Description
CHIRAHARIT LIMITED equity shares to be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective October 24, 2025.
Summary
BSE has announced that the equity shares of CHIRAHARIT LIMITED (Scrip Code: 544561), an SME IPO company, 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 exchange’s previous notice dated October 7, 2025.
Key Points
- Company: CHIRAHARIT LIMITED (SME IPO)
- Scrip Code: 544561
- Current Segment: Trade for Trade (MT Group)
- New Segment: Rolling segment (M Group)
- Effective Date: Friday, October 24, 2025
- Notice Number: 20251009-4
- Reference Notice: 20251007-48 dated October 7, 2025
Regulatory Changes
The trading mechanism for CHIRAHARIT LIMITED shares will change from Trade for Trade basis to Rolling settlement. Trade for Trade segment typically has stricter settlement requirements, while Rolling segment allows for standard T+1 settlement cycles with intraday trading flexibility.
Compliance Requirements
- Trading Members should note the segment change in their systems
- Adjust trading strategies and client advisories accordingly
- Contact person for queries: Mr. Anurag Jain, Tel: 022-2272 8822
Important Dates
- Notice Date: October 9, 2025
- Effective Date: October 24, 2025
- Reference Notice Date: October 7, 2025
Impact Assessment
This segment change is positive for CHIRAHARIT LIMITED shareholders as it indicates improved trading flexibility. Moving from Trade for Trade to Rolling segment typically suggests the company has met stability criteria and may experience enhanced liquidity. The M Group classification under Rolling segment allows for normal market operations including intraday trading and margin trading facilities.
Impact Justification
Market segment change for a single SME stock affects trading mechanisms and liquidity but has limited broader market impact