Description

BSE announces addition of Canara HSBC Life Insurance Company to BSE IPO index and three SME companies to BSE SME IPO index effective October 20-21, 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 companies - 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 companies listed on BSE SME platform on October 17, 2025
  • SME companies will be added to BSE SME IPO index at market open on October 20, 2025
  • All actions included in end-of-day corporate action file (*.SDE)

Regulatory Changes

No regulatory changes introduced. This circular announces routine index reconstitution following new company listings.

Compliance Requirements

No specific compliance requirements for market participants. Index additions are automatic and reflected in corporate action files.

Important Dates

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

Impact Assessment

Market Impact: Medium - Index additions will trigger automatic buying by index funds and ETFs tracking the BSE IPO and BSE SME IPO indices. The staggered effective dates (October 20 vs 21) reflect the different listing segments.

Operational Impact: Low - Passive fund managers tracking these indices will need to rebalance portfolios to include the new constituents. The advance notice allows adequate preparation time.

Investor Impact: Index inclusion typically provides additional liquidity and institutional participation for newly listed stocks, particularly beneficial for SME companies seeking broader market visibility.

Impact Justification

Index additions for newly listed companies affect index composition and passive fund portfolios but represent routine listing operations