Description
BSE announces that equity shares of Ghushine Fintrrade Ocean Ltd. will be moved to 'M' group effective October 27, 2025.
Summary
BSE has announced that the equity shares of Ghushine Fintrrade Ocean Ltd. (Scrip Code: 539864) will be transferred to the ‘M’ group effective October 27, 2025. This change in group classification affects the trading parameters and surveillance framework applicable to the stock.
Key Points
- Company: Ghushine Fintrrade Ocean Ltd.
- Scrip Code: 539864
- New Group Classification: M Group
- Effective Date: October 27, 2025
- Contact for clarifications: Mrs. Kinjal More (+91-7304278788)
Regulatory Changes
The stock will be moved from its current group to the ‘M’ group, which typically indicates companies with medium market capitalization or specific trading characteristics as per BSE’s classification framework. The M group classification comes with distinct trading rules and surveillance measures.
Compliance Requirements
Trading members should:
- Update their systems to reflect the new group classification
- Ensure compliance with M group trading parameters
- Inform clients about the change in group classification
- Contact BSE for any clarifications before the effective date
Important Dates
- Notice Date: October 20, 2025
- Effective Date: October 27, 2025
Impact Assessment
The reclassification to M group may affect:
- Trading volumes and liquidity patterns
- Price discovery mechanisms
- Applicable surveillance measures
- Circuit filter limits and other trading parameters
- Investor perception and trading interest in the stock
Trading members and investors should be aware of the revised trading framework applicable to M group stocks from the effective date.
Impact Justification
Group change to M group affects trading conditions for the stock; medium impact on existing shareholders and traders of Ghushine Fintrrade Ocean Ltd.