Description

CHIRAHARIT LIMITED equity shares will be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective October 24, 2025.

Summary

BSE has announced that equity shares of CHIRAHARIT LIMITED (Scrip Code: 544561), an SME IPO, will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment (M Group) effective October 24, 2025. This change follows the earlier notice dated October 7, 2025, and represents a shift in the trading mechanism for the company’s shares.

Key Points

  • Scrip Code: 544561
  • Company: CHIRAHARIT LIMITED (SME IPO)
  • Current Segment: Trade for Trade segment (MT Group)
  • New Segment: Rolling segment (M Group)
  • Effective Date: Friday, October 24, 2025
  • Notice Number: 20251009-4
  • Continuation of previous notice: 20251007-48 dated October 7, 2025
  • Contact: Mr. Anurag Jain, Tel: 022-2272 8822

Regulatory Changes

The trading mechanism for CHIRAHARIT LIMITED shares will transition from Trade for Trade settlement to Rolling settlement. This change allows for more flexible trading as opposed to the delivery-based T2T mechanism, potentially improving liquidity for the scrip.

Compliance Requirements

  • Trading Members should update their systems to reflect the segment change from MT Group to M Group
  • Trading Members must ensure compliance with Rolling segment trading rules effective October 24, 2025
  • Trading Members may contact Mr. Anurag Jain for clarifications or additional details regarding the transition

Important Dates

  • October 7, 2025: Original notice issued (20251007-48)
  • October 9, 2025: Current notice issued (20251009-4)
  • October 24, 2025: Effective date for segment transfer from MT Group to M Group

Impact Assessment

Market Impact: The transition from Trade for Trade to Rolling segment typically enhances liquidity as it removes delivery-based trading restrictions. This may lead to increased trading volumes and better price discovery for CHIRAHARIT LIMITED shares.

Operational Impact: Trading Members dealing in CHIRAHARIT LIMITED shares must update their operational systems and procedures to accommodate rolling settlement mechanisms. The change from M Group to MT Group represents a positive development for the SME stock, indicating improved trading conditions.

Investor Impact: Investors will benefit from greater flexibility in trading, as rolling settlement allows for intraday trading and squared-off positions, unlike the mandatory delivery requirement in T2T segment.

Impact Justification

Segment transfer from T2T to rolling settlement affects trading mechanism for CHIRAHARIT LIMITED shares, moderately impacting liquidity and trading members dealing with this SME stock.