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), an SME IPO, will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment (M Group) effective October 30, 2025. This change follows the exchange’s previous 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: Thursday, October 30, 2025
- Notice Number: 20251014-27
- Previous Notice Reference: 20251013-59 dated October 13, 2025
Regulatory Changes
The trading mechanism for MITTAL SECTIONS LIMITED will change from Trade for Trade settlement to Rolling settlement, allowing for intraday trading and T+1 settlement instead of delivery-based trading only.
Compliance Requirements
- Trading members should note the group change in their systems
- Adjustments to trading strategies may be required for clients holding positions
- Contact person for queries: Mr. Anurag Jain (Tel: 022-2272 8822)
Important Dates
- Notice Date: October 14, 2025
- Effective Date of Transfer: October 30, 2025
- Previous Notice Date: October 13, 2025
Impact Assessment
This change will improve trading liquidity for MITTAL SECTIONS LIMITED shares by moving from restricted Trade for Trade segment to the more flexible Rolling segment. Investors will benefit from intraday trading capabilities and improved price discovery. The move typically indicates successful post-IPO stabilization for SME stocks.
Impact Justification
Routine group transfer from Trade for Trade to Rolling segment for SME IPO stock, improving liquidity but limited to single company