Description

MITTAL SECTIONS LIMITED equity shares will be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective October 30, 2025.

Summary

BSE has announced that equity shares of MITTAL SECTIONS LIMITED (Scrip Code: 544575), currently trading in the Trade for Trade segment (MT Group), will be transferred to the Rolling segment under M Group effective October 30, 2025. This is a continuation of the exchange’s notice dated October 13, 2025.

Key Points

  • Company: MITTAL SECTIONS LIMITED (SME IPO)
  • Scrip Code: 544575
  • Current Segment: Trade for Trade (MT Group)
  • New Segment: Rolling Segment (M Group)
  • Effective Date: October 30, 2025
  • Notice Number: 20251014-27
  • Related Notice: 20251013-59 dated October 13, 2025

Regulatory Changes

The trading mechanism for MITTAL SECTIONS LIMITED will shift from Trade for Trade basis to Rolling settlement, allowing for intraday trading and standard T+2 settlement cycles instead of the stricter T2T framework.

Compliance Requirements

  • Trading members should note the change in trading segment
  • No specific action required from investors
  • Contact: Mr. Anurag Jain (Tel: 022-2272 8822) for further details

Important Dates

  • October 13, 2025: Initial notice issued
  • October 14, 2025: Confirmation notice issued
  • October 30, 2025: Effective date of group transfer

Impact Assessment

This change represents a standard progression for SME IPO stocks, moving from the restrictive Trade for Trade segment to the more liquid Rolling segment. The shift to M Group will enable intraday trading and improve liquidity for MITTAL SECTIONS LIMITED shares. This is typically a positive development for shareholders as it indicates the stock has stabilized post-IPO and met the exchange’s criteria for normal rolling settlement.

Impact Justification

Routine group migration from T2T to rolling segment for SME IPO stock post-listing period. Improves liquidity but limited broader market impact.