Description
BSE transfers GOEL CONSTRUCTION COMPANY LIMITED equity shares from MT Group (Trade for Trade) to M Group (Rolling segment) effective September 23, 2025.
Summary
BSE has announced the transfer of GOEL CONSTRUCTION COMPANY LIMITED (Scrip Code: 544504) equity shares from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective September 23, 2025. This change will improve liquidity by allowing normal rolling settlement instead of mandatory delivery-based trading.
Key Points
- Company: GOEL CONSTRUCTION COMPANY LIMITED
- Scrip Code: 544504
- Current Group: MT Group (Trade for Trade segment)
- New Group: M Group (Rolling segment)
- Effective Date: September 23, 2025
- Contact: Mr. Anurag Jain (022 2272 8822)
Regulatory Changes
The equity shares will be transferred from:
- From: Trade for Trade segment (MT Group) - requires mandatory delivery
- To: Rolling segment (M Group) - allows normal T+1 rolling settlement
This change indicates improved compliance and trading behavior of the stock.
Compliance Requirements
- Trading members should note the group change for position management
- Updated trading parameters will apply from the effective date
- Members can contact BSE for clarification on trading mechanics
Important Dates
- Notice Date: September 9, 2025
- Effective Date: September 23, 2025 (Tuesday)
- Reference Notice: 20250908-28 dated September 8, 2025
Impact Assessment
Positive Impact:
- Enhanced liquidity due to rolling settlement mechanism
- Reduced trading restrictions compared to Trade for Trade segment
- Easier position taking and covering for traders
Operational Impact:
- Trading members need to update their systems and processes
- Risk management parameters may need adjustment
- Improved accessibility for retail and institutional investors
Impact Justification
Segment transfer affects trading mechanics and liquidity for the stock but is routine operational change