Description
Trade Wings Ltd. equity shares will be moved to 'X' group effective October 15, 2025.
Summary
BSE has notified trading members that equity shares of Trade Wings Ltd. (Scrip Code: 509953) will be moved to the ‘X’ group with effect from October 15, 2025. This group change may impact trading conditions and surveillance measures for the security.
Key Points
- Company: Trade Wings Ltd.
- Scrip Code: 509953
- Effective Date: October 15, 2025
- Change: Inclusion under ‘X’ group
- Notice Number: 20251008-19
- Notice Date: October 8, 2025
Regulatory Changes
The equity shares will be transferred to the ‘X’ group, which typically indicates securities under enhanced surveillance or with specific trading restrictions. The ‘X’ group classification may involve modified trading parameters, settlement conditions, or heightened monitoring.
Compliance Requirements
- Trading members must take note of the group change effective October 15, 2025
- All trading in Trade Wings Ltd. shares must comply with ‘X’ group regulations from the effective date
- For clarifications, members can contact Ms. Sonali Kurhade (Cell: +91-8779628213)
Important Dates
- October 8, 2025: Notice issued
- October 15, 2025: Effective date for group change to ‘X’ group
Impact Assessment
Trading Impact: Movement to ‘X’ group typically results in stricter trading conditions, which may affect liquidity and trading volumes. Investors should be aware that this classification often indicates concerns requiring enhanced surveillance.
Market Participants: Trading members and investors holding positions in Trade Wings Ltd. should review their strategies considering the new group classification and associated trading parameters.
Impact Justification
Movement to X group indicates heightened surveillance or trading restrictions, affecting liquidity and trading parameters for the stock