Description

KVS Castings Limited equity shares will 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 KVS Castings Limited (Scrip Code: 544554) will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment (M Group) effective October 20, 2025. This change is a continuation of the exchange’s notice dated October 3, 2025, and represents a standard progression for SME IPO stocks.

Key Points

  • KVS Castings Limited equity shares currently trading in Trade for Trade segment (MT Group)
  • Transfer to Rolling segment with M Group classification
  • Effective date: Monday, October 20, 2025
  • Scrip Code: 544554
  • Company listed on BSE SME platform
  • Notice issued as continuation of October 3, 2025 notice (No. 20251003-55)
  • Contact person: Mr. Anurag Jain, Tel: 022-2272 8822

Regulatory Changes

The trading mechanism for KVS Castings Limited will change from Trade for Trade (T2T) settlement to Rolling settlement. In T2T segment, trades are settled on an individual basis with compulsory delivery, while Rolling settlement allows for normal trading with T+1 or T+2 settlement cycles. The shift to M Group indicates the stock will trade under standard equity trading rules without the restrictions of the T2T segment.

Compliance Requirements

  • Trading members must note the segment change for KVS Castings Limited
  • Members should update their systems to reflect the new group classification (M Group)
  • Any queries should be directed to Mr. Anurag Jain at BSE
  • Trading members must be prepared for the transition on October 20, 2025

Important Dates

  • October 3, 2025: Original notice issued (Notice No. 20251003-55)
  • October 6, 2025: Circular published date
  • October 7, 2025: Official notice date
  • October 20, 2025: Effective date for transfer to Rolling segment (M Group)

Impact Assessment

Market Impact: The transition from Trade for Trade to Rolling settlement is typically positive for liquidity and trading activity. T2T segments are restrictive and often applied to stocks with concerns about delivery or speculative activity. Moving to Rolling settlement indicates improved market confidence and normalizing trading conditions.

Operational Impact: Trading members will experience enhanced flexibility in trading KVS Castings Limited shares. The removal from T2T restrictions allows for intraday trading, margin trading facilities, and standard settlement cycles, which typically increases trading volumes and liquidity.

Investor Impact: Existing shareholders will benefit from improved liquidity and easier entry/exit options. The change signals a maturation phase for this SME IPO stock, potentially attracting broader investor participation.

Impact Justification

Routine post-IPO transition from T2T to rolling settlement affects trading dynamics for KVS Castings Limited shareholders and traders