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 to the ‘M’ group effective October 15, 2025. This group change will affect the trading parameters and surveillance measures applicable to the security.
Key Points
- Company: Mahip Industries Ltd.
- Scrip Code: 542503
- Current segment: Equity
- New group classification: ‘M’ group
- Effective date: October 15, 2025
- Contact: Ms. Sonali Kurhade (+91-8779628213) for clarifications
Regulatory Changes
The security will be subject to the trading rules and surveillance measures applicable to securities in the ‘M’ group. The ‘M’ group typically includes securities that require enhanced monitoring or have specific trading restrictions.
Compliance Requirements
- Trading members must update their systems to reflect the new group classification
- Members should ensure compliance with ‘M’ group trading rules and restrictions
- Any queries should be directed to the BSE Listing Compliance team
Important Dates
- Notice Date: October 8, 2025
- Effective Date: October 15, 2025
Impact Assessment
The movement to ‘M’ group may result in:
- Modified trading parameters for the security
- Enhanced surveillance and monitoring
- Potential impact on liquidity depending on ‘M’ group restrictions
- Trading members need to be aware of applicable group-specific rules
Investors and trading members dealing with Mahip Industries Ltd. shares should note this change and adjust their trading strategies accordingly.
Impact Justification
Group change to 'M' affects trading parameters and surveillance for this specific security but has limited broader market impact