Description
SK MINERALS & ADDITIVES LIMITED will be transferred from Trade for Trade segment (MT Group) to Rolling segment (M Group) effective November 04, 2025.
Summary
BSE has announced that the equity shares of SK MINERALS & ADDITIVES LIMITED (Scrip Code: 544584) will be transferred from the Trade for Trade segment (MT Group) to the Rolling segment (M Group) effective Tuesday, November 04, 2025. This change follows the Exchange’s Notice No. 220251016-69 dated October 16, 2025.
Key Points
- Company: SK MINERALS & ADDITIVES LIMITED
- Scrip Code: 544584
- Segment: SME
- Current Classification: Trade for Trade segment (MT Group)
- New Classification: Rolling segment (M Group)
- Effective Date: Tuesday, November 04, 2025
- Contact: Mr. Anurag Jain, Tel: 022-2272 8822
- Issued By: Hardik Bhuta, Assistant Vice President
Regulatory Changes
The stock will transition from MT Group (Trade for Trade) to M Group (Rolling segment). This represents a change in trading mechanism where:
- Trade for Trade segment requires full upfront payment and delivery
- Rolling segment allows normal T+1 settlement cycle with intraday trading
Compliance Requirements
- Trading members must update their systems to reflect the group change
- Trading members should contact Mr. Anurag Jain for further clarification or details
- All market participants must be aware of the new trading mechanism applicable from the effective date
Important Dates
- October 16, 2025: Previous notice (220251016-69) issued
- October 17, 2025: Current notice issued
- November 04, 2025: Effective date for group change
Impact Assessment
Trading Impact: The shift from Trade for Trade to Rolling segment is generally positive for liquidity as it removes restrictions on intraday trading and allows for normal settlement cycles. This may increase trading activity and improve price discovery.
Investor Impact: Investors will benefit from enhanced liquidity and more flexible trading options. The move suggests improved compliance or market conditions for the company.
Operational Impact: Trading members need to update their systems and processes to accommodate the segment change before the effective date.
Impact Justification
Impacts trading mechanism for SK MINERALS & ADDITIVES LIMITED by moving from restrictive Trade for Trade segment to more liquid Rolling segment, affecting trading members and investors.