Description

KVS Castings 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 KVS Castings Limited (Scrip Code: 544554), 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 the exchange’s earlier notice dated October 3, 2025.

Key Points

  • Company: KVS Castings Limited (SME IPO)
  • Scrip Code: 544554
  • Current Trading: Trade for Trade segment (MT Group)
  • New Trading Segment: Rolling segment (M Group)
  • Effective Date: October 20, 2025
  • Notice issued in continuation to Notice No. 20251003-55 dated October 3, 2025

Regulatory Changes

The trading mechanism for KVS Castings Limited will transition from the restrictive Trade for Trade segment to the more liquid Rolling segment. This change represents a graduation from MT Group to M Group classification, allowing for normal continuous trading rather than delivery-only trades.

Compliance Requirements

Trading Members should:

  • Update their systems to reflect the segment change effective October 20, 2025
  • Contact Mr. Anurag Jain (Tel: 022-2272 8822) for further details or clarifications
  • Ensure proper handling of trades in the new Rolling segment

Important Dates

  • October 3, 2025: Initial notice issued (Notice No. 20251003-55)
  • October 7, 2025: Circular notice date
  • October 20, 2025: Effective date for segment transfer

Impact Assessment

This change will have a positive impact on the stock’s liquidity and trading flexibility. Moving from Trade for Trade (delivery-only) to Rolling segment allows for intraday trading and settlement through the normal clearing mechanism, potentially increasing trading volumes and improving price discovery for KVS Castings Limited shares. This is a standard progression for SME IPO stocks that demonstrate stable trading patterns.

Impact Justification

Operational change affecting trading mechanism for KVS Castings Limited from restrictive Trade for Trade to normal Rolling segment, improving liquidity for SME IPO stock