Description

BSE adds Canara HSBC Life Insurance to BSE IPO Index and three SME stocks to BSE SME IPO Index effective October 2025.

Summary

BSE announces the addition of four newly listed companies to its indices. Canara HSBC Life Insurance Company Limited (ticker 544583) will be added to the BSE IPO Index effective October 21, 2025. Three SME platform listings - Shlokka Dyes Limited (544582), SK Minerals & Additives Limited (544584), and Sihora Industries Limited (544585) - will be added to the BSE SME IPO Index effective October 20, 2025.

Key Points

  • Canara HSBC Life Insurance Company Limited listed on BSE on October 17, 2025
  • Addition to BSE IPO Index effective at market open on October 21, 2025
  • Three SME companies listed on BSE SME platform on October 17, 2025
  • SME stocks added to BSE SME IPO Index effective at market open on October 20, 2025
  • All additions included in end-of-day corporate action file (*.SDE)

Regulatory Changes

No regulatory changes introduced. This is a routine index maintenance action following standard procedures for newly listed securities.

Compliance Requirements

No specific compliance requirements for market participants. Index providers and passive fund managers tracking these indices will need to adjust their portfolios to reflect the new constituents.

Important Dates

  • October 17, 2025: Listing date for all four companies on BSE
  • October 20, 2025: Effective date for SME stock additions to BSE SME IPO Index (at market open)
  • October 21, 2025: Effective date for Canara HSBC addition to BSE IPO Index (at market open)

Impact Assessment

Limited market impact. These are routine index additions following new listings. Impact primarily affects:

  • Index Funds: Passive funds tracking BSE IPO and BSE SME IPO indices will need to purchase these stocks
  • Market Liquidity: May see increased trading volume in these stocks as index funds rebalance
  • Investor Awareness: Index inclusion provides greater visibility for newly listed companies

The staggered effective dates (October 20 for SME stocks, October 21 for Canara HSBC) allow orderly incorporation into respective indices.

Impact Justification

Routine index additions for newly listed companies with limited market-wide impact