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 the equity shares of OVAL PROJECTS ENGINEERING LIMITED (Scrip Code: 544498) will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment (M Group) effective Thursday, 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
- SME segment company
Regulatory Changes
The trading mechanism for OVAL PROJECTS ENGINEERING LIMITED shares will change from Trade for Trade basis to Rolling settlement, allowing for more flexible trading compared to the restrictive T4T segment.
Compliance Requirements
Trading members should note the segment change and adjust their trading systems accordingly. For queries, members can contact Mr. Anurag Jain at Tel. No. 022 – 2272 8822.
Important Dates
- September 18, 2025: Effective date for segment transfer
Impact Assessment
The move from Trade for Trade to Rolling segment typically improves liquidity and reduces settlement restrictions for the stock. This change suggests improved compliance or trading patterns for the company, making it eligible for normal rolling settlement.
Impact Justification
Segment change affects trading liquidity and mechanics for the stock but is limited to one SME company