Description
SK MINERALS & ADDITIVES LIMITED (Scrip Code: 544584) to be transferred from Trade for Trade segment (MT Group) to Rolling segment under 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 circular is issued in continuation to Exchange 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
- Notice Reference: Continuation of Notice No. 220251016-69 dated October 16, 2025
- Contact Person: Mr. Anurag Jain, Tel: 022-2272 8822
- Issued By: Hardik Bhuta, Assistant Vice President
Regulatory Changes
The trading mechanism for SK MINERALS & ADDITIVES LIMITED will change from Trade for Trade (T2T) settlement to Rolling settlement. In Trade for Trade segment, all trades must result in delivery with no intraday squaring off permitted. The Rolling segment allows standard T+2 settlement and intraday trading, providing greater liquidity and trading flexibility.
Compliance Requirements
- Trading Members are informed to note the group change in their systems
- Dealings in the equity shares will be conducted under M Group from November 04, 2025
- Trading Members requiring clarification should contact Mr. Anurag Jain on 022-2272 8822
Important Dates
- October 16, 2025: Original notice (No. 220251016-69) issued
- October 17, 2025: Current circular issued
- November 04, 2025: Effective date for transfer to Rolling segment (M Group)
Impact Assessment
Positive Impact: The transfer from Trade for Trade segment to Rolling segment is generally favorable for shareholders and traders as it:
- Enables intraday trading and squaring off positions
- Improves liquidity in the stock
- Reduces settlement restrictions
- Allows standard T+2 settlement cycle
- Indicates improved compliance or surveillance parameters
Market Implications: The move suggests that BSE’s surveillance has determined the stock no longer requires the restrictive T2T framework, which is typically imposed on securities with volatility concerns or compliance issues. This reclassification may attract more trading interest and improve price discovery.
Impact Justification
Transfer from restrictive Trade for Trade segment to Rolling segment improves liquidity and trading flexibility for SK MINERALS & ADDITIVES LIMITED shareholders