Description
Trade Wings Ltd. equity shares to be included under 'X' group effective October 15, 2025.
Summary
BSE has announced that equity shares of Trade Wings Ltd. (Scrip Code: 509953) will be included under the ‘X’ group effective October 15, 2025. This group change typically indicates companies under surveillance or with specific trading restrictions.
Key Points
- Trade Wings Ltd. (Scrip Code: 509953) will move to ‘X’ group
- Change effective from October 15, 2025
- Trading members notified through Notice No 20251008-19
- Contact person: Ms. Sonali Kurhade (Cell: +91-8779628213) for clarifications
Regulatory Changes
The equity shares will be traded under BSE’s ‘X’ group framework, which typically applies to companies that:
- Are under surveillance
- Have specific trading restrictions
- Require enhanced monitoring by the exchange
Compliance Requirements
Trading members must:
- Note the group change in their systems before October 15, 2025
- Apply applicable ‘X’ group trading rules and restrictions
- Inform clients holding or trading this scrip about the group change
- Contact Ms. Sonali Kurhade for any clarifications needed
Important Dates
- Notice Date: October 8, 2025
- Effective Date: October 15, 2025
Impact Assessment
The movement to ‘X’ group will likely result in:
- Enhanced surveillance on trading activities
- Potential restrictions on trading (depending on X group rules)
- Increased scrutiny by exchange authorities
- Possible impact on liquidity and trading volumes
- Investors should exercise caution when trading this scrip
Impact Justification
Movement to X group indicates increased surveillance or restrictions on trading, affecting investors and trading members dealing with this scrip.