Description
Mahip Industries Ltd. equity shares will be moved to 'M' group effective October 15, 2025.
Summary
BSE has announced that the equity shares of Mahip Industries Ltd. (Scrip Code: 542503) will be moved from its current trading group to the ‘M’ group effective October 15, 2025. This change in classification may impact trading parameters and investor participation in the stock.
Key Points
- Company: Mahip Industries Ltd.
- Scrip Code: 542503
- New Group: ‘M’ group
- Effective Date: October 15, 2025
- Notice Number: 20251008-18
- Segment: Equity
Regulatory Changes
The equity shares will be reclassified under the ‘M’ group, which is typically used by BSE for companies with specific characteristics such as lower market capitalization, limited trading volumes, or those requiring additional surveillance measures.
Compliance Requirements
Trading members are required to:
- Note the change in group classification for Mahip Industries Ltd.
- Update their systems and records accordingly before October 15, 2025
- Contact Ms. Sonali Kurhade (Cell: +91-8779628213) for any clarifications
Important Dates
- Notice Date: October 8, 2025
- Effective Date: October 15, 2025
Impact Assessment
The movement to ‘M’ group may result in:
- Changed trading parameters and margin requirements
- Potential impact on liquidity and trading volumes
- Modified surveillance measures
- Investors and trading members should review their positions and strategies accordingly
Contact Information
- Ms. Sonali Kurhade, Manager - Listing Compliance, Cell: +91-8779628213
- Yogendra Daxini, Deputy Vice President
Impact Justification
Group change to 'M' group indicates the stock is moving to a category for companies that typically have lower trading volumes or require additional surveillance, which may affect liquidity and trading patterns for investors.