note the segment change
- Updated trading procedures will apply from the effective date
- Contact Mr. Anurag Jain on 022-2272 8822 for further details
Important Dates
- September 18, 2025: Effective date for segment transfer
- September 04, 2025: Notice date
Impact Assessment
This change will improve liquidity for the stock by moving it from restrictive Trade for Trade segment to normal Rolling segment, potentially benefiting investors with better trading flexibility.
Impact Justification
Segment change affects trading mechanism but company remains listed