Description

Bhavik Enterprises Limited equity shares to be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective October 20, 2025.

Summary

BSE has announced that the equity shares of Bhavik Enterprises Limited (Scrip Code: 544551), an SME IPO company, will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment (M Group) effective October 20, 2025. This change follows a previous notice dated October 3, 2025.

Key Points

  • Company: Bhavik Enterprises Limited (SME IPO)
  • Scrip Code: 544551
  • Current Group: MT Group (Trade for Trade segment)
  • New Group: M Group (Rolling segment)
  • Effective Date: Monday, October 20, 2025
  • Notice Number: 20251006-29
  • Contact: Mr. Anurag Jain, Tel: 022-2272 8822

Regulatory Changes

The trading mechanism for Bhavik Enterprises Limited will change from Trade for Trade (T2T) settlement to Rolling settlement. In T2T segment, trades must be settled with compulsory delivery, while Rolling segment allows normal market settlement mechanisms with intraday trading permitted.

Compliance Requirements

  • Trading members should note the segment change in their systems
  • All trading in the scrip should be conducted under M Group parameters from October 20, 2025
  • Trading members may contact Mr. Anurag Jain for clarifications or further details

Important Dates

  • October 3, 2025: Previous notice issued (Notice No. 20251003-71)
  • October 6, 2025: Current notice date
  • October 20, 2025: Effective date for group change

Impact Assessment

Market Impact: Medium - The move from Trade for Trade segment to Rolling segment typically indicates improved trading characteristics and compliance. This change will enhance liquidity as the stock moves from restricted T2T trading to normal rolling settlement, allowing intraday positions and reducing settlement obligations.

Operational Impact: Trading members need to update their systems and risk management frameworks to reflect the new group classification. The change may attract more trading interest due to relaxed settlement requirements.

Impact Justification

Segment change affects trading mechanism for this SME stock, moving from restricted T2T to normal rolling settlement which improves liquidity